The Indonesian government invited American investors to invest in the digital economy and the development of "10 New Balis", a plan that aims to replicate the economic effects of tourism in Bali nationally.
Such an invitation was made during the Indonesia-San Francisco Business Forum 2019 in San Francisco on Wednesday (February 20), which was attended by 50 American businessmen, venture capital companies, technology companies, trade chambers, as well as the local government of the San Francisco Bay Area.
"This business forum was held to bring Indonesia closer to business and society in Northern California. The visit of President Joko Widodo in 2016 to the Silicon Valley reflects Indonesia`s intention to develop a digital economy," acting Consul General of Indonesia at San Francisco Hanggiro Setiabudi said in a written statement on Friday.
Under the theme of "Invest in A Reformed Indonesia: Utilizing Digital Technology in Developing Regional and Tourism Investment Opportunities", the forum aimed to present the latest developments of the Indonesian economy, especially the potential sectors where foreign investors could invest in the digital economy and the development of tourism destinations.
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