Bali is moving to diversify its economy, reducing reliance on tourism by assembling a selection of strategic, high-value investment initiatives.
Bank Indonesia (BI) has decided to collaborate with the Provincial Government of Bali to identify and promote potential investment profiles, which aims to develop a more durable and evenly distributed economic growth across the island.
“Besides tourism, there is potential for higher and stronger economic growth driven by strategic foreign and domestic investment projects,” stated Erwin Soeriadimadja, Head of BI Bali Representative.
Strategic Projects in Renewable Energy and Infrastructure
Newly identified investment opportunities cover key areas such as renewable energy, creative industries, agriculture, and waste-to-energy.
A flagship waste-to-electricity facility, estimated at Rp2–2.5 trillion, is expected to begin operations in late 2027.
Other priority infrastructure projects — namely a parking facility at Pura Ulun Danu Batur, the Tukad Unda raw water system, and the Jimbaran underpass — amount to roughlyRp788 billion in total investment.
Central government strategic projects are also in the pipeline, including a Rp255.5 billion public school in Kubu District, Karangasem, and the Merah Putih fishermen’s village in Seraya Timur.
International collaboration is underway as well: a Japanese investor is backing coastal conservation projects along Kuta-Seminyak-Legian (Rp268 billion, completion by November 2026) and Candi Dasa Beach in Karangasem (Rp518 billion, completion by 2027).
Roadmap to Realization
Central to this initiative is the ‘Bali Investment Challenge,’ which maps out prime investment profiles from all regencies and cities in Bali.
Regional agencies will present their proposals on May 11, 2026, followed by a selection of the most viable projects.
Catalogs and detailed profiles will be prepared, with the shortlisted projects unveiled at the Bali Jagadhita event in June 2026.
Beyond tourism, BI stresses that investment, MSMEs, agriculture, and digitalization will be key to propelling Bali’s economic growth going forward.
Source: ANTARA News Bali, Bisnisbali.com
Feat Image: Magnific.com
