Australian Investors Offer Opportunities in Mandalika & Labuan Bajo

Australian Investors Offered Opportunities in Mandalika And Labuan Bajo
Indonesia investment
Labuan Bajo, image by Rina Agtiana on Pixabay.

Indonesia’s Investment Coordinating Board (BKPM) wasted no time offering Australian investors opportunities to invest in Lombok’s Mandalika and Labuan Bajo in Flores.

Head of BKPM, Bahlil Lahadalia, part of Jokowi’s delegation to Canberra for the formal ratification of the IA-CEPA, used the occasion to meet with Simon Birmingham, Minister for Australia’s Trade, Tourism and Investment.

Pushing priority destinations

According to The Jakarta Post, Bahlil said, “there are so many Australian tourists coming to Bali. We expect Australian businesspeople to develop the two areas so that the tourists are not only coming to Bali but also to Mandalika and Labuan Bajo.

Both Mandalika in Southwest Lombok and Labuan Bajo, the gateway to Komodo National Park in Flores, have been identified as priority destinations within the government’s ’10 New Balis’ initiative.

And both offer significant investment opportunities.

MotoGP 2021 in Lombok

Last year, the Indonesian Tourism Development Corporation (ITDC) signed an agreement with Dorna Sports for Mandalika to host the 2021 MotoGP, the world’s first street circuit event.

This, together with nearby Zainuddin Abdul Madjid International Airport, being recognized as AirAsia’s newest hub are huge boosts to Lombok’s tourism industry.

Labuan Bajo went one step further.

Changi Airport International in Labuan Bajo

In December last year, the government announced it had come to an agreement with a consortium, which included Changi Airport International, to operate and manage Komodo Airport on a 25-year concession.

That’s the same group who manage Singapore’s Changi Airport and just last week Transportation Minister Budi Karya Sumadi, announced the airport would become international this June, that’s a year ahead of schedule.

Investing beyond tourism

Investment however, goes beyond tourism. The Jakarta Post is reporting Bahlil also offered education and medical opportunities as he “envisioned Australia cooperating with Indonesia to build high-quality educational institutions and/ or vocational schools.” The same report suggests Birmingham’s response was positive in that Australia was interested in developing supporting infrastructure.

Sources: The Jakarta Post, Jakarta Globe, Antara news, Gapura Bali

#IndonesiaAustralia #AustraliaIndonesia #InvestIndonesia #Mandalika #LabuanBajo #BKPM #ITDC #Komodo #MotoGPLombok #10NewBalis #CEPA #IndonesiaInvestment

Latest Article
Indonesia to Host International Lion Dance Competition
At least 550 athletes from 10 countries are expected to take part in the first international lion dance...
Minister: Longest Elevated Railway on Track for September
Indonesia’s Transportation Minister, Budi Karya Sumadi, said in a statement on Saturday (13/4/24,) that...
Ministry: Eid al-Fitr to Fall on April 10
According to reports from Tempo and Antara News, Indonesia’s Ministry of Religious Affairs has announced...
Minister: Pope Francis to Visit Indonesia in September
Indonesia’s Minister of Religious Affairs, Yaqut Cholil Qoumas, announced on Sunday (31/3/24,) that Pope...
Indonesia Explores Opportunities to Host 2036 Olympics
According to reporting from Tempo, Raja Sapta Oktohari, Chairperson of The National Olympic Committee...

Andrzej Barski

Director of Seven Stones Indonesia

Andrzej is Co-owner/ Founder and Director of Seven Stones Indonesia. He was born in the UK to Polish parents and has been living in Indonesia for more than 33-years. He is a skilled writer, trainer and marketer with a deep understanding of Indonesia and its many cultures after spending many years travelling across the archipelago from North Sumatra to Irian Jaya.

His experience covers Marketing, Branding, Advertising, Publishing, Real Estate and Training for 5-Star Hotels and Resorts in Bali and Jakarta, which has given him a passion for the customer experience. He’s a published author and a regular contributor to local and regional publications. His interests include conservation, eco-conscious initiatives, spirituality and motorcycles. Andrzej speaks English and Indonesian.

