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 · A Raging Redundancy of Rooms
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
Jln. By Pass Ida Bagus Mantra,
Jln. Pucuk 1 No. 70X
Denpasar, Bali
Indonesia

24h:
+62 (0)812 3819724
Tel:
+62 (0)361 464 032, +62 (0)361 471 0242

Bali Discovery

SITE PATA ASITA
Bali News

A Raging Redundancy of Rooms

Officials Insist Moratorium in Effect on New Hotel Building in Baliís South


Bali News: Bali, Indonesia, Denpasar, Badung, Gianyar, BKPM, moratorium, BPMP, IB Made Parwata, Investment and Licensing, investment black list, Investment Coordinating Board, Hotel investment
Click Image to Enlarge

(8/3/2012)

The policy of the provincial government of Bali imposing a temporary moratorium on the issuance of principal agreements to investors for new accommodation projects remains in place.

The head of the Investment and Licensing Body (BPMP) for Bali, IB Made Parwata, on Monday, July 30, 2012, told Bisnis Bali that his office and the head of the Investment Coordinating Board (BKPM) were in agreement to close new investment in accommodation in South Bali in order to more evening distribute tourism development in Bali.

Parwata said his office continued to be bound by instructions to implement a moratorium issued by the governor of Bali on December 27, 2010 sent to the national office of BKPM. The BKPM will not issue principal permission for new accommodation projects in South Bali to foreign investors.

He estimates that there are 2,190 accommodation providers in Bali providing 45,557 rooms. 85% of these rooms are concentrated in Bali’s capital of Denpasar, Badung and Gianyar. For this reason, he said, the BKPM, BPMP and other agencies are refusing requests for domestic and foreign investment projects in those areas.

By limiting new licenses officials hope to encourage investment projects in other areas of Bali and spread the economic benefit that accompanies these projects to less developed areas of the island. By encouraging new investment in Bali’s hinterlands, officials also hope to reduce the stress on the overburdened infrastructure in the island’s south.

Parwata suggested that the moratorium on new accommodation projects in South Bali may be strengthened further by placing such projects on the “negative list” of investments issued by the  central government making its illegal to launch new accommodation ventures in Bali’s southern regions.

Parwata said that the new hotel projects now being opened or constructed in South Bali are connected to investments approved before the December 2010 moratorium was declared.

Related Articles

[A Moratorium on Moratoria

[Ignoring Bali’s Moratorium on New Hotels]

[Giving the Hotel Industry a Say]


© 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
Mitigating Madness
Bali Put on Highest Security Alert Following Bombing of Churches in East Java
(5/13/2018)
Run, Cycle and Swim at the Bali Triathlon
Herbalife Bali International Triathlon Sunday, October 21, 2018
(5/13/2018)
A Karma Ending
Suicide Suspected in Death of Australian Expatriate in Sanur, Bali
(5/13/2018)
Putting Kids Online
400 Computers to be donated to Indonesian Schools after IMF-World October 2018 Conference in Bali
(5/13/2018)
No Shortage of Rooms in Bali
Bali Optimistic 6.5 Foreign Tourists Will Visit in 2018
(5/13/2018)
The Decline of the Rupiah
Slide in Value of the Rupiah Causing Jitters in Baliís Business Community as Exchange Rate to the U.S. Dollars Passes Rp. 14,000
(5/13/2018)
Here Comes the Bribe!
Three Men Arrested for Charging Illegal Levies from Couples Making Pre-Wedding Photographs on Jimbaran Beach.
(5/13/2018)
Kilorun Bali 2018
Run for The Distance or Run to Gain Kilos in Ubud, Bali June 2-3, 2018
(5/13/2018)
Back in the USSR!
Two Russians Run Afoul with Police In Karangasem by Displaying Iconic Flag of the Soviet Union
(5/13/2018)
New Hires at the Hyatt
Management Team Put in Place to Open Hyatt Regency in Sanur, Bali
(5/13/2018)
Free Willy? Not in this Lifetime
Four Men Behind Akasaka Night Club Drug Bust in Bali Given Life Sentences on Appeal
(5/13/2018)
Key Holding the Keys to the Complex
Oliver Key Named Managing Director for St. Regis Bali and The Laguna
(5/13/2018)
All [News]!