Indonesia's DPD Speaker Invites Foreign Investors to Develop Residential Property in Bali
The Speaker of Indonesia's Regional Representative Council (DPD), Sultan Baktiar Najamudin, invited foreign property investors to develop residential real estate in Indonesia's tourism areas during the Indonesia-China Bridge Forum held in Bali on October 29. The call is linked to the government's 3 million homes program and seeks alternative financing and construction technology from international partners.
On October 29, Sultan Baktiar Najamudin, Speaker of Indonesia's Regional Representative Council (DPD RI), opened the Indonesia-China Bridge Forum in Bali by inviting more than 500 property industry representatives from countries including China, Germany, Russia, and India to invest in residential real estate development in Indonesia's tourism regions.
Najamudin stated that Indonesia welcomes foreign technology, industry expertise, and investment in housing development, citing the country's promising international tourism potential. He noted that the government's ongoing program to build 3 million homes for citizens cannot rely solely on the state budget (APBN), and requires alternative financing as well as efficient, environmentally friendly construction technologies such as 3D construction printing.
He also expressed hope for replicating Bali-style tourism development in other regions of Indonesia through international collaboration. The announcement reflects a policy direction and investment outreach at a forum, rather than a specific project launch or regulatory change.
Things to Consider
Foreign investors or buyers interested in Bali real estate should understand that this type of government investment outreach is a policy statement, not a new regulation or project launch. Before making any investment decisions, consult a licensed lawyer or real estate agent to verify current land ownership rules applicable to foreigners (such as Hak Pakai or Hak Guna Bangunan). When specific projects are announced, verify the developer's track record and building permits (IMB/PBG) before committing funds.
Source: Khazminang.id