Sandiaga Uno Targets Investment From America In The Tourism And Creative Economy Sector To Reach 6 Billion US Dollars

JAKARTA - Minister of Tourism and Creative Economy (Menparekraf) Sandiaga Uno targets investment from the United States (US) for the tourism and creative sector (parekraf) to reach US $ 5-6 billion for the next 5 years.

"Our target figure is being tabulated again, but, right, the investment target for this parekraf is 5-6 billion US dollars for the next 3-5 years, where the focus now is on sustainable investment," said Menparekraf Sandiaga after being met at the US-Indonesia Investment Summit 2023 event at the Mandarin Orental Hotel Jakarta, Tuesday, October 24.

Sandi said that many US investors are interested in investing in the hotel sector.

"Indeed, many companies from the US (are interested in investing) in the hotel and hospitality sectors," he said.

According to Sandi, the Indonesian government is focusing on green investment, so there are three things that need to be considered regarding investment in the hotel sector.

"So, investment in this hotel is one investment using new and renewable energy (EBT), the second is waste management including food loss and food waste, and the third is the use of water that is more environmentally friendly," he said.

He assessed that by focusing on these three things, the Indonesian tourism sector will be of higher quality and sustainable in the future.

"This investment is associated with the issuance of financial instruments that are green-minded or green-financing. Well, we will continue to encourage this to achieve quality and sustainable tourism targets," he concluded.