Housing-Estate.com, Jakarta – The potential of the property market is promising to make investors from the region eyeing Indonesia. Following investor from Singapore, China, and Hong Kong, is now South Korea (ROK) is also interested in developing property projects in Indonesia. The areas targeted Tangerang and Bali.
Tanjung Lesung
According to the Head of the Investment Coordinating Board (BKPM) Thomas Lembong, investastor South Korea will develop residential projects and retail complex such as shopping malls, duty free shop, retail malls, and movie theaters.
“It’s his impact will be huge for the Indonesian economy. The government will direct foreign investment to develop the local economy, the tourism sector will be encouraged for the development of hotels and resorts. Incidentally Banten and Bali became part of the 10 tourist destinations priority of the government, “he said while speaking at the Indonesia Investment Promotion Center in Seol, South Korea, last weekend.
Based on data of foreign investment from January to September, 2016 South Korea was ranked -8 with an investment of 743 million dollars which includes 1,944 projects. South Korean investment is accounted for 3.5 percent of total foreign investment in the period. Investment ginseng it shows an upward trend, the same period in 2015 the investment value Rp453,4 trillion, an increase of 13.4 percent. Workers absorbed as many as 960 041 people.
Thomas states the tourism sector with huge potential to boost the national strong economy. He gave Chinese travelers coming to Manado rose from 12 thousand people per year to 12 thousand people per month after it opened-Manado flights low cost China. “This increases the need for hotel, resort, leisure, entertainment, and other property sectors. So the government boost development and developing new metropolitan cities as the red carpet for foreign investment, “he concluded.
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