Close
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 · Tourism Investors Bullish on Indonesia
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
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Tourism Investors Bullish on Indonesia

New Hotel Projects Cited as Proof that Tourism Headed for Full Recovery in 2005.


Bali News: Tourism Investors Bullish on Indonesia
Click Image to Enlarge

(4/12/2004)

Foreign and domestic investments in new Indonesian hotel and convention centers are being viewed by the Government as evidence that tourism business players feel certain that their sector of the economy will fully recover by 2005.

Mr. Udin Saefuddin, Deputy Director of Marketing for the Ministry of Culture and Tourism, recently revealed that as many as seven new properties will commence operations in Indonesia by next year. "The quantity of property development now underway shows the confidence investors have in recovery of the tourism sector. They (the investors) are investing their funds after careful calculations," said Mr. Saefuddin.

According to the Ministry of Culture and Tourism, as many as seven hotel projects are being built, with the largest number located in Bali. In Bali there is the US$ 60 million Conrad Resort; the luxury boutique Bulgari Hotel; and Caddy Villas. The Nation's capital, Jakarta, is the site of a new hotel-shopping center operated by Ritz Carlton located across from the Marriot. In Bangka Belitung, a 600-room hotel is being constructed, while in Kalimantan an Australian investor is constructing the Kalimantan Meeting Center. In Batam, ten Indonesian provinces from the island of Sumatra are joing forces to create the Sumatra Promotion Center intended to promote economic development on their nearby island.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.


 
UBUD WRITERS & READERS FESTIVAL
 
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
Bali Training the World’s Green Leaders
UN Secretary Ban Ki-Moon Visits Bali’s Green School and Praises it Revolutionary Commitment to Sustainability
(8/30/2014)
Walk a Mile in Their Shoes
Macbeth Footwear Teams Up with Solemen to Donate Shoes for the Poor
(8/30/2014)
Gypsy at the Wheel
Widespread Violation of Laws on Taxi Meter Use Damaging the Reputation of Bali as a Tourism Destination
(8/30/2014)
It's a Jungle Out There
Denpasar Zoning and Building Authorities Falling Miserably in the Enforcement of the Law
(8/30/2014)
Tough Rules for Hotel Permits in Kuta, Bali
Bali Stops Hotels on Postage Stamp Pieces of Land in Kuta
(8/29/2014)
A Park for Pedestrians
Pedestrian Underpass at Ngurah Rai Monument at Bali Airport Set to Open in Early 2015
(8/29/2014)
A Park for Pedestrians
Pedestrian Underpass at Ngurah Rai Monument at Bali Airport Set to Open in Early 2015
(8/29/2014)
We've Got Rhythm!
Bali's Famous and Inspiring Kecak Dance Has a Rich and Varied History
(8/29/2014)
In Style and Safety to Gili Trawangan
Bounty Cruises Mounts Luxury Daily Departures from Bali to Gili Trawangan
(8/29/2014)
In Style and Safety to Gili Trawangan
Bounty Cruises Mounts Luxury Daily Departures from Bali to Gili Trawangan
(8/29/2014)
In Urgent Need of Connections
PLTU Celukan Bawang Aiming to Start Producing Electrical Power for Bali in December 2014 - a Year Behind Schedule
(8/29/2014)
The Stark Truth About Drinking Beer
Stark Beer - a World Class Beer Produced in a Modern Brewery on Bali's North Coast
(8/29/2014)
All [News]!
 
Tourism and Transport Tourism Agents