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U.S. Companies Discuss Improved Business Environment with Indonesian Leaders
(Jakarta) A delegation of 23 leading U.S. companies organized by the US-ASEAN Business Council engaged the Government of Indonesia, senior Indonesian business leaders, and other stakeholders during the Council’s annual Business Mission this week. The group met with numerous key officials and business leaders to discuss continued support for Indonesia’s economic growth by improving stakeholder consultation, attracting more private capital to Indonesia, and encouraging incentivized localization. The mission also focused on Indonesia’s regional role, and encouraging policies that harmonize Indonesia’s trade and industrial policies in line with their APEC and WTO objectives. The mission was led by the Council’s Indonesia Committee Chairman, Skip Boyce, President of Boeing Southeast Asia, and Alexander Feldman, President of the US-ASEAN Business Council.
“Indonesia has tremendous economic potential, and U.S. companies are firmly invested here for the long haul,” Boyce said. “U.S. companies understand that in order to be successful in Indonesia, they must be patient, persistent, and present. We look forward to continuing to work with the government in Indonesia to improve the business environment and help Indonesia continue to attract more and better foreign investment.”
The Council delegation held meetings with a wide range of government officials, including:
the Coordinating Minister for Economic Affairs, H.E. Hatta Rajasa,
the Minister of Manpower and Transmigration, H.E. Muhaimin Iskandar,
the Minister of Energy, H.E. Jero Wacik,
the Minister of State-Owned Enterprises, Dahlan Iskan,
the Minister of Industry, H.E. Mohamad S. Hidayat,
the Minister of Defense, H.E. Purnomo Yusgiantoro,
the Minister of Health, H.E. Nafsiah Mboi
the Financial Services Authority, Chairman Muliaman Hadad,
as well as officials from the Ministries of Finance, Transportation, and Trade, Bank Indonesia, the Governor of Jakarta’s office and the National Economic Committee.
The council also met with senior Indonesian Business Leaders from KEN, APINDO, KADID, KIKAS and the Investment Promotion Board including:
Chairul Tanjung, Chairman of the National Economic Committee (KEN)
Suryo Sulisto, Chairman of the Indonesian Chamber of Commerce (KADIN)
Chris Kanter and Shinta W Kamdani representing the Indonesian Employers Association (APINDO)
Mr. John Riady, Chairman of the US Committee of the Chamber of Commerce (KIKAS) and
Mr. Peter Gontha, Member of the National Economic Committee and Investment Coordinating Board.
The delegation also received briefings from AmCham Indonesia, the US Embassy Jakarta, Ben Bingham, Senior Resident Representative of the IMF and Edimon Ginting, Acting