Quarter I, Bali coveted 25 Investors

Plan investment revenue during the first quarter of 2011 in Bali reached 25 projects consisting of foreign direct investment (FDI) and domestic investment (PMDN) valued at USD 340,309,706. This investment is supported by the tertiary sector dominated foreign investment, including construction, Sale and repair, hotels and restaurants.

Head of Investment Research (PPM) of Bali Province, Suta Astawa, said the realization of the investment plan includes 24 new projects and 1 widening project. Meanwhile, investment growth target for 2011 reached Rp 15.79 trillion in domestic and foreign, to reach Rp 4 trillion. The number is up from the period 2010 target at $ 12, 9 trillion with the realization of domestic and foreign, to reach Rp 3.1 trillion.

''Tertiary sector, especially in the field of tourism remain a prima donna even reached 82 percent, agriculture is less than 1 percent and the remaining industrial sector,''said Astawa in Denpasar, on Tuesday (19 / 4) yesterday.

According to him, the area that many investors are targeted Badung, Gianyar, Karangasem, and the city of Denpasar, compared Bangli, Buleleng, Jembrana, Tabanan and Kelungkung. Investors who will invest in Bali came from the United States, Australia, Holland, Germany, Canada, South Korea and France.

It is said, the BPM continually seeks to promote investment in agriculture in Bali. However, it has not been able to attract investors who are more interested to invest in leading sectors of Bali. Investors prefer to invest in agriculture in Sulawesi or Kalimantan.

Investments in tourism''has been quite a lot in Bali. But we can not prohibit the investors in the tourism field as long as follow the rules,''he said.

Bali require temporary moratorium to stop development in the three districts namely Badung, Gianyar and Denpasar. Until now carrying 45,557 hotel rooms scattered in Bali, while 85 percent is concentrated in western Bali.

Lecturer Faculty of Economics Faculty, Udayana University, Prof. Dr. I Made Twin Sri Budhi, MP previously said, the impact of FDI will lead to multiplier effects, including increased employment opportunities, increase the ability of public spending and increasing demand in the domestic market.

Bali absolute need of investment in improving the macro economy. ''Only the government should sort out any investment permit issued does not hurt. such as the environment,''he said.

According to him, in theory, investment is very important as the main motor of development and long-term economic growth. For, without investing long-term economic growth can not be achieved. (Par) Source BPS Bali

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