Thursday, August 22, 2024 Indonesia launches the Indonesia Tourism Investor Club (ITIC) to enhance collaboration among investors, policymakers, and authorities, boosting tourism sector communication. Indonesia has unveiled a strategic initiative to bolster communication and collaboration among investors, policymakers, and local authorities with the launch of the Indonesia Tourism Investor Club (ITIC). This new platform is set to play a pivotal role in connecting key stakeholders within the country’s tourism sector.
The ITIC was established following insights and recommendations gathered from the Indonesia Tourism Investment Forum (ITIF). It aims to serve as a proactive and regularly updated communication hub, ensuring that the diverse needs and perspectives of stakeholders are effectively addressed. The timing of ITIC’s launch aligns with a significant surge in tourism investments in Indonesia, which totaled approximately US$1.
58 billion in the first half of 2024. Foreign investors, particularly from Singapore, India, and Australia, contributed 61 percent of this investment, underscoring the growing international interest in Indonesia’s tourism potential. Teguh Anantawikrama, the visionary behind ITIC, emphasized the Club’s role in providing members with timely access to market insights, emerging investment trends, and strategic opportunities.
This initiative aims to keep stakeholders well-informed and connected, fostering a more cohesive and dynamic tourism industry .