New Investments in Bali Drop
Ambitious Invetsment Targets Unlikely to Be Achieved in 2009. Calls for Stronger Sanction in New Zoning Law to Protect Bali’s Environment.
During the first quarter of 2009 the investment picture in Bali became stagnant with no new applications for domestic projects and only Rp. 53 billion (US$4.7 million) in foreign investment applications.
According to Kompas, the Chairman [...]