Bank Indonesia reported that Bali attracted Foreign Direct Investment (FDI) amounting to USD 710.2 million in the first half of 2024, representing 87% of the total FDI in 2023, which was USD 808.49 million. The surge in foreign investment underscores Bali's continued appeal as a prime destination for global investors. Erwin Soeriadimadja, Head of Bank Indonesia's Bali Representative Office, highlighted the significant potential for foreign investment absorption in Bali, indicating the island's enduring attractiveness. Agustina Dharmayanti, Director of the DPPK at Bank Indonesia, emphasized that a liquid, efficient, transparent, and integrity-driven financial and foreign exchange market is crucial for supporting financial system stability and boosting investment. She noted that the financial market serves as a vital source of economic financing, a medium for monetary and fiscal policy transmission, and a supporter of financial system stability.

The government's support, alongside financial institutions, for sustainable financing through regulatory measures—such as Law No. 4 of 2023 on the Strengthening and Development of the Financial Sector, Bank Indonesia's macroprudential policies related to Loan to Value (LTV) and Green Down Payments, as well as the Green Inclusive Financing Macroprudential Ratio (RPIM)—further bolsters investment potential in Bali. Dodi Miharjana, Chief Commissioner of PT Sarana Bali Dwipa Jaya (SBDJ), shared that one of PT SBDJ's key initiatives is the development of the Bali Urban Rail public transportation service, which aims to enhance transportation connectivity while respecting Bali's environmental and cultural values. The project, structured through investor partnerships, minimizes government risk by preventing legal claims against the government. Bali's high demand for financing strategic economic transformation projects and its global reputation continue to drive its financial market development. The regional government's efforts to foster a conducive investment climate and develop high-quality human resources are expected to contribute positively to Bali's sustainable and inclusive economic growth.

Source: https://bali.bisnis.com/read/20240827/538/1794447/investasi-asing-ke-bali-mencapai-us7102-juta