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Indonesian tourism attracts foreign investors


Pesona Indonesia

Jakarta  /  Fri, October 13, 2017  /  01:07 pm
Indonesian tourism attracts foreign investors

A beach at Tidore, a city, island and archipelago located in the Maluku islands of Eastern Indonesia. (Shutterstock/Anges van der Logt)

Tourism Minister Arief Yahya together with the ministry’s head of development acceleration for 10 priority tourist destinations, Hiramsyah S. Thaib, conducted an official meeting with the CEO of Wellington Capital Advisory (WCA) David Burke on Oct. 10.

WCA is an independent capital advisory firm that is based in Jakarta and Singapore.

During the meeting, Burke said his company has been receiving many investment requests for the tourism sector in Indonesia with clients mostly hailing from London, Paris and New York.

WCA also reveals its interest in helping to promote investment opportunities in the 10 New Balis and other destinations. It also requested to be given a list of potential tourist destinations where their clients can make an investment.

Read also:" target="_blank">Bali tries to convince tourists to stay

“Of course it should be in line with the government's development plans,” said Hiramsyah.

The tourism sector in Indonesia currently needs US$10 billion for development.

“Tourism is one of the leading sectors in Indonesia. WCA is making the right decision in helping the ministry to develop the country’s tourism,” said Arief.

Up until June, the growth of foreign tourists has reached 22.4 percent. Compared to the national economic growth that is at 5.01 percent, the growth of foreign tourists is equal to the foreign exchange income that is four times higher than the national economic growth.

“Regarding to branding, this year Wonderful Indonesia takes the 47th spot, meanwhile Amazing Thailand is at the 68th spot and Malaysia Truly Asia is at the 85th spot,” said Arief. (kes)

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