President Jokowi Asked Minister to Establish Indonesian Tourism Fund
- Laily Rachev - Biro Pers Sekretariat Presiden
Jakarta – Minister of Tourism and Creative Economy, Sandiaga Uno stated that President Joko Widodo (Jokowi) has asked a direction to establish an Indonesia Tourism Fund.
According to the Minister, the Indonesia tourism fund aims to support the organization of events and to promote Indonesian tourism.
Sandiaga Uno
- tvOne/ Didiet Cordiaz
"The President conveyed directives to establish the Indonesia Tourism Fund that is envisioned as a fund focused on supporting the holding of tourism promotional events and bolstering Indonesia's image in the eyes of the world," Minister Uno said after attending the meeting, in Jakarta, on Monday.
The Minister said that Indonesia has successfully hosted several international events that have positively affected the economy, such as the G20 Summit, the 42nd and 43rd summits of ASEAN, as well as creative economic events revolving around sports, music, art, and culture.
"For instance, the MotoGP event held in October has resulted in economic impacts of over IDR 8 trillion (around US$517 million) while making West Nusa Tenggara the most significant contributor to business circulation in October," Minister Uno remarked.
He further expressed hope that the limited meeting would eventually lead to the issuance of a presidential regulation that would make the tourism fund operational in 2024.
During the meeting, President Jokowi emphasized the need to properly and prudently manage the tourism fund and attract more tourists through creating quality and sustainable tourism, he continued.
Then, Minister Uno revealed that the government is planning to task the Finance Ministry's Education Fund Management Institution (LPDP) with managing the fund, while stakeholders in the tourism sector would be involved in the fund's management.
He informed that the government is aiming to manage IDR 2 trillion during the first year of the Indonesia Tourism Fund's operation.
"We will mindfully pick and propose events to be supported by the Indonesia Tourism Fund," the Minister concluded.
