Indonesia's
President Susilo Bambang Yudhoyono has signed into law a new maritime tourism
regulation that is expected to change the face of yachting, not only within
Indonesia but throughout the region.
The signing
of the new law, possibly the most important development in Asian Superyachting
this year, forms the framework to ease the regulations regarding foreign yacht
visits, create conditions that will encourage investment and facilities, and
stimulate the general economic development of coastal communities.
The Deputy
Minister for Economic Development, Dr. Edy Irawady, announced the passing of
the new law when attending the ASEAN Fair in Bali last weekend.
He said “
our prime objective is economic stimulus for local coastal communities and this
change will achieve this while creating a transparent yachting industry in
Indonesia”.
The law is a
result of comprehensive consultancy between the Government and the private
sector led by Indo Yacht Support & Yacht Support Group co-founder Captain
Cilian Budarlaigh.
IYS will
continue their consultancy role and have helped write the implementation
protocols which are currently being disseminated.
Monitoring
it's use and results will also be ongoing.
The game
changing law will open Indonesia's doors to visiting yachts; which in turn will
open the gate between the Pacific Ocean and Asia & Indian Ocean. Further
information can be obtained from Captain Cilian Budarlaigh
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