Indonesia Investment Forum 2017 highlights tourism potential | Invest Islands

Indonesia Investment Forum 2017 highlights tourism potential

“In general, Indonesia’s tourism sector [in 2015] grew at 10.3 percent; the number is above ASEAN, which had 5.1 percent, and global tourism growth of 4.4 percent,” Tourism Minister Arief Yahya explained.

Tourism Minister Arief Yahya said the sector was the easiest, quickest and cheapest way to increase economic growth, foreign exchange earnings, GDP and employment.

Investment in the #tourism industry is growing every year and has the potential to become a primary sector for attracting both local and foreign investors.

Over the past five years, the total contribution made by tourism industry reached Rp 51.2 trillion (US$3.85 billion). From the data collected by the #BKPM in 2016, direct investment in tourism reached Rp 15 trillion in total, comprising Rp 2.2 trillion in domestic and Rp 12.8 trillion in foreign investment.

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