Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · New Investments in Bali Drop
Bali Hotels, Bali Villas and Bali News from
Bali Hotels
Bali Villas
Special Deals!
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Bali Update
Subscribe to our free weekly newsletter!
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

++62 361 286 283

++62 361 286 284

U.S.A. Fax:(toll free)

U.K. Fax:

Australian Fax:

++62 812 3819724

Bali Discovery

Bali News

New Investments in Bali Drop

Ambitious Invetsments Targets Unlikely to Be Achieved in 2009. Calls for Stronger Sanction in New Zoning Law to Protect Bali's Environment.

Bali News:
Click Image to Enlarge


During the first quarter of 2009, the investment picture in Bali became stagnant with no new applications for domestic projects and only Rp. 53 billion (US$4.7 million) in foreign investment applications.

According to Kompas, the Chairman of the Bali Investment Board (BPM), Nyoman Suwirya Patra, is pessimistic that Bali will be able to meet its investment average of Rp. 850 billion (US$75.9 million). In 2008, Bali recorded investment applications worth Rp. 1.1 trillion (US$97.2 million) against a targeted Rp. 11.1 trillion (US$991 million).

Nyoman Suwirya blamed the lack of investment activity in Bali on the worldwide financial situation, explaining that his office would now focus on events and improving its website. He also told the press that the licenses approved in the first quarter of 2009 were spread over 15 projects in textiles, construction, hotels and restaurants. 57% of these new investments are in the Badung regency, followed by Buleleng, Gianyar and Denpasar.

New Zoning Regulations

Suwirya is not confident that the new zoning regulations for Bali (RTWT) will be realized, as planned, by June 2009.

The Chairman of the Bali House of Representatives (DPRD), Ida Bagus Wisnawa, said, "we are still carefully studying (RTRW), following input provided by the public." In response to those who feel the new RTRW lacks proper sanctions against violators, he said they would bring the new rules into conformance with the existing policies.

Governor Pastika has rejected claims that the RTRW now being socialized to the public lack clarity on sanctions. Said Pastika: "We are bringing sanctions into conformance with the current rules."

Separately, the chief of the Regional Center for the Environment in Bali, Ir. R. Sudirman, told the press he hoped the new zoning regulations would not only consider economic factors but also address preserving the environment. He stressed the need for a balance between the economy and nature conservancy.

Sudirman called for the prevention of an interpretive application of the rules by bureaucrats, insisting the new RTRW must contain sanctions for regional and provincial leaders who commit errors in the licensing and recommendation process.

An expert in geomorphology from Udayana University, R. Suyarto, said he hoped that the public in Bali be given an opportunity to contribute their opinions in creating local regulations. He explained that Bali, as a small island, has a delicate eco-system and any change in land use must be carefully considered and made clear. "Thus far, there's a perception that science has not been employed in considering the feasibility of a given investment. There is a tendency that economic considerations are given precedence over preserving Bali's environment."

© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to


Plaga Wine
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!

Our [Privacy Statement] explains how we handle the data you are providing.

Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!

or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
The Jewel of Baliís North Shore
The Lovina Bali - the Way Luxury in North Bali was Meant to Be
We Get Mail
Readers Respond to Coverage of an Aging Dokar Driver and Express Concerns About Island's Overdevelopment
Two Strikes . . .
Lightning Strike Kills Two Farmers in West Bali
Don't Be Gone in a Flash! Shares Safety Tips for Motorcyclists and Other Outdoor Sports Enthusiasts on What to Do When Lightning Strikes
Optimistic About Baliís Economy in 2016
Bank Indonesia Predicts 6.53% Economic Growth and Inflation of 2.98% for Bali in 2016.
An Official Check Up
9 Foreign Workers Examined in Immigration Inspection of Bali Health Services Provider
Balancing Baliís North and South
BTDC Exploring a Second Nusa Dua Style Complex for North Bali
Playing Possum on the Death Penalty
Indonesian Coordinating Minister Accused of Sending Mixed Signals on Plans for Imminent Executions
Bali Hai Cruises Sailing into the Future
Bali Hai Cruises Awards Contract for Design of a New Day Vessel for their Bali-based Cruise Operation
Love Among Island Republics
TripAdvisor: Singapore Travelers Picking Bali as their Top Holiday Destination for Q1 2016
All Roads do Not Necessarily Lead to Mecca
Bali Rejects Moves to Promote Island as Syariah Tourism Destination
Keeping Things Equal
Garuda Indonesia Charged with Sex Discrimination by its Female Cabin Crew
All [News]!