Indonesia’s state-owned tourism development company, ITDC (InJourney Tourism Development Corporation), has officially regained its status as a fully state-owned enterprise, effective June 10, 2026. This change signifies a key moment for the company, intended to bolster its capacity to expedite the development of world-class tourism destinations across Indonesia. The move aims to strengthen ITDC’s role in attracting investment and driving growth within the tourism sector. Officials state the reinforced state ownership will provide greater flexibility and strategic direction for long-term projects. ITDC is responsible for developing and managing several key tourism areas, including Nusa Dua in Bali and Mandalika in West Nusa Tenggara. The company anticipates this restructuring will facilitate faster progress on ongoing and future tourism infrastructure projects. This decision underscores the Indonesian government’s commitment to prioritizing tourism as a vital economic driver.