Many areas in Bali are dedicated to focus on a particular area.

What would Serangan North be known for?

What if:

Pemerintah akan membangun wilayah Sanur, Bali, menjadi Kawasan Ekonomi Khusus (KEK) kesehatan. (Foto: MNC Media). Source: https://www.inews.id/finance/makro/pemerintah-akan-sulap-sanur-bali-jadi-kek-kesehatan-ini-penjelasan-erick-thohir

State Enterprises Minister Erick Thohir during an online press conference. ANTARA/screenshot/Aji Cakti/sh

Government to develop Sanur as health tourism hub for aged. 3rd March 2021.

Source: https://en.antaranews.com/news/169140/government-to-develop-sanur-as-health-tourism-hub-for-aged

See also: https://voi.id/en/news/36921

Bali Plans To Focus On Medical Tourism With New Hospital In Sanur

The State-Owned Enterprise Minister, Erick Tohir, stated Bali will focus on medical tourism and plans to build a new international hospital in Sanur.

During a visit to ensure the availability of electricity for the G-20 Conference in 2022, Erick Tohir stated that Bali tourism needed improvement. This is so it can compete with the other Asian countries.

As part of the solution, Erick has decided to develop a Health Tourism program. He intends to create an International Hospital that is expected to support the economy once it starts operating.

“We will launch a Special Economic Region to develop an international hospital in the Sanur area. It will be equipped with the most advanced technology,” Erick said on Monday (27/12).

He also aims to turn the island into an international health center with the best medical services.

“We will be cooperating with experts from all around the world. We will also train our medical workers to achieve the standards of an international health center,” Erick added.

Meanwhile, the Indonesian President, Joko Widodo (Jokowi), hopes that this program will reduce the amount of Indonesian citizens who go outside of the country to receive better medical services.

“I hope Bali will become a place for medical tourism for our own citizens, as more than 2 million people have been going to other countries such as Singapore, Malaysia, and the United States to receive medical services. This causss us to lose IDR 97 trillion each year,” Jokowi said.

Erick Tohir also stated that the international hospital in Sanur is expected to start operating by mid-2023.

Source: https://thebalisun.com/bali-is-too-old-for-tourism-says-indonesian-minister/

@November 3, 2022at News | World

Bali will seek to attract world-class hospitals to the tropical island, adding medical treatment to its roster of offerings that already include white sand beaches and yoga retreats.

Indonesia designated a 41-hectare area in Sanur — a quiet coastal town on the eastern coast — as a special economic zone for health tourism, according to a Nov. 1 regulation. That means companies setting up in the area could get fiscal and non-fiscal incentives.

Health companies including Mayo Clinic and Cleveland Clinic are looking to partner with the government to help Indonesia recoup some of the 97 trillion rupiah ($6.2 billion) in national losses due to outbound medical tourism each year. Around 2 million Indonesians travel to countries such as Singapore, Malaysia, Japan and the U.S. for treatment due to a lack of trust and limited capacity in the local health system.

“It is hoped these international health facilities will absorb 4%-8% of Indonesians who usually seek treatment abroad,” Elen Setiadi, acting general secretary at the SEZ National Council, said on Wednesday.

State-owned PT Hotel Indonesia Natour, which owns the designated area, will develop Sanur into a health tourism hub within 3 years. Companies including Hotel Indonesia and state-run hospital holding Pertamina Bina Medika will invest around 10.2 trillion rupiah to build health facilities, hotels, a convention center and a botanical garden that reflects local medical practices.

By 2045, the country expects to gain up to $1.25 billion of foreign-currency earnings from medical tourism, said Setiadi. – BLOOMBERG

World’s leading healthcare companies eye huge development in Bali.

By Travel Weekly Asia | Nov 04, 2022 |

Mayo Clinic is reported to be looking at establishing a clinic in Bali’s proposed health and wellness enclave in Sanur. Photo Credit: Adobe/Reezky

Bali has made its strongest move yet to be recognised as Asia’s health and wellness hub with a multi-million dollar development on land around the island’s venerable Hotel Indonesia site.

The 41-hectare area in Sanur – owned by state-owned PT Hotel Indonesia Natour – has been designated as a special economic zone for health tourism, allowing companies setting up business on the site to claim tax and other incentives.

Bloomberg reports that health companies including Mayo Clinic and Cleveland Clinic are looking to partner with the government on the project which will attract overseas visitors, as well as many of the Indonesians who travel to countries such as Singapore, Malaysia, Japan and the U.S. for medical treatment.

“It is hoped these international health facilities will absorb 4%-8% of Indonesians who usually seek treatment abroad,” Elen Setiadi, acting general secretary at the SEZ National Council, told Bloomberg.

Hotel Indonesia and state-run hospital holding Pertamina Bina Medika will build health facilities, hotels, a convention centre and a botanical garden on the site with a development timeline of three years.

