Visa-free policy hoped to bring 25 billion USD to Indonesia's tourism industry

Indonesia's tourism sector could potentially generate up to 25 billion USD in additional revenue through the implementation of a visa-free entry policy for foreigners, according to Indonesian Minister of Tourism and Creative Economy Sandiaga Uno.

Friday, January 05, 2024 09:45

Jakarta (VNA) - Indonesia's tourism sector could potentially generate up to 25billion USD in additional revenue through the implementation of a visa-free entry policy for foreigners, according to Indonesian Minister of Tourism and Creative EconomySandiaga Uno.

Sandiaga said the Indonesian government intendsto extend this policy to visitors from 20 countries and territories with the objective ofboosting tourist arrivals and driving economic growth via the tourism sector.

This policy excludes nine fellow members of theAssociation of Southeast Asian Nations (ASEAN) which already benefitted from similarprovisions under regional economic integration.

Indonesia targets revenue of 200 trillion IDR (12.9 billion USD) fromthe tourism industry in 2024.

Sandiaga said that each tourist from eligible countries willspend at least 5,000 USD during their stay in Indonesia.

The policy primarily targets countries whosetourists tend to spend more time and money in Indonesia, he added.

In September, the Indonesian Justice Ministryinitiated the implementation of the "golden visa" for internationalvisitors, offering stay permits of up to 10 years based on their investmentamounts in the country./.

VNA

#Indonesia #tourism sector #visa-free entry policy #economic growth #Vietnamplus #Vietnam news #Vietnam News Agency

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