Bali Investment Realisation Reaches Rp36.5 Trillion in 2024, Exceeding Target by 225%
DENPASAR – Investment realisation reaching Rp36.5 trillion in 2024 has had a positive impact on Bali's economy. The figure represented growth of 225% above the government's investment target of Rp16.23 trillion.
Deputy Representative of Bank Indonesia for Bali Province, Butet Linda, explained that the high level of investment helped drive Bali's economic growth to 5.48% in 2024. Investment performance in Bali, encompassing both Foreign Direct Investment (PMA) and Domestic Direct Investment (PMDN), grew strongly throughout 2024. PMA grew 99.60% in 2024, whilst PMDN grew 77.14%.
"Every 1% growth in FDI contributes to a 0.57% increase in employment. Meanwhile, every 1% increase in domestic investment contributes to a 0.97% increase in employment," said Butet on the sidelines of the Road to Bali Jagadhita event, quoted on Friday (9 May 2025).
Investment in Bali remains concentrated in the Sarbagita area, with 51.74% located in Badung Regency, followed by 19.72% in Denpasar City, 11.76% in Gianyar Regency, 9.34% in Buleleng Regency, 3.73% in Tabanan Regency, 1.57% in Karangasem Regency, and 1.09% in Jembrana Regency. Klungkung Regency accounted for just 0.77%, and Bangli only 0.27%.
Looking at the investment distribution, only Buleleng Regency outside the Sarbagita area recorded a reasonably high level of investment realisation. The government still faces the challenge of distributing investment more evenly beyond Sarbagita, particularly to western and eastern Bali.
To achieve the investment target of Rp45.62 trillion in 2025, Bank Indonesia and the Bali Provincial Government have established the Kerthi Bali Sadhana Investment Centre (PIKBS). Butet explained that PIKBS was formed to synchronise the work programmes of agencies and institutions in Bali for the promotion of investment, trade and tourism, through Bali Governor's Decree No. 571/04-A/HK/2023.
PIKBS was established because information on investment, trade and tourism potential across individual regencies and cities had not previously been integrated or adequately publicised. Investment, trade and tourism promotional activities between regencies and cities had not been conducted in a coordinated manner, and there was no coordination mechanism for monitoring and following up on the results of such promotional activities.
PIKBS has produced several clean and clear investment projects for 2024, including the Sangsit Port project, Taman Kerthi Bali, the Jembrana integrated industrial zone, Central Park Ubud, and the Sanur Special Economic Zone (KEK).
Bank Indonesia has also been actively promoting Bali's investment potential through Bali Jagadhita. "Bali Jagadhita VI, to be held in June 2025 as BI Bali's signature front-end event, integrates the promotion of trade, tourism and investment to drive strong, sustainable and inclusive economic growth in Bali," said Butet.
Deputy Representative of Bank Indonesia for Bali Province, Butet Linda, explained that the high level of investment helped drive Bali's economic growth to 5.48% in 2024. Investment performance in Bali, encompassing both Foreign Direct Investment (PMA) and Domestic Direct Investment (PMDN), grew strongly throughout 2024. PMA grew 99.60% in 2024, whilst PMDN grew 77.14%.
"Every 1% growth in FDI contributes to a 0.57% increase in employment. Meanwhile, every 1% increase in domestic investment contributes to a 0.97% increase in employment," said Butet on the sidelines of the Road to Bali Jagadhita event, quoted on Friday (9 May 2025).
Investment in Bali remains concentrated in the Sarbagita area, with 51.74% located in Badung Regency, followed by 19.72% in Denpasar City, 11.76% in Gianyar Regency, 9.34% in Buleleng Regency, 3.73% in Tabanan Regency, 1.57% in Karangasem Regency, and 1.09% in Jembrana Regency. Klungkung Regency accounted for just 0.77%, and Bangli only 0.27%.
Looking at the investment distribution, only Buleleng Regency outside the Sarbagita area recorded a reasonably high level of investment realisation. The government still faces the challenge of distributing investment more evenly beyond Sarbagita, particularly to western and eastern Bali.
To achieve the investment target of Rp45.62 trillion in 2025, Bank Indonesia and the Bali Provincial Government have established the Kerthi Bali Sadhana Investment Centre (PIKBS). Butet explained that PIKBS was formed to synchronise the work programmes of agencies and institutions in Bali for the promotion of investment, trade and tourism, through Bali Governor's Decree No. 571/04-A/HK/2023.
PIKBS was established because information on investment, trade and tourism potential across individual regencies and cities had not previously been integrated or adequately publicised. Investment, trade and tourism promotional activities between regencies and cities had not been conducted in a coordinated manner, and there was no coordination mechanism for monitoring and following up on the results of such promotional activities.
PIKBS has produced several clean and clear investment projects for 2024, including the Sangsit Port project, Taman Kerthi Bali, the Jembrana integrated industrial zone, Central Park Ubud, and the Sanur Special Economic Zone (KEK).
Bank Indonesia has also been actively promoting Bali's investment potential through Bali Jagadhita. "Bali Jagadhita VI, to be held in June 2025 as BI Bali's signature front-end event, integrates the promotion of trade, tourism and investment to drive strong, sustainable and inclusive economic growth in Bali," said Butet.