Friday, 28 January 2022 | 15:58 WIB

Investment in Tourism Sector Shows Growing Trend in 2017

Lake Toba one of new 10 tourist destinations.

JAKARTA, NNC - The development of tourist destinations undertaken by the Ministry of Tourism has spurred the growth of investment in the tourism sector. In 2017, tourism investment grew by 31 percent or USD1.7 billion, while in the first three months (Q1) of 2018 it reached USD500 million from the target set at USD2 billion.

Deputy Tourism Destination Development (Deputy PDP) at Ministry of Tourism Dadang Rizky Ratman said there is a correlation between the increasing visits of foreign tourists to Indonesia and increasing investment needs in favorite tourist destinations.

"Investment in the tourism sector is still focused on three major destinations, that is, Great Bali, Great Jakarta, and Great Riau Islands (Kepri) because these destinations are the most visited by foreign tourists," said Dadang, in a press release on Wednesday (6/6/2018).

Dadang explained that the rise in tourism investment is also related to the origin country of foreign tourists who come to Indonesia primarily from top-10 foreign tourists such as China, Europe, Singapore, Malaysia, Australia, India, USA, South Korea, Japan, the Philippines, Thailand, Taiwan, Middle East and Hongkong. "Tourism investment is realized in three regions or regions that are the responsibility of Deputy PDP," said Dadang Rizky.

Dadang added there is a trend at provincial, city and district levels that they have high spirits to develop destinations in their areas. "This trend is evident from the proposed destination development project submitted through DAK (Special Allocation Fund) which reached IDR15 trillion, but the ability to realize is only between IDR500 billion and IDR1 trillion," said Dadang.

As is known, in the new organization of PDP at Tourism Ministry, the main tasks will be more focused on the development of 3A elements, consisting of Attractions, Amenity and Accessibility in order to support the vision of the Tourism Ministry to achieve foreign tourist visits this year to 17 million foreign tourists and to 20 million foreign tourists in 2019.