The growth in the Indonesian tourism industry may proliferate lately, as the government is ambitious to be a world-class sustainable tourist destination not only about the number of tourists but also with the investment. Bali is still the number one destination for foreigners to invest in the Tourism Industry, including Property Tourism Investment in Indonesia.
Gaffar & Co. Law Firm have successfully assisted Client in establishing a Property Tourism Investment in Bali (Commercial Villas) worth IDR 10 Billion. We advised and assisted our Client implements their business operation covering property, corporate, employment and environmental law issues.
Our Associate Lawyer Kristalia Andiani Puteri who’s involved in this project said “Our focus in establishing Property Tourism Investment is not only on the business side but also from the legal compliance like spatial planning, environmental law, health and safety standards,” Kristalia said; “So that, it is clear that many factors are influencing the development of the tourism investment, which need attention to the supporting role”. Indonesia’s tourism sector has contributed to the country’s economy, and the Indonesian government is still looking for direct investment as all we know Indonesia has a lot of great tourism potential. Therefore, it needs major investment in infrastructure, including Property Tourism Investment.