What is being built
Japan's Mitsubishi Estate is developing the Sira Village and Grand Outlet Bali retail cluster with PT Bali Turtle Island Development (BTID) inside KEK Kura-Kura Bali. KEK is Indonesia's special economic zone status with business incentives. The investment is put at Rp 1.5 trillion.
Plans call for about 100 premium brands spread across 130 retail and dining outlets. The design is open air. Some space is reserved for small businesses, local artists and creative products.
Jobs and people involved
The project is expected to create more than 1,000 jobs. It was presented by Toru Hayamizu, executive officer at Mitsubishi Estate, and Rizal Edwin Manansang, acting secretary general of the National KEK Council.
How the zone is tracking
From its start to the end of June 2026, the zone attracted Rp 1.79 trillion in cumulative investment. It employs 2,173 workers and has three active businesses.
This year's pace is behind plan. Between January and June 2026 the zone realised Rp 335.92 billion against an annual target of Rp 1.001 trillion, or 33.56%. Hiring reached 499 people out of a planned 1,307, or 38.18%.
Why the delivery numbers matter
A single Rp 1.5 trillion retail project is comparable to all investment the zone has attracted since it opened. That shows how significant it is for Kura-Kura Bali.
If it is delivered on time, cumulative investment in the zone will rise sharply. For now, only a third of the annual target was met in the first half. Full-year 2026 data will give a clearer picture of the pace.