Tourism considered key contributor to investment growth in Indonesia

Published on : Thursday, February 2, 2017

Tourism considered key contributor to investmentIndonesia remains an attractive destination for investors, with tourism considered key contributor to investment growth, Indonesia Investment Coordinating Board (BKPM) said.


The statement was made by BKPM Chairman Thomas Lembong. He added that on the basis of nearly US$44 billion of investment recorded last year, a higher target could be set for 2017.


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


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


Indonesia is aiming to welcome 15 million visitors this year and 20 million tourists annually by 2019.


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