Minister Sandiaga Uno Advocates Golden Visa to Boost Bali's Tourism Economy

-
a portrait photo of Sandiaga Uno

Indonesia's Minister for Tourism and Creative Economies, Sandiaga Uno, is exploring new strategies to generate funds to boost the country's tourism sector.

Minister Uno advocates using the newly introduced Golden Visa to attract investment from affluent family offices. He discussed plans to set initial investment targets and draft appropriate regulations at the World Water Forum in Bali. His goal is to channel these investments primarily into Bali.

The businessman/politician believes attracting investments from family offices will bring significant benefits. This strategy would provide Indonesia, particularly Bali, with much-needed capital for infrastructure improvements while allowing investors and their families to live in Indonesia for up to 10 years.

The former Deputy Governor of Jakarta targets family offices in key financial hubs such as Singapore, Malaysia, Monaco, London, Hong Kong, and Dubai. He envisions long-term, sustainable investment in Bali and across Indonesia. He highlighted that the extended stay permitted by the Golden Visa, combined with the influx of funds, enhances sustainability and aligns well with the visa's objectives. Uno expressed his hope for Bali to become a hub for family offices like Hong Kong and Singapore.

However, not all stakeholders in Bali's tourism industry are in favor of Minister Uno's approach. Some experts have recently suggested establishing a Special Tourism Authority and designating Bali as a Special Autonomous Region for Tourism.

Tourism economist Viraguna Bagoes Oka has emphasized the urgent need for comprehensive spatial planning and strict enforcement of existing construction regulations. Oka pointed out that Bali is experiencing an uncontrolled influx of investors. He noted that the idea of a moratorium has been discussed for over a decade but has faced obstacles due to the broader political environment in Indonesia.

Oka further mentioned that achieving integrated command is difficult because local governments often act independently and fail to prioritize sustainable tourism principles.

Separately, Bagus Sudibya, Chairman of the Indonesian Agrotourism Association, has shared his thoughts on approaching the moratorium. He stressed the importance of focusing on spatial planning. Bali requires fair and effective spatial planning with its 4.7 million residents and a significant number of tourists.

Sudibya suggested that implementing the moratorium would involve temporarily pausing development to assess and determine the ideal number of tourists, their length of stay, and the availability of tourism facilities to ensure sustainable growth for Bali.

Location: Bali

Comments

Post a Comment

Popular posts from this blog

The Benefits of Tattoo Retouching

-
Image
Tattoos are more than just body art; they are personal stories etched into the skin. Keeping your tattoo looking fresh and vibrant requires periodic touch-ups, especially in a dynamic place like Canggu, Bali. Here’s why retouching your tattoo is crucial and how Canggu’s top tattoo artists can help maintain your ink’s brilliance. Keeping Your Tattoo Vibrant Over time, tattoos can lose their sharpness and vibrancy due to factors like sun exposure, skin regeneration, and the natural aging process. Even the best tattoos by skilled artists will eventually need touch-ups to restore their original detail and color. Regular touch-ups can keep your tattoo looking as vivid and striking as the day you got it. Touch-ups also allow for minor corrections that may be needed after the initial healing phase. Whether it’s filling in lighter areas or refining blurred lines, retouching ensures that the tattoo remains as close to its original design as possible, maintaining its artistic integrity. P
Read more

Bali to Begin Construction on Underpass to Address Traffic Congestion

-
Image
Bali is set to commence construction on a new underpass aimed at alleviating the island's increasing traffic congestion. Scheduled to begin in September, this project will link the Tohpati Intersection in Sanur with the Udayana University Intersection in Jimbaran, targeting one of the most congested routes on the island. Traffic congestion in Bali, particularly in its southern regions, has been a longstanding issue, worsened by the influx of tourists during peak seasons. This congestion disrupts the daily lives of residents and hampers the experience of visitors. To tackle these challenges , local authorities have been planning several infrastructure projects, with the upcoming underpass being a major part of their strategy. Factors Contributing to Traffic Delays Muhammad Sofyan, who leads the Technical Implementation Unit (UPT) P2LLAJ at the Bali Transportation Office, has highlighted the main causes of severe traffic delays at key intersections. The current red light cycle,
Read more

Bali Trip Turns into Nightmare: Australian Girl's Severe Reaction to Black Henna Tattoo

-
Image
An Australian mother is warning others about the potential hazards of black henna tattoos after her nine-year-old daughter suffered a severe allergic reaction, resulting in permanent scarring. Kaitlyn Salter, from Melbourne, shared her distressing experience, hoping to prevent other travelers from facing similar ordeals. The trouble began when Salter’s daughter, Imogen, decided to get a temporary henna tattoo during their visit to Kuta beach . Initially selecting a turtle design, Imogen was later convinced by another artist to change it to a wolf design. The artist began applying the tattoo without providing any warning about the potential risks. Two days later, Imogen’s arm developed painful blisters. Despite immediate treatment with antiseptic cream and subsequent use of antibiotics and antihistamines, her condition worsened significantly. The allergic reaction resulted in a severe scar that required numerous doctor visits and stronger medications upon their return to Melbourne.
Read more