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ITIF TARGETED CAN CONTRIBUTES TO RI’S TOURISM SECTOR INVESTMENT

THE INDONESIA’s (RI) Ministry of Tourism and Creative Economy targets that the holding of the 2023 International Tourism Investment Forum (ITIF) tourism investment forum which will take place in Bali on 26-27 July 2023 can contribute at least 20% to achieving the Indonesian tourism sector investment target of US$6-8 billion by 2025.

According to the Minister of Tourism and Creative Economy, Sandiaga Uno in Merusaka Nusa Dua, Bali, Wednesday (7/26), 2023 said that from this event we hope there will be opportunities (investments) of up to 20% lead to the target of US$6 billion to US$8 billion. achieved.

ITIF 2023 carries the theme “Embracing Tourism Investment Opportunity: Green and Sustainable Investment” which aims to create a shared understanding regarding green investment. By presenting policy makers, central and regional government representatives, investors, and project owners, it is hoped that this forum will become a forum for discussion as well as a platform that connects stakeholders regarding the opportunities and challenges in implementing green investment.

So that it is expected to encourage sustainable tourism development globally, especially in Indonesia. As well as introducing existing investment opportunities in tourism areas/projects so as to accelerate investment and financial support in regional development. This event was attended by approximately 500 participants and among them were investors from Singapore, Malaysia, India, Australia, Italy and Russia.

Sandiaga explained, in ITIF 2023, he and the industry presented more than 12 sustainable tourism projects which were expected to attract investors, both domestic and foreign investors.

“We hope that this new era of tourism (green tourism) will not only be of higher quality and sustainability, it can also open up large employment opportunities with a target of 4.4 million new jobs in 2024,” said Sandiaga.

He is optimistic that the advantages of natural resources and supported by the strength of human resources will make tourism investment in Indonesia very attractive to potential investors. Not only in Bali, but also in other areas including 5 DPSP and 10 special economic zones spread across various regions.

“We see that up to the middle of the year the realization (tourism investment in Bali) is on track. But we have to work even harder because the types of investment that are wanted are new types of investments whose payback period is faster with an inclusive and greener approach. That is our target to build investment in the tourism sector,” Sandiaga stated.

Based on the data, investment realization in the tourism sector in 2022 is US$2,335.39 million. Meanwhile in 2023, from the investment target for the parekraf sector of US$2.68 billion, during Q1 2023 investment realization was US$225.28 million for external investment (FDI) and US$577.87 million for domestic investment (DDI).

“I thank you for the collaboration of all parties presenting new destinations besides of course Bali as an investment offer with a target (investment) of US$6-8 billion by (year) 2025,” Sandiaga concluded. [traveltext.id]