Bank Indonesia Maps Bali's Investment Potential to Boost Economic Growth
Denpasar (ANTARA) - The Bank Indonesia (BI) Representative Office for Bali Province has been mapping and exploring potential investment profiles that could accelerate economic growth on the Island of the Gods.
"To drive inclusive and sustainable economic growth, the role of investment is crucial," said Deputy Representative of Bank Indonesia Bali Province Butet Linda Panjaitan in Denpasar on Friday.
Together with the Bali Provincial Government through the Kerthi Bali Sadhana Investment Centre (PIKBS), the central bank held a Bali Investment Challenge forum. The investment potential across Bali's nine regencies and municipalities includes infrastructure development and energy, with attendance from regional public enterprises and local government agencies.
According to data from the Bali Province Central Statistics Agency (BPS), Bali's economic growth in 2024 reached 5.48 per cent, a realisation deemed strong by BI. For 2025, the Bali Provincial Government is targeting increased economic growth in the range of 5.5 to 6.5 per cent, which can be supported in part by the investment sector.
In addition to discussing potential investments from all regencies and municipalities in Bali and expanding the promotion of investment projects, the forum also addressed regional infrastructure financing schemes. These schemes include public-private partnerships (KPBU), private sector financing, regional borrowing, central and regional government budgets (APBD/APBN), as well as detailed KPBU schemes as alternative regional financing options.
Meanwhile, according to data from the Investment Coordinating Board (BKPM), Bali ranks among the top 15 investment destinations for both domestic and foreign investment. BKPM recorded that Foreign Direct Investment (PMA) in Bali in 2024 ranked 12th out of 37 provinces in Indonesia, with realisation reaching US$1.61 billion spread across 42,926 projects.
Domestic Direct Investment (PMDN) in Bali ranked 15th out of 38 provinces nationwide, with realisation in 2024 reaching Rp12.31 trillion spread across 12,836 projects. BKPM recorded total FDI and DDI realisation in Bali in 2024 at 14th place nationally, reaching Rp36.5 trillion across 55,762 projects.
"To drive inclusive and sustainable economic growth, the role of investment is crucial," said Deputy Representative of Bank Indonesia Bali Province Butet Linda Panjaitan in Denpasar on Friday.
Together with the Bali Provincial Government through the Kerthi Bali Sadhana Investment Centre (PIKBS), the central bank held a Bali Investment Challenge forum. The investment potential across Bali's nine regencies and municipalities includes infrastructure development and energy, with attendance from regional public enterprises and local government agencies.
According to data from the Bali Province Central Statistics Agency (BPS), Bali's economic growth in 2024 reached 5.48 per cent, a realisation deemed strong by BI. For 2025, the Bali Provincial Government is targeting increased economic growth in the range of 5.5 to 6.5 per cent, which can be supported in part by the investment sector.
In addition to discussing potential investments from all regencies and municipalities in Bali and expanding the promotion of investment projects, the forum also addressed regional infrastructure financing schemes. These schemes include public-private partnerships (KPBU), private sector financing, regional borrowing, central and regional government budgets (APBD/APBN), as well as detailed KPBU schemes as alternative regional financing options.
Meanwhile, according to data from the Investment Coordinating Board (BKPM), Bali ranks among the top 15 investment destinations for both domestic and foreign investment. BKPM recorded that Foreign Direct Investment (PMA) in Bali in 2024 ranked 12th out of 37 provinces in Indonesia, with realisation reaching US$1.61 billion spread across 42,926 projects.
Domestic Direct Investment (PMDN) in Bali ranked 15th out of 38 provinces nationwide, with realisation in 2024 reaching Rp12.31 trillion spread across 12,836 projects. BKPM recorded total FDI and DDI realisation in Bali in 2024 at 14th place nationally, reaching Rp36.5 trillion across 55,762 projects.