Investments Begin to Flow into Labuan Bajo

Translator

Editor

Kamis, 1 Januari 1970 07:00 WIB

The Komodo National Park at the Rinca Island, Labuan Bajo, East Nusa Tenggara, Indonesia, October 13, 2015. TEMPO/Frannoto

TEMPO.CO, Jakarta - Regent of Manggarai Barat, Agustinus Ch Dula, said investment climate is conducive in the district as indicated by investment beginning to flow into Labuan Bajo.


Labuan Bajo is a port town in the western end of the island of Flores and the main access to Komodo island, the habitat of the rare ancient dragon, Komodo, which is not found in other places in the world.


"Investments begin to flow into Labuan Bajo. We are thankful for the government support in drawing investments in this area," Agustinus Ch Dula said via telephone on Wednesday.


The regent said various investment projects such as international standard hotels are being built in Labuan Bajo.


A Marina port is also being built to be completed in 2019 for tourist boats, which are getting more frequent visiting the port town carrying tourist to the Komodo island, one of world`s wonders.


An international airport is also expected to be built in Labuan Bajo to facilitate foreign tourist visiting the Komodo National Park.


The regent said a new port with container terminal will also be soon built in the sub-district of Macan Pacar in Labuan Bajo.


"There are also smaller projects such as garbage recycling plant, garbage disposal plant, clean water facility, roads, and other public facilities," he said.


Agustinus said Labuan Bajo has become a world known tourist destination and has always been crowded with foreign and domestic visitors.


Labuan Bajo still needs a lot more facilities and infrastructure, but he said, he was optimistic the inflow of investment would soon bring modernity to the city.


ANTARA




Related News

Indonesia Discusses Sport Infrastructure Investment with UAE

1 jam lalu

Indonesia Discusses Sport Infrastructure Investment with UAE

Indonesia's Youth and Sports Minister discussed opportunities for investment in the development of sports infrastructures with the UAE.

Read More

Transportation Minister Offers MRT Jakarta's TOD Project Investment to Japanese Stakeholders

3 hari lalu

Transportation Minister Offers MRT Jakarta's TOD Project Investment to Japanese Stakeholders

Indonesian government is ready upon request to facilitate investment in the construction of TOD along the MRT Jakarta route.

Read More

Indonesia, Vietnam Target Bilateral Trade of US$18 billion by 2028

3 hari lalu

Indonesia, Vietnam Target Bilateral Trade of US$18 billion by 2028

Indonesia, and Vietnam have agreed to target bilateral trade worth US$18 billion or more by 2028.

Read More

Indonesia Highlights Carbon Emission Reduction at Hannover Messe 2024

3 hari lalu

Indonesia Highlights Carbon Emission Reduction at Hannover Messe 2024

The Industry Ministry discussed strategic measures to curtail carbon emissions in the industrial sector at Hannover Messe 2024 in Germany.

Read More

Indonesia Urges European Union to Enhance Fair, Equal, and Mutually Beneficial Partnerships

4 hari lalu

Indonesia Urges European Union to Enhance Fair, Equal, and Mutually Beneficial Partnerships

European Union has become Indonesia's 5th largest trading partner.

Read More

Indonesian Top Minister Reveals Apple's Huge Investment Plan in IKN, Bali, and Solo

9 hari lalu

Indonesian Top Minister Reveals Apple's Huge Investment Plan in IKN, Bali, and Solo

Indonesian Coordinating Minister revealed tech giant Apple's plans for a major investment in the country.

Read More

Microsoft to Invest Rp14 Trillion in Indonesia, Says Kominfo DG

10 hari lalu

Microsoft to Invest Rp14 Trillion in Indonesia, Says Kominfo DG

Global tech giant Microsoft planned to establish a data center in Indonesia with a whopping investment value of Rp14 trillion.

Read More

Jokowi, Tony Blair Talk of Investment in IKN Solar Panel, Digitalization

10 hari lalu

Jokowi, Tony Blair Talk of Investment in IKN Solar Panel, Digitalization

Indonesian President Joko Widodo or Jokowi welcomed the visit of former British Prime Minister Tony Blair at the Jakarta Presidential Palace today.

Read More

Microsoft CEO Satya Nadella to Meet with Jokowi in Late April

11 hari lalu

Microsoft CEO Satya Nadella to Meet with Jokowi in Late April

Microsoft CEO Satya Nadella will meet with Indonesian President Joko Widodo or Jokowi on April 30, as confirmed by the Indonesian Minister.

Read More

Apple Looking at Manufacturing in Indonesia, CEO Tim Cook Says

11 hari lalu

Apple Looking at Manufacturing in Indonesia, CEO Tim Cook Says

Apple's Chief Executive Officer Tim Cook stated that the company is exploring the possibility of constructing a manufacturing facility in Indonesia.

Read More