Tourism foreign exchange value reached US$10.46 billion
This article has been translated by PwC Indonesia as part of our Indonesia Infrastructure News Service. PwC Indonesia has not checked the accuracy of, and accepts no responsibility for the content.
Investor Daily - Nilai devisa pariwisata capai US$10,46 miliar
29 November 2023
Jakarta - Tourism and Creative Economy Minister Sandiaga Salahuddin Uno said that tourism foreign exchange value has reached US$10.46 billion. During a work meeting with Regional Representative Council (DPD) Committee III, he added that tourist visits reached 8.51 million visits.
“Tourism foreign exchange value has increased to US$10.46 billion, contributing 3.83% to the gross domestic product (GDP) as of the third quarter of 2023. We have revised the [number of] foreign tourists two times from 7.4 [million] to 8.5 [million], Now, it looks like we will surpass 10 million,” Sandiaga said in Jakarta on Tuesday (28/11/2023).
The Tourism and Creative Economy Minister revealed that the number of foreign tourist visits have surpassed the 7.4 million target. Meanwhile, regarding the travel and tourism development index (TTDI) for 2024, Indonesia is projected to secure a position within the top 30.
To realise the achievement, during the meeting, the Tourism and Creative Economy Minister called for a collaboration with Regional Representative Council Committee III in order to recover the economy and create new jobs in Indonesia. “We hope that the Regional Representative Council can contribute so that the target to create 4.4 million new jobs in 2024 can be realised,” he said.
In response, Regional Representative Council Committee Chair Hasan Basri, who was the chair at the meeting, xpressed his appreciation for the achievements and successful implementation of the Tourism and Creative Economy Ministry’s programs up until the third quarter of 2023. “We are also enhancing the programmes and the budget of the Tourism and Creative Economy Ministry for 2024, including their budget ceiling and strategic projects for 2024 to support regional tourism growth and creative economy in Indonesia,” he stated.
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