Indonesia Offers Tourism Investment Opportunities At Annual Hotel Conference 2017 in UK | Invest Islands

Indonesia Offers Tourism Investment Opportunities At Annual Hotel Conference 2017 in UK

According to the ministry’s investment division head Hengky Manurung, the government is currently focusing on attracting investors to develop the tourism industry in Indonesia.

“Many people still have no idea about the investment opportunities in Indonesian tourism, hence we have to build a network with other industry players overseas in order to gain trust from the investors,” said Hengky.

For the past five years, the foreign investment growth in Indonesia is at 62.86 percent. Moreover, the country is targeting to attract 20 million foreign tourists by the end of 2019.

At the event, Indonesian representatives offered investment opportunities in the 10 Priority Destinations especially in Lake Toba.

Among the investors participated in the event were Scottish Development International, EP&T Global LTD, Casual Dining Group Ltd, Accor Hotel Group and others.

Lake Toba offers 500 hectares of land with the total investment of US$1.6 million.

Tourism Minister Arief Yahya said that several investors from Singapore and Malaysia have shown interest in investing at Lake Toba. However, they want the infrastructure development to be done first.

“Many [investors] from Singapore have visited the place numerous times; investors from China are likely to make an investment there as well. For tourism, the number one investors are from Singapore and China, however we are open to other countries like the United Kingdom to invest,” said Arief.

IIPC London deputy director Theopita Tampubolon said the Annual Hotel Conference 2017 regularly joined by more than 800 delegates who work in the tourism and hospitality sectors in UK and its surrounding areas.

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