A company in Indonesia has extended an invitation to foreign investors and tourism players to build a ‘Bali’ near Jakarta.
International tourism developers have been invited to help build a “new Bali” not far from the capital of Indonesia, TTG Asia reports.
The offer to help construct hotels, attractions and other infrastructure in Tanjung Lesung, Banten Province, about 180 kilometres from Jakarta, has been extended by the industrial estate developer Jababeka.
Tanjung Lesung comprises an area of around 1,500 hectares and was accorded Special Economic Zone status by President Joko Widodo in 2015.
This status allowed foreign investors to own property with perks such as reduced income tax, no import tax, suspension of import duty, and no VAT or luxury goods tax.
The area is also permitted to give permanent residence to elderly foreigners or foreigners who invest or buy property at a certain value.
Of ten designated New Bali areas chosen by Indonesia’s ministry of tourism, Tanjung Lesung is the closest to Jakarta and already boasts natural and cultural attractions such as offshore Mount Krakatoa caldera, Ujung Kulon National Park and the traditional village of Baduy.
Development is underway, as the developer has prepared Salakanagara Airport to be compatible for ATR42 aircraft, together with a flight school expected to groom prospective local and foreign pilots.
The government is also building a toll highway between Serang and Panimbang that will shorten travel times from Jakarta to less than two hours.
With help from foreign investors and support from the Indonesian government, Tanjung Lesung will have the potential to become an area like Nusa Dua in Bali, says Poernomo Siswoprasetijo, chief executive of the Jababeka subsidiary Banten West Java, which has been given the responsibility to develop the area.