The Indonesian Embassy in the United Kingdom and Ireland on Tuesday (19/09) held the Indonesia Briefing in London to discuss investment opportunities in Indonesia, especially in tourism. (JG Photo/Yudha Baskoro)

Indonesia Showcases Tourism Investment Opportunities in England

BY :JAKARTA GLOBE

SEPTEMBER 20, 2017

Jakarta. The Indonesian Embassy in the United Kingdom and Ireland on Tuesday (19/09) held the Indonesia Briefing in London to discuss investment opportunities in Indonesia, especially in tourism.

"The event gives the latest update on Indonesia’s current politics, economics, social, culture and the Trade, Tourism and Investment [TTI] sectors," Hiramsyah Sambudhy Thaib, head of prioritized tourism destinations team at the Ministry of Tourism, said in a statement.

The event was attended by UK trade envoy for the Asean Economic Community Richard Graham, Women's Empowerment and Child Protection Minister Yohana Yembise and head of Task Force IMF-World Bank 2018 Annual Meeting Peter Jacobs.

During the briefing, investors were informed about the huge investment opportunity in Indonesia's tourism as the sector is one the biggest foreign exchange contributors.

According to data from the Central Statistics Agency (BPS), in 2016, tourism foreign exchange was second highest with $13.5 million per year, only behind palm oil, which amounted to $15.9 million per year.

In the Travel and Tourism Competitiveness Index (TTCI) this year, the Wonderful Indonesia brand is also ranked 42nd among other tourism marketing campaigns from 141 countries, an improvement from 70th spot in 2015.

The destinations highlighted during the presentation were the government’s 10 priority list that is projected to have a significant value in 2019 — Lake Toba (North Sumatra), Tanjung Kelayang (Bangka Belitung), Thousand Islands (Jakarta), Borobudur (Central Java), Bromo-Tengger-Semeru National Park (East Java), Mandalika (West Nusa Tenggara), Labuan Bajo (East Nusa Tenggara), Wakatobi (Southeast Sulawesi) and Morotai (North Maluku).

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