BACKGROUND

In response to the dynamic landscape shaped by current global issues of climate change, geopolitical constellations, geo-economics fragmentation and competitive drives, the tourism industry faces unprecedented challenges andopportunities. These global issues have significantly impacted global tourism investment trends. Understanding the implications of these factors is crucial for stakeholders across the tourism value chain, including investors, policymakers, industry leaders, and business entities. Therefore, the tourism sector requires innovative strategies andsustainable investment to succeed.

Against this backdrop, as well in recognizing the importance of promoting international collaboration, providing a platform for investment opportunities and showcases in tourism for sustainable growth, The Ministry of Tourism andCreative Economy, the Republic of Indonesia will host the International Tourism Investment Forum 2024 (ITIF 2024) on 5-6 June 2024, in Jakarta, Indonesia. ITIF 2024 is jointly organized by The Ministry of Tourism and Creative Economy, the Republic of Indonesia and UN Tourism.

Following the success of the ITIF 2023, ITIF 2024 aims to provide a platform for robust dialogue and strategicpartnerships to navigate the complexities of the global tourism investment landscape. By addressing key issues and exploring emerging trends, the ITIF 2024 seeks to strengthen innovation, resilience, and sustainable growth in thetourism and creative economy sector.

ITIF 2024 will consist of interactive sessions, including a 2-day conference aiming at effective deliberation and the wayforward on investing for people, investing for the planet, investing for prosperity. The conference will be conducted in parallel with special sessions, thematic roundtable discussions, projects presentation and showcases, exhibition and business matching as well as side events for high level talks. The roundtable discussions with key representatives of the sectors will present the potential projects and investment opportunities.

The ITIF 2024 will play an important role as a platform to provide solutions, in search of accelerating tourism investments and sustainability. The event will provide the forum for knowledge exchange, networking, business matchmaking, deal-making, collaboration and framework from relevant point of view (i.e. policy, promotion, trends, financing solutions and human capital); also a showcase to promote Indonesia as a prospective and attractive tourism investment destination and an exploration for potential business connectivity and possible transactions among invitees/participants.

PARTICIPANTS

ITIF 2024 brings together tourism and creative economy and investment communities which include International and National Investors, Project Developers, Business Leaders, Business Groups, Project Owners and Sponsors, relevantGovernment Agencies and Ministries, Regional Departments of Tourism, Regional Department of Investment and One Stop Integrated Services, Other Policy Makers, Regional/National/International Tourism Promotion Agencies, Private Equities, Venture Capitals, Chambers of Commerce, Foreign Representatives, Banks, other institutional investors, andmedia partners.

FORUM OBJECTIVES

ITIF 2024 will provide the opportunity to

1. Facilitate dialogue among stakeholders to identify opportunities and challenges in the tourism and creativeeconomy sector by focusing on investment for People, Investment for Planet and Investment for Prosperity
2. Provide tourism investment opportunities and facilitation, as well as projects showcase through sustainable development in the tourism and creative economy industry in emerging and established tourism markets
3. Raising awareness for all relevant entities regarding prospective investment projects and programs at tourism destinations and the importance of implementing responsible practices in the investment portfolio
4. Strengthen partnerships between international and national investors, business entities, governments, andtourism stakeholders to support sustainable tourism development and investment
5. Provide a platform for knowledge sharing on best practices, innovations, insights and trends in the tourism industry and investment for sustainable growth objectives among business entities, investors, and policymakers
6. Facilitate networking, business matchmaking and deal-making, opportunities for participants
7. Promoting partnerships, discussions facilitation and showcasing tourism and creative industry ecosystem supports which include, but not limited to, innovation and technology, entertainment, entrepreneurships, education, energy efficiency, climate actions, green infrastructure, sustainable tourism and conservation
8. Promote Indonesia as a prospective and attractive tourism investment destination and an exploration for potential business connectivity and possible transactions among invitees/participants.

CONCEPT

ITIF 2024 will provide a variety of the opportunities for participants to join:

• Conference, the forum will feature a high-level conference with ministerial talks, keynote speeches, CEO Talks,Leaders Dialogue and presentations focusing on a wide range of themes from tourism investment trends, policy frameworks, emerging tourism and creative economy markets, to education, green infrastructure, energyefficiency use in tourism, entertainment, innovation and technology.
• Roundtable Discussions, interactive sessions will be carried out to intensive exploration on specific themes,allowing participants to showcase projects, investment opportunities, exchange ideas, share experiences, and collaborate on potential projects and tourism destinations.
• Exhibition, an exhibition area will showcase investment opportunities, tourism projects, destination promotions, and innovative solutions from exhibitors representing various sectors of the tourism and creative economyindustry.
• Business Matching, pre-arranged meetings and networking sessions will be facilitated to connect investors with project developers and project owners, government representatives, and other potential partners.

THEMES OF THE CONFERENCE

Ministerial Talks:

• Addressing geopolitical risks and geo-economics fragmentation to tourism investment landscape

Keynote Session:

• Navigating Global Dynamics: Strategic pathways to tourism investment and Sustainability

CEO Talks:

• Knowledge-based Capital for Addressing Tomorrow Challenges and Opportunities in Tourism Investment;
• Leveraging Health and Cultural Integrity for Future Investment Strategies.

Leaders Dialogue:

• Tourism Investment Transformation for Sustainable Future
• Greening Tourism Investment and Innovative Sustainable Financing Solutions

Investors Session:

• Accelerating Tourism Investment through Innovation, Technology and Entrepreneurship for Sustainable Development
• Tourism Investment opportunities through Innovation, creative industry and entertainment

Furthermore, parallel sessions will be held which include:

Roundtable discussion:

• UN Tourism and D-8 Countries
• Dialogue with Minister of Tourism and Creative Economy Republic of Indonesia, Invest in Wonderful Indonesia
• Roundtable Thematic Projects
• Roundtable Projects showcases and discussions
• India-Indonesia dialogue by Bloomberg (tentative)
• FGD Sustainable Tourism (Waste Management) (tentative)
• Roundtable Special Session: Opportunities with Venture Capitals

DATE AND VENUE

Date : 5-6 June 2024
Venue: Swissotel PIK Avenue, Jakarta - Indonesia

Gala Dinner and Sunset Cocktail are available with invited participants only.

FURTHER INFORMATION

To register and to confirm the attendance, more details are provided in the enclosed tentative program and on thewebsite https://www.itif.co.id. For further information, please also contact Ms. Eva ( + 62 812 1964 497) or Ms. Dewitri Anggraini (+62 812 1382 5825) or e-mail at secretariat@itif.co.id and investasiparekraf@kemenparekraf.go.i. It would behighly appreciated if you, (name of institution invited) could forward this invitation to relevant companies, organizations, institutions, business representatives and entities.

The Ministry of Tourism and Creative Economy, the Republic of Indonesia is looking forward to your positive responseand active participation in the International Tourism Investment Forum 2024 in Jakarta, Indonesia.