Indonesia expands sports investment through new licensing agreement

sports investment business licensing Online Single Submission sports tourism Indonesia economy

Indonesia has formalized a new partnership between its Ministry of Investment and the Ministry of Youth and Sports to expand business activities within the national sports sector. On August 28, Minister of Investment Rosan Perkasa Roeslanina and Minister of Youth and Sports Erick Thohir signed a memorandum of understanding to coordinate investment development and business licensing.

The agreement integrates sports-related investments into Indonesia’s existing risk-based national licensing framework and the Online Single Submission (OSS) system. This cooperation will facilitate regulatory coordination, compliance monitoring, and the exchange of licensing data between the two ministries.

Minister Thohir noted that the global sports industry is valued at approximately US$521 billion, with an annual growth rate of about 8%. Additionally, he estimated the global sports tourism market at nearly US$600 billion. The Indonesian initiative aims to link sports activities with tourism, events, and other commercial services to drive economic growth.

Entities

Erick Thohir · Indonesia · Ministry of Investment · Ministry of Youth and Sports · Rosan Perkasa Roeslanina

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] The cooperation covers regulatory issues, compliance monitoring, and the exchange of licensing data. habarileo.com · habarizatanzania.com · zanzibarleo.com
[● 3 SOURCES] Minister of Investment Rosan Perkasa Roeslanina and Minister of Youth and Sports Erick Thohir signed a memorandum of understanding on August 28. habarileo.com · habarizatanzania.com · zanzibarleo.com
[● 3 SOURCES] The sports sector records an annual growth rate of approximately 8%. habarileo.com · habarizatanzania.com · zanzibarleo.com
[● 3 SOURCES] The global sports tourism market is valued at nearly US$600 billion. habarileo.com · habarizatanzania.com · zanzibarleo.com
[● 3 SOURCES] The global sports industry is valued at approximately US$521 billion, or about 8,000 trillion rupiah. habarileo.com · habarizatanzania.com · zanzibarleo.com
[● 3 SOURCES] Indonesia is integrating sports sector investment with its risk-based licensing system and Online Single Submission (OSS) services. habarileo.com · habarizatanzania.com · zanzibarleo.com

Sources

Indonesia yapanua uwekezaji wa michezo chini ya mkataba wa leseni [habarileo.com]

11 days ago

Indonesia yapanua uwekezaji wa michezo chini ya mkataba wa leseni [habarizatanzania.com]

11 days ago

Indonesia inaunganisha uwekezaji wa michezo na mfumo mpya wa leseni [zanzibarleo.com]

11 days ago