Denpasar (Antara Bali) - Tourism industry including trade, hotel and restaurant sector, contributes more than 65 percent to Bali's Gross Regional Domestic Product every year, the Bali office of the Central Statistic Agency said.
Significant contributions also come from business in the transport, communications, finance and rental and corporate service, head of the Bali's BPS Gede Suarsa said here on Saturday.
Bali has no significant natural resources other than its natural beauty and culture, Gede Suarsa said.
Bali, therefore, relies more on its tourism industry and its supporting industries.
He said ahead of the APEC meeting here in 2013, development of infrastructure is brisk in the tourist island.
He cited work is in full gear for the expansion of the Nugrah Rai International Airport and construction of toll road of Serngan-Benoa and underpass that provides new connection between Denpasar and a number of regencies on the island.
Meanwhile, he noted the contribution of the primary (agricultural) sector to Bali gross regional domestic product is shrinking because of encroaching urbanization.
Encroaching urbanization reduces 436 hectares or 0.5 percent of farm lands in Bali every year, Gede Suarsa said.
The manufacturing sector, therefore, growing more in contribution to Bali's economic development.(*/T007)
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