HIPMI promotes local developers at Bali property programme

Gianyar — The Indonesian Young Entrepreneurs Association (HIPMI) opened its 2026 Real Estate Development Programme in Gianyar on November 6, 2026, bringing together about 120 participants for a two-day programme on property development.

Why it matters: The programme gives local developers information on property project preparation, financing and permits while Bali’s reported restrictions affect new foreign-investment applications under KBLI 68111.

The programme, held at UC Silver in Gianyar on November 6-7, covered project preparation, financing and marketing, according to NusaBali. Organisers said participants would also gain access to mentoring and industry networks.

HIPMI Bali chairman Agung Bagus Pratiksa Linggih said the programme was intended to encourage more local entrepreneurs to enter Bali’s property sector and develop projects professionally.

Linggih said information received from Indonesia’s Ministry of Investment and Downstream Industries, also known as BKPM, indicated that foreign-invested companies faced restrictions on new applications under KBLI 68111, the classification for real estate owned or leased.

He said the reported restriction could give Indonesian domestic investors a larger role in property development in Bali. The statement concerns foreign-investment applications in Bali and does not establish a nationwide ban on foreign investment in the activity.

KBLI is Indonesia’s Standard Classification of Business Fields, while PMA refers to foreign investment and PMDN to domestic investment. NusaBali reported that the programme organisers expected participants to leave with practical knowledge of procedures, permits and financing.

The reported restriction has also been described by other property-sector publications as applying to new foreign-invested applications in Bali, rather than cancelling existing licences. Those publications said the restriction covers 18 business categories, including KBLI 68111, but they are not official government sources.

Sources

• NusaBali
• Bali Zero