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19 / 08 / 2017
11:49 am


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Saturday, August 19, 2017

Bali village grand council to issue investment guides

The Grand Council of Customary Villages will require investors to obtain a permit from the council before starting any project in customary villages.

The decision had been made to strengthen the council’s authority to monitor development projects in all customary villages, locally known as desa pekraman adat, across Bali. First, the guidance will regulate the types of investment allowed in each customary village. Second, the customary village will have the right to give advice and to set up a joint development agreement. Investors will be asked to employ local workers, who have the appropriate skills and competency, in accordance with the type of investment.