Antara News are reporting that Indonesia’s Ministry of Investment/Investment Coordinating Board (BKPM) is encouraging domestic investment (PMDN) in the country’s sustainable tourism sector.
Deputy for Investment Promotion of the Ministry of Investment Nurul Ichwan said the importance of increasing the realization of domestic PMDN, one of which is through the tourism sector. With the increasing target realization from year to year, it is hoped that the proportion of PMDN can exceed the level of investment realization in foreign investment (PMA).
“The high level of investment realization in PMDN is important for us, because with a higher level of PMDN than PMA, it means that all business activities that we do, starting from assets, capital, local expertise, all belong to the country. Including if there are profits or dividends from business activities, they can be maintained domestically, unlike PMA,” said Nurul in Jakarta, Saturday (21/9/24.)
The Ministry of Investment/BKPM held the Regional Investment Forum (RIF) in Legian, Bali. RIF is an annual investment forum held three times a year, where the activity in Bali is the closing event this year, after previously being held in Batam as a representative location for western Indonesia, and Makassar as a representative location for eastern Indonesia, says Antara News.
Bali was chosen as the representative location for central Indonesia. This activity was packaged in the form of window shopping and orations on investment opportunity projects from the regions and a panel discussion with the theme “Introducing Natural and Cultural Excellence: Increasing Sustainable Investment in the Tourism Sector”.
Antara News says RIF is expected to be a forum for local governments to promote investment opportunities from their respective regions to business actors, especially in the tourism sector, as well as provide opportunities for interaction and exploration of interest in new investment plans in the future.
The activity, which was attended by approximately 100 participants, came from representatives of the Investment and One-Stop Integrated Service Office (DPMPTSP) of the Province and Regency in Bali and outside Bali, associations of business actors in the tourism sector and representatives of companies in Bali and outside Bali, says Antara News.
In this activity, there is also a one-on-one meeting activity which is a forum for investors who are interested in exploring investment opportunities that have been brought and offered by several agencies including the Borobudur Authority Implementing Agency (BPO), the Likupang Special Economic Zone (KEK) Manager, and from the Provincial Governments of Bali, Central Java, Banten, East Java, and Central Kalimantan.
For information, I Made Agus Aryawan as the Head of the Investment and One-Stop Integrated Service Office (DPMPTSP) of Badung, who was present representing the Regent of Badung, expressed his appreciation for the holding of the investment forum in Bali. The more tourism potential that is socialized to the wider community, it is hoped that more investment will come in.
According to Antara News, Bali, in the first semester of this year, managed to record an investment realization of IDR 18 trillion, almost equivalent to last year’s achievement. For the tourism sector (hotels and restaurants), as one of the dominant sectors in Bali, in the last 5 years it has achieved an investment realization of IDR 31 trillion, which contributed 36.3 percent to the total investment realization in Bali. Meanwhile, the realization of PMDN investment in the last 5 years reached IDR 15.19 trillion or 48.7 percent of the total investment realization in the tourism sector of Bali Province.
Source: Antara News
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