Australia tourism in Indonesia | Australia’s ambassador to Indonesia has emphasized the Federal Government’s commitment to try and help boost tourism in Indonesia. Australia would be providing funding through the World Bank to help create 10 new Balis. A draft World Bank document shows Indonesia is seeking a $US180 million (230$AU million ) loan to initially develop three locations as new tourism hotspots and an additional $US570 million ($721 million) from the World Bank based on results
Australia to provide funding to help Indonesia boost tourism, create 10 new Balis
A draft World Bank document shows Indonesia is seeking a $US180 million ($230 million) loan to initially develop three locations as new tourism hotspots and an additional $US570 million ($721 million) from the World Bank based on results.
The three locations are Lake Toba in North Sumatra, Lombok in West Nusa Tenggara, and Borobudur temple site in Yogyakarta in Central Java.
The Indonesian Government wanted to increase international arrivals from 9 to 20 million between 2014 and 2019 and tourism from 4 per cent to 20 per cent of GDP over the same period.
The World Bank projections https://invest-islands.com/world-bank-on-indonesia-gdp-projections/also noted to build on Bali’s success large new infrastructure investments including airports, toll roads and ports were needed.
Source Article :