BKPM receives feasibility study of North Bali International Airport

BKPM receives feasibility study of North Bali International Airport

The President Director of PT BIBU Panji Sakti, Erwanto Sad Adiatmoko Hariwibowo, (third from right) explains the planned construction of North Bali International Airport to the Special Staff of the Ministry of Investment / BKPM, M Pradana Indraputra, (second from left) in Jakarta on Friday (January 7, 2022). (ANTARA/Personal Documentation)

Jakarta (ANTARA) - The Ministry of Investment / Investment Coordinating Board (BKPM) has received several documents of feasibility study and business plan from PT BIBU Panji Sakti as the initiator of North Bali International Airport in Buleleng, Bali.

"We are ready to  accelerate the development of the airport  Huge investment is needed  to implement  the project that involves local entrepreneurs and grows MSMEs," Special Staff of BKPM, M Pradana Indraputra, said here on Sunday.

The said documents had already been conveyed to the PT BIBU Panji Sakti President Director, Sad Adiatmoko Hariwibowo, on Friday, (Jan 7, 2022) after an overall meeting about North Bali International Airport was held last November.

Relating to the documents, BKPM has issued a letter that  it welcomes the plan to develop the new Bali airport, which is expected  to bolster the region's economic potential, especially in North Bali.

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BKPM stated that it is ready to coordinate with other ministries/non-ministerial government institutions in facilitating the investment plan, so the project can run well based on existing regulations.

According to the plan, the construction of North Bali International Airport  including aerocity, and aerotropolis  will cost an estimated  Rp50 trillion and create jobs for 200 thousand workers.

The new airport can push tourism, agriculture, fisheries, and MSMEs in Bali's northern area, and close the welfare gap between the northern and  southern parts of Bali.

Earlier, PT BIBU has signed a commitment with state sub-holding China Construction First Group Corp. Ltd (CCFG), which later will be the main contractor in the airport project. CCFG has an excellent record of building huge projects internationally.

North Bali International Airport which will be built in the coastal area of Kubutambahan, Buleleng is one of the National Strategic Projects based on Presidential Decree No. 109 of 2020.
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