This country steals the most money for tourism in RI Lifestyle – 11 hours ago

Jakarta, CNBC Indonesia – Minister of Tourism and Creative Economy (Menparekraf), Sandiaga Uno, revealed that investment realization in the Indonesian tourism sector in Semester I-2023 grew by 92.5 percent compared to last year (year on year/yoy), Tuesday (28/11/ 2023).

Sandi said that the achievement of tourism investment value had reached almost IDR 24 trillion, namely IDR 23.7 trillion during Semester I-2023. Meanwhile, the investors who invested the most capital came from Singapore, Hong Kong and India.

“Tourism investment achievements have reached IDR 24 trillion in 2023. Thank God. So, 92.5% growth year on year. And it turns out, who is investing in the foreign investment sector? Singapore, Hong Kong and India,” said Sandi in the Indonesia Tourism Outlook (ITO) 2024 in Jakarta, Tuesday (28/11/2023).

“What are they opening? Restaurants, star hotels and fitness centers. These are the main investment choices,” continued Sandi.

According to data from the Ministry of Tourism and Creative Economy, the investment realization is divided into IDR 8.70 trillion in foreign investment (PMA) and IDR 14.99 trillion in domestic investment (PMDN).

Singapore is the country with the highest amount of investment throughout Semester I-2023, namely US$ 166.13 million or around IDR 2.56 trillion (assuming an exchange rate of IDR 15,437/US$), followed by Hong Kong with an investment value of US$ 116.27 million or around IDR 1.79 trillion, and India amounted to US$ 93.63 million or around IDR 1.44 trillion.

Furthermore, the Minister of Tourism and Creative Economy said that his party is targeting a constant and continuing increase in investment. Apart from that, he revealed that the amount of Foreign Direct Investment (FDI) and job creation in the tourism cluster grew by 23 percent.

“Allow me to explain that the number of FDI and job creation in the tourism cluster grew 23 percent,” said Sandi.

“This is supported by the renewable energy sector. Green energy. Now hotels are moving towards a green energy transformation. In the last four years, we can be sure. And also investment in software and IT services so that the strengthening of the role of digital technology in the tourism sector is increasingly visible ,” he continued.

Previously, Sandi encouraged investors to prioritize green investment as an option in developing sustainable tourism in Indonesia.

Meanwhile, green investment in question is investment that prioritizes sustainability and environmental sustainability in the tourism sector and this trend will continue in the future.

[Gambas:Video CNBC]

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