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Tourism key to Indonesia’s investment growth

The Indonesia Investment Coordinating Board (BKPM) said Indonesia remains an attractive destination for investors, with tourism considered key contributor to investment growth.
Tourism key to Indonesia’s investment growth ảnh 1Tanah Lot Temple in Bali island (Photo: lonelyplanet.com)

Jakarta (VNA) - The IndonesiaInvestment Coordinating Board (BKPM) said Indonesia remains an attractivedestination for investors, with tourism considered key contributor to investmentgrowth.

BKPM Chairman Thomas Lembong said based on nearly44 billion USD of investment recorded last year, a higher target could be setfor 2017.

He pointed to tourism as a major earner,adding that investors were expressing their interest in the promising butunderdeveloped sector.

In 2016, tourism contributed 172 trillion Rp(13 billion USD) to state revenue.

Indonesia is aiming to welcome 15 millionvisitors this year.

The country expects to lure 20 milliontourists annually by 2019, almost double the current figure of approximately 12million visitors on average.

The Indonesian Ministry of Tourism has announcedthat it will build ten destinations dubbed “new Balis” to boost the tourismindustry. The destinations include Lake Toba (North Sumatra), Seribu Islands(Jakarta), Borobudur Temple (Central Java) and Mount Bromo (East Java).-VNA
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