Indonesian Political, Business & Finance News

Pharmaceutical, Hospital and Creative Economy Sectors Present Major Investment Opportunities in Bali

| Source: GALERT
Denpasar (ANTARA) - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has revealed that the pharmaceutical industry, hospital construction and the creative economy hold significant potential for attracting investment in Bali.

"These are what we will offer so that investors do not only focus on the tertiary sector," said Dedi Latip, Deputy for Investment Planning at the Ministry of Investment and Downstreaming/BKPM, on the sidelines of the opening of the Bali Jagadhita 2025 business and SME exhibition in Denpasar, Bali, on Monday.

Currently, Bali is home to the Health Special Economic Zone (SEZ) in Sanur, Denpasar — the first of its kind in the country — alongside the tourism sector, which remains the largest component of the island's economy.

According to the presentation, investment realisation in Bali in 2024 reached Rp36.5 trillion, comprising Rp24.21 trillion in foreign direct investment (FDI) and Rp12.31 trillion in domestic direct investment (DDI).

During the first quarter of 2025, investment realisation in Bali reached Rp12.26 trillion, of which Rp7.70 trillion was FDI and Rp4.55 trillion was DDI.

Combined FDI and DDI figures show that the tertiary sector continues to dominate investment in Bali. In detail, hotels and restaurants occupy the top position at nearly 30 per cent, followed by housing, industrial estates and offices at 24 per cent. Other services account for 15 per cent, transportation, warehousing and telecommunications for 8.5 per cent, with the remainder in trade and repairs.

"How do we ensure investment is not solely concentrated in hotels and restaurants or other tertiary sectors? We are trying to encourage this by, among other things, inviting foreign investors in the hope that they will support downstreaming and bolster existing industries," he said.

To attract investment, regions need to promote sustainable and environmentally friendly investment in line with current investment demands. To this end, he called for synergy between central and regional governments to facilitate ease of doing business.
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