One proposal that goes to the Investment Coordinating Board (BKPM) regarding guidance on investment in the tourism sector and the creative economy is that the proposed Hotel and Restaurant business sector is more open to foreign investment.
The proposing argument is that more open foreign investment for hotels and restaurants is expected to improve the quality of hotel and restaurant quality services in Indonesia, which at the end can support the development of the tourism sector in Indonesia.
BKPM Head Franky Sibarani explained, the current investment guideline regulation for 3-star hotels and above has been open 100% for foreigners. However, for 1-star and 2-star hotels, the maximum share ownership is still 51% foreign.
The proposed proposal is based on the argument that for 2-star and 3-star hotels in Indonesia today there are not too many different both in terms of service standards and in terms of the cost of construction and operation of hotels. In addition, the many desires of foreign investors to deposit more capital were hindered by the limited ability to deposit the capital of local shareholders.
"The development of hotels and restaurants can support efforts to attract tourists to Indonesia," Franky explained through written information received by detikFinance, Wednesday (12/16/2015).
Franky added that the proposal submitted would be discussed further by paying attention to aspects of national interests including the government's efforts to target the growth of 12 million foreign tourists in 2016.
"This is a government target that must be supported by all agencies and components of society involved as tourism stakeholders in Indonesia," he said.
Throughout the October 22, 2014 December 11 2015 period, the BKPM investment marketing team identified the existence of several 8 investment projects in the hotel and restaurant sector.
The eight investment interests are 2 investment projects from China totaling US $ 590 million with planned locations in Lombok, NTB and Batam, Riau Islands, 2 projects from the United Arab Emirates in Jakarta and Bali.
Then, 2 projects from South Korea that plan to invest in Semarang and Bandung, as well as each investment project from Australia worth US $ 1.7 million and Russia taking location in NTB.
BKPM has received 454 entries regarding the planned revision of the investment guide. These inputs are grouped into sectors and business sectors, the same number being 222 entries, each ESDM sector 23 proposals, forestry 9 proposals, health 9 proposals, financial 1 proposal, 8 Communication and Informatics proposals.
Furthermore, tourism and creative economy 7 proposals, 9 public works proposals, 4 education and culture proposals, 1 proposal banking, 32 proposals, 36 proposals for transportation, 9 industrial proposals, 6 defense defense proposals, 43 proposed agriculture, 2 proposals for employment, and 16 other proposals. BKPM itself expects new rules regarding this Investment Guide to be completed in April 2016.
Report : https://finance.detik.com/berita-ekonomi-bisnis/d-3097865/asing-diusulkan-bisa-100-di-investasi-hotel-dan-restoran