We presented new destinations, besides, of course, Bali, as investment offers with a target of between US$6 billion to US$8 billion until 2024
Badung, Bali (ANTARA) - Tourism and Creative Economy Minister Sandiaga Salahuddin Uno has expressed the hope that the 2023 International Tourism Investment Forum (ITIF) will increase domestic and foreign investment in green tourism, which prioritizes the sustainability principle.

The ITIF is being held on July 26 and 27 in Badung, Bali.

"Today, the International Tourism Investment Forum is being held for the first time and we will focus on green tourism, sustainable tourism," he told the press here on Wednesday.

Uno welcomed the ITIF implementation and said he hoped it will become an annual event and a form of Indonesia's commitment to creating sustainable national tourism. The forum is part of Indonesia's efforts to contribute actively to sustainable tourism development globally.

Indonesia's active role is also expected to help expand national tourism promotion and bring more significant benefits for the national economy.

For Indonesia, the meeting is expected to support the job creation target that it has set in several priority tourist destinations.

"We are hoping the new-era tourism, apart from having higher quality and being more sustainable, would also create a large (number of) jobs with a target of 4.4 million new jobs in 2024," the minister said.

According to him, 355 investors are attending the event where 12 tourism businesses have been presented.

"We presented new destinations, besides, of course, Bali, as investment offers with a target of between US$6 billion to US$8 billion until 2024," he informed.

This is in accordance with the directive of President Joko Widodo to improve the economy and create 4.4 million quality jobs in 2024, he said.

The event, which is themed "Embracing Tourism Investment Opportunity: Green and Sustainable Investment," aims to create a shared understanding of green investment, especially in the tourism sector.

The 2023 ITIF has been organized in collaboration with several parties, such as the Indonesian Chamber of Commerce and Industry (Kadin), UNWTO, and International Finance Corporation (IFC), with support from UNDP, Bank Indonesia, and state-run airport operator PT Angkasa Pura.

The event is being attended by policy makers, representatives from central and regional governments, investors, and project owners.

The ITIF is expected to become a platform for discussion that connects relevant stakeholders and highlights opportunities and challenges in the implementation of green investment to encourage the development of sustainable tourism globally, especially in Indonesia.

The event is also showcasing investment opportunities in tourism areas/projects to accelerate investment and financing support for their development.

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Translator: Rolandus Nampu, Raka Adji
Editor: Sri Haryati
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