Indonesia Eager to Attract More US Investments

By Editorial Team 17/05/2022
Foreign investment
Summary

Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan and Investment Minister Bahlil Lahadalia held a meeting with 12 chief executive officers (CEOs) of US companies in Washington DC on May 12. The meeting, part of President Joko Widodo's agenda in the US, was attended by CEOs of Google, Qualcomm, Chevron, ConocoPhillips, Boeing, Marriot International, Freeport McMoran, and Air Products.

The meeting aimed to explore potential investments and partnerships. Luhut highlighted the Indonesian government's commitment to developing a green economy ecosystem through the energy transition. He also emphasized that the value-added policy implemented by Indonesia since 2014 has had a positive impact on the economy, especially during the COVID-19 pandemic. "At the moment, Indonesia welcomes foreign investors in sectors related to the green economy ecosystem, especially in the energy transition and industrial estates and value-added industries," said Luhut. Meanwhile, Bahlil said that any partnership should involve local entrepreneurs and micro, small, and medium enterprises (MSMEs). "Investments related to development must be beneficial to all, and all of us can grow together," he said on May 13.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.