US Companies Committed to Boosting Investment in Indonesia: Foreign Ministry

By Office of Assistant to Deputy Cabinet Secretary for State Documents & Translation
Date 5 Desember 2019
Category: News
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Deputy Minister of Foreign Affairs Mahendra Siregar on his press conferences at the Merdeka Palace, Jakarta, Thursday (5/12). (Photo by: Jay/PR)

A number of US businessmen have expressed commitments to expand their business or make investment in Indonesia, Deputy Minister of Foreign Affairs Mahendra Siregar has said.

“The companies’ representatives attending (the meeting) specifically expressed their commitments to make bigger investment in Indonesia,” Mahendra told reporters after accompanying President Joko ‘Jokowi’ Widodo during a meeting with the delegation from the US-ASEAN Business Council, at the Merdeka Palace, Jakarta, Thursday (5/12).

According to Mahendra, the delegation also expressed hope that the Indonesian Government can maintain the country’s economic stability and growth as well as implementing human capital development.

The Deputy Minister went on to say that the meeting did not specifically discuss the US-China trade war since both Indonesia and the US have been doing well in maintaining their economic growths amidst global economic uncertainty.

“(The meeting discussed) the potentials to develop bilateral relations, to increase cooperation and economic relations in the fields of trade, investment and so on,” he added.

In the meantime, CEO of Citi Indonesia Batara Sianturi said that the delegation represented 46 leading companies, adding that US companies attending the meeting said they will provide support to President Jokowi’s priority programs, including human capital development, infrastructure development, economic reform and also for streamlining the regulations and bureaucracy. (FID/JAY/ES)

 

 

Translated by: Galuh Wicaksono
Edited by: Muhammad Ersan Pamungkas

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