The Situbondo Regency Government is offering a minimum investment\nopportunity of Rp40 billion to develop the Pasir Putih Marine Tourism\narea through a Utilisation Cooperation scheme, as announced on Tuesday,\n11 August 2026. The regional tourism development initiative is designed\nfor a 30-year period. In the first five years, investors are required to\ncommit a minimum capital of Rp40 billion, while the total asset value of\nthe area, including land and buildings, is estimated at Rp143.5\nbillion.<\/p>\n
Situbondo Regent Yusuf Rio Wahyu Prayogo explained that private\nsector involvement is needed to optimise the quality of destination\nmanagement without altering the area\u2019s well-established identity. \u2018The\nbrand remains Pasir Putih. The name Pasir Putih is legendary and does\nnot need to be changed. What we are doing is giving it a new look, new\nquality, and a new experience for tourists through more professional\nmanagement,\u2019 said Regent Yusuf Rio Wahyu Prayogo.<\/p>\n
The Situbondo Regency Government projects that Pasir Putih Beach will\nbe connected within the East Java to Bali tourism ecosystem, including\nroutes through Bromo, Besuki, Argopuro, Ijen, and Baluran. This\nconnectivity will be supported by toll road infrastructure, Jangkar\nPort, KHR As\u2019ad Syamsul Arifin Airport, and plans to reactivate the\nrailway line. \u2018We do not see Pasir Putih as a standalone destination.\nPasir Putih will become part of the tourism ecosystem and regional\nconnectivity,\u2019 Yusuf Rio Wahyu Prayogo stated.<\/p>\n
Head of the Situbondo Tourism, Youth and Sports Agency Edy Wiyono\nrevealed that the total development area reaches 18.4 hectares, of which\n15.4 hectares is designated as a tourism zone. Available assets include\nHotel Sidomuncul 1, Hotel Sidomuncul 2, Papin In, and Wisda Rengganis.\nThe Utilisation Cooperation scheme stipulates a fixed contribution\nobligation to the regional government of at least Rp1.5 billion per\nyear, in addition to a revenue-sharing arrangement with a 51 percent\nportion for the regency government and 49 percent for the investor.\n\u2018Investors gain space to develop and profit from the businesses built,\nwhile the regional government receives a fixed contribution, profit\nsharing, and broader economic benefits for the community,\u2019 said Edy\nWiyono.<\/p>\n
Head of the Situbondo Investment Acceleration Special Team Riza\nRachman noted that approximately seven to ten prospective investors from\nthe hospitality and amusement park sectors have already initiated\npreliminary communications. The opportunity remains open to state-owned\nenterprises, regionally-owned enterprises, and national private\ncompanies. \u2018We are not just looking for investors who can inject\ncapital, but partners with a long-term vision to build the destination,\u2019\nsaid Riza Rachman. The development of the Pasir Putih area is targeted\nto increase Regional Original Revenue, extend tourist length of stay,\nand stimulate the MSME, transportation, and culinary sectors in\nSitubondo.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/situbondo-opens-rp40-billion-investment-opportunity-for-pasir-putih-tourism-1786495819", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }