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View all search resultsThe Mayo Clinic, a United States-based medical nonprofit, has said it is strictly serving as a consultant for the development of the Bali International Hospital and has no part in running the government-supported healthcare facility intended to encourage Indonesian patients to seek advanced care domestically.
The plan to develop Algorithm Hill, which its backers hope will be the Indonesian version of Silicon Valley in California, the United States, faces infrastructure challenges despite having secured an investment of Rp 18 trillion.
The government is seeking to attract Rp 89.6 trillion (US$6.4 billion) in investment into three special economic zones (SEZ) in Java and Sulawesi as it aims to promote industrial and tourism development to stoke growth amid a cooling economy.
The local administration plans to accelerate tourism development in the Riau Islands through the government's SEZ scheme in a strategy to boost foreign tourist arrivals and thus, the province's tourism revenue.
The government’s plan to develop new special economic zones on Java has run up against opposition, with critics saying it would not only hamper the goal of creating equal economic development across the country but also put an additional burden on the densely populated island.
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