This puts Labuan Bajo in fourth position with the highest investment realization value out of 10 priority tourism destinations.Jakarta (ANTARA) - The total investment in Labuan Bajo in the first quarter of 2024 reached nearly Rp570 billion (US$36.9 million), and it is expected to increase with the development of supporting access in the area.
Tourism and Creative Economy Minister Sandiaga Salahuddin Uno made the remarks in a statement released on Tuesday.
Since 2020, Labuan Bajo, as a super-priority tourism destination, has recorded significant investment inflows, especially for infrastructure and tourism development.
"This puts Labuan Bajo in fourth position with the highest investment realization value out of 10 priority tourism destinations," Uno informed.
In 2023, the total investment realization in Labuan Bajo stood at Rp5.2 trillion. Based on the figure, the tourism sector was one of the largest contributors among the 15 investment sectors in East Nusa Tenggara.
In the near future, Uno said, Air Asia airline will operate additional international flights on the Kuala Lumpur-Labuan Bajo route.
Other international flight routes, for instance, from Australia and Singapore, are expected to follow.
"This achievement proves that NTT is increasingly pursuing economic growth that contributes to state and regional revenues as well as the creation of wider employment opportunities," Uno said.
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Translator: Sinta Ambarwati , Yashinta Difa
Editor: Azis Kurmala
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