THE INDONESIA’S Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves) in collaboration with Bank Indonesia, local governments, ministries and institutions held an Investment Forum event to support the acceleration of economic recovery in Bali, which is the spearhead of Indonesian tourism.

The Investment Forum entitled “Rethinking and Reinventing Bali Post COVID-19” which was held in Bali, Friday, aims to increase foreign cooperation and attract investment in the tourism, health, education and infrastructure sectors of Bali as a form of economic diversification.

According to the Deputy for Tourism and Creative Economy Coordination of the Coordinating Ministry for Tourism, Marves Odo R.M. Manuhutu, in a written statement in Jakarta, Friday (26/3) stated that the government fully understands that the Province of Bali, whose 52% of GDP comes from the tourism sector, experienced an economic contraction during the COVID-19 pandemic. Therefore, Bali has become one of the tourism areas that has received more attention, especially in terms of accelerating economic recovery.

“Seeing the significance of foreign tourists in Bali tourism, the Coordinating Ministry for Marves invited representatives of countries that contributed the most to tourists including Italy, Canada, Switzerland, Japan, the Netherlands, the People’s Republic of China,” he said.

Odo R.M. Manuhutu explained that the activity agenda consisted of panel discussion sessions and field visits. The panel discussion session will consist of several topics, including Climate Change Mitigation Through Preserving Coral Reefs: Payment for Environmental Services, Reinventing Bali Post COVID-19, Enlarging the Market through Digital and Creative Economy, and Way Forward Post COVID-19 through Seizing Investment Opportunities in Indonesia. []