Also see: https://www.liputan6.com/bisnis/read/5230513/rampung-2024-kek-sanur-bali-jadi-pusat-layanan-kesehatan-kelas-dunia

Following the establishment of the Sanur Special Economic Zone for Medical Tourism (SEZ), Bali has another new SEZ: Kura Kura Bali on Serangan Island in South Denpasar.

President Joko Widodo established the Kura Kura Special Economic Zone via Government Regulation Number 23 of 2023, signed on 05 April 2023.

The Kura Kura SEZ comprises 498 hectares on Serangan Island that will now be dedicated to tourism and creative enterprises intended to accelerate the development of Indonesia’s economy and create new employment opportunities.

According to the Council for Special Economic Zones, the decision to establish the SEZ is based on the suitability of the location and recommendations made by PT Bali Turtle Development. Plans include the development of a marina with an integrated resort, hotels and resorts, commercial and mixed-use, a Wellness Center, and an educational and technological park.

Kompas.com reports that the Kura Kura SEZ will realize an investment with a total value of Rp. 104.4 trillion will generate 35,036 direct jobs and another 64,817 indirect employment positions. When fully operational in 2052, the Kura Kura SEZ will contribute US$ 31.8 billion in foreign exchange to the Indonesian economy.

The Kura Kura SEZ has commitments in hand from investors to create a cultural park, a luxury mall, an exclusive place of higher learning, an intercultural school, and a marina complex.

Beritabali.com reports that among the incentives offered to investors are also an income (PPH) tax holidays for investors in the Kura Kura SEZ; the Government also promises other facilities and incentives that include an exemption from value-added taxes (PPN), exclusion from luxury goods Tax (PPnBM), and exemption from import duties and taxes.

Other incentives promised to investors in the Kura Kura SEZ to include facilitating the movement of goods, easing labor regulations, immigration rule relaxation, assistance in obtaining licenses and permits, and zoning exemptions.

The President Director of Kura Kura Bali, Tuti Hadiputranto, explained on BeritaBali.com that the tax-free facilities are intended to stimulate investment and economic development at the project. “We thank the Government for granting a Special Economic Zone status to Kura Kura Bali that will provide many special facilities to investors. These facilities include a 10-year income tax holiday (PPH) for projects valued between Rp. 100 billion and Rp 500 billion,” said Tuti.

The income tax holiday will be linked to the size of an investment, with large investments able to access a tax holiday period of up to 20 years.

Tuti told the press that the Kura Kura SEZ would feature leading educational institutions, medical and wellness facilities, and an international standard marina. Adding: “Now foreign yachts stop in Singapore, Thailand, or Darwin; in the future, these yachts will come to Bali.

The creation of the Kura Kura Bali SEZ is part of an Economic Map for the Economic Transformation of Bali (Peta Jalan Transformasi Ekonomi Kerthi Bali) created by the National Planning Agency (Bappenas) and the Provincial Government of Bali that President Joko Widodo launched in December of 2021.

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kura kura area

The goal is to accelerate job creation and regional development in Denpasar City, Bali. This stipulation is contained in Government Regulation number 23 of 2023 concerning the Kura-Kura Bali Special Economic Zone, which was signed by Jokowi on 5th April 2023.

“With this government regulation, the Kura-Kura Bali Special Economic Zone is established,” reads article 1 of the government regulation.

The Kura-Kura Bali SEZ is located in the South Denpasar District, Denpasar, with an area of 498 hectares. This SEZ is bordered by Serangan Village, South Denpasar District, Denpasar City and the Badung Strait to the north, east, south and west.

In the government regulation, it is explained that tourism is a business activity that includes activities to support the organisation of entertainment and recreation, meetings, incentive trips and exhibitions, as well as related activities.

Kura-Kura Bali Designated as Special Economic Zone @setkabgoid

Meanwhile, the creative industry is business activities to increase the added value resulting from the exploitation of intellectual property in the form of individual creativity, expertise, and talent into a commercial product. Examples of its businesses include the multimedia content industry, communication technology, arts and crafts, and fashion.

For business entities wishing to enter and do business in the region, the government will provide a maximum period of 30 years after the government regulation comes into effect. Business entities are also inclusive of those wishing to manage or invest capital in this SEZ.

“The business entity referred to in article 5 paragraph 1 carries out the development of the Kura-Kura Bali Special Economic Zone until it is ready to operate, no later than 36 months after this government regulation comes into force,” states article 6 paragraph 1.

The Coordinating Minister for the Economy, Airlangga Hartarto, once said that the development of the Kura-Kura Bali SEZ requires an investment of Rp104 trillion for the next 30 years.

New jobs will be created, with as many as 35,000 direct workers and 64,000 indirect workers benefiting. The area will save foreign exchange of US$31.8 billion or the equivalent of Rp481.64 trillion, assuming an exchange rate of Rp15,146 per USD.