Indonesia aims for Australian investment in tourism and infrastructure

Published on : Friday, August 11, 2017

Indonesian tourismIndonesia is striving for Australian investors to help recreate Nusa Dua – a high-end resort enclave in Bali – in an underdeveloped tourist destination in Eastern Indonesia in order to attract more Australian investment.

Minister for National Development Planning Professor Bambang Brodjonegoro recently returned from a five-city “road show” in Australia, during which he appealed to managers from superannuation funds and the government’s Future Fund to invest in Indonesian tourism and infrastructure projects. Last year, Australia invested just $9.16 billion in Indonesia compared with $617.4 billion in the US.

Mr. Bambang said that Indonesia is offering the opportunity to invest in infrastructure projects such as toll roads, power plants, airports and seaports with a much better return than any banking product. He said, “We only offer to any potential foreign investor a project with a return like 13 per cent.”

He said at the end of the road show, the two countries agreed to promote tourism in Labuan Bajo, a tourist town in Flores that is near Komodo and Rinka islands, the home of the famous Komodo dragons.

“We are planning to create something like Nusa Dua in Bali in Labuan Bajo – hopefully there will be Australian investors investing in creating more tourist attractions, maybe diving, paragliding, marina and also airport,” Mr Bambang said.

He hoped the project would be endorsed by Indonesian President Joko Widodo and Prime Minister Malcolm Turnbull at their next bilateral meeting.


Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo


  • 02 WTM London 2018
  • 03 imexamerica 2018
  • 07 miltcongress 2018
  • 08 theleisureshow 18
  • 09 cibtm 2018
  • 09 Seatrade Cruise Med 2018
  • 10 ITE-HCMC 2018
  • 13 aite 2018
  • 15 TravelDaily TDC 18
  • 16 OTDYKH 2018
  • 17 Hotel Show dubai 18
  • 18 hospitalityqatar 18
  • 18 Hotel Management Asia Summit 2018
  • 18 thincindonesia 2018
  • 19 bricsaconsulting 2018
  • 20 CITE_TTW 2018
  • 20 europecongress 18
  • 20 sahicsouthamerica 2018
  • 21 bitmchina 2018
  • 22 Hotel Management Singapore Summit 18
  • 23 PTM 2018
  • 30 PATA


Get our toolbar!
Review on