Close
Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Investing in Paradise
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
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

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Investing in Paradise

Bali Targets US$2 Billion in Investment in 2012


Bali News: Investing in Paradise
Click Image to Enlarge

(1/6/2012)

Indonesia recent reclassification as “investment grade” is expected to lure many foreign investors to Bali’s shores.

In 2012 Bali expects more than Rp. 18 trillion (US$2 billion) in new investments, according to the head of Bali’s Investment Board (BPM), Ida Bagus Made Parwata, quoted by Bisnis Bali on January 2, 2012.

Parwata said that total investment in Bali in 2011 totaled Rp. 15.2 trillion (US$1.68 billion). Most of this new investment was in the tourism and supporting sectors. It’s expected that in 2012 this pattern of investment will continue.

Parwata said efforts will be made to encourage investments in Bali in a more even distribution between Bali’s districts and sectors. Thus far investments have concentrated in the southern regencies of Bandung, Denpasar and Gianyar. He bemoaned the disparity in investment levels between Bali’s South, North and Eastern regions. In order to find a solution to encourage investment in areas outside Bali’s South, Parwata feels the regions seeking these investments must create supporting infrastructures in order to attract investors.

Addressing disparities between various sectors of Bali’s economy, Parwata wants to establish workable synergies between the tourism and farming sectors. Corporate Social Responsibility (CSR) in the tourism sectors must be directed towards energizing farming in Bali. The agricultural sector in Bali needs to be ungraded to enable farming products to meet the demands for quality by hotels and restaurants.

Discussing Bali's 2009 Zoning Law (RTRWP), Parwata said the law is not negotiable. Investors who wish to invest in Bali must follow all local regulations, he said, including regulations on building and zoning.

 


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.


 
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
Cooking in the Middle Kingdom
St. Regis Kayuputi Culinary Team Represented Indonesia at Bocuse díOr Asia Pacific in Shanghai
(7/25/2014)
Pausing for a 'Cuppa' Before Take-Off
Government Does Surprise Drug Screening of Domestic Pilots at Bali Airport
(7/25/2014)
Have You Been to Bali, Too??
Bali by the Numbers: Bali on Pat to Welcome 3.75 million Foreign Visitors in 2014
(7/25/2014)
A 15-year Impasse
French Drug Courier Gets 15 Year Prison Sentence in Bali
(7/25/2014)
Rising Costs Dent Garudaís Finances
Garuda Loses US$211 million in First Half of 2014
(7/25/2014)
Mellow is the Night in Ubud
Jazz musician Deborah Carter set to perform at Uma by COMO in Ubud on August 10, 2014
(7/25/2014)
Indonesian Independence Meets Ferragosto
Prego at The Westin Celebrates Summer with a Traditional Italian Ferragosto Family Brunch
(7/25/2014)
Noble Surrender
Bali Governor Extends Public Congratulations to New Indonesian President and Vice President
(7/25/2014)
The Connection Between Trash and Rabies
Animal Health Officials Link Poor Trash Management in Bali to Islandís Rabies Epidemic
(7/25/2014)
Local Teens Drown in Northeast Bali
3 Balinese Boys at Tulamben Die During Jukung Outing
(7/25/2014)
Stop the Press
Dug Smuggler Posing as a Reporter Arrested at Baliís Ngurah Rai Airport
(7/25/2014)
Loose Connections
Java-Bali High Voltage Submarine Cable Threatened by Shore Side Erosion
(7/24/2014)
All [News]!
 
Tourism and Transport Tourism Agents