Terje H. Nilsen

Director of Seven Stones Indonesia

Terje is from Norway and has been living in Indonesia for over 20-years. He first came to Indonesia as a child and after earning his degree in Business Administration from the University of Agder in Norway, he moved to Indonesia in 1993, where he has worked in leading positions in education and the fitness/ wellness industries all over Indonesia including Jakarta, Banjarmasin, Medan and Bali.

He was Co-owner and CEO of the Paradise Property Group for 10-years and led the company to great success. He is now Co-owner/ Founder and Director of Seven Stones Indonesia offering market entry services for foreign investors, legal advice, sourcing of investments and in particular real estate investments. He has a soft spot for eco-friendly and socially sustainable projects and investments, while his personal business strengths are in property law, tourism trends, macroeconomics, Indonesian government and regulations. His personal interests are in sport, adventure, history and spiritual experiences.

Terje’s leadership, drive and knowledge are recognised across many industries and his unrivalled network of high level contacts in government and business spans the globe. He believes you do good and do well but always in that order. Terje speaks English, Indonesian and Norwegian.

Contact Our Consultants

[wpforms id=”43785″]

Ridwan Jasin Zachrie

CFO of Seven Stones Indonesia, Jakarta

Ridwan is one of Indonesia’s top executives with a long and illustrious career in the financial world. He holds several professional certifications including being a Certified Business Valuer (CBV) issued by the Australian Academy of Finance and Management; Broker-Dealer Representative (WPPE); and The Directorship Certification for Directors and Commissioners, issued by the Indonesian Institute of Commissioners and Directors.

His experience includes being the Managing Director at one of the top investment banking groups in the region, the Recapital Group, the CFO at State-owned enterprises in fishery industry and the CEO at Tanri Abeng & Son Holding. He’s also been an Independent Commissioner in several Financial Service companies and on the Audit and Risk Committee at Bank BTPN Tbk, Berau Coal Energy Tbk, Aetra Air Jakarta as well as working for Citibank, Bank Mandiri and HSBC. His last position was as CFO at PT Citra Putra Mandiri – OSO Group.

Ridwan has won a number of prestigious awards including the Best CFO Awards 2019 (Institute of Certified Management Accountant Australia-Indonesia); Asia Pacific Young Business Leader awarded by Asia 21 Network New York USA (Tokyo 2008); UK Alumni Business Awards 2008 awarded by the British Council; and The Most Inspiring Human Resources Practitioners’ version of Human Capital Magazine 2010.

He’s a member of the Board of Trustees of the Alumni Association of the Faculty of Law, Trisakti University, Co-Founder of the Paramadina Public Policy Institute and actively writes books, publications and articles in the mass media. He co-authored “Korupsi Mengorupsi Indonesia” in 2009, which helps those with an interest in understanding governance in Indonesia and the critical issue of corruption. Ridwan speaks Indonesian and English.

Per Fredrik Ecker

Managing Director of Seven Stones Indonesia, Jakarta

Per is the Managing Director of the Seven Stones Indonesia (SSI) Jakarta office and has more than 25-years’ experience in Indonesia, China, and Western Europe. He previously worked in senior management positions with Q-Free ASA, Siemens AG, and other companies in the telecom sector. Over the last six years, he has been the Chairman of the Indonesia-Norway Business Council (INBC) and recently become elected to be on the board of EuroCham Indonesia.

His most recent experience is within Intelligent Transport Solutions (ITS), Telecom, and other sectors within the Indonesian market. He is today through his position in SSI and by representing Norway Connect, promoting Nordic and European companies that would like to explore business opportunities in the Indonesian market. He’s also playing an active role to help create the Nordic House concept in Jakarta that will provide an excellent platform for Nordic companies entering Indonesia, where they’ll find a community that can offer support with trusted information and affordable services to enter this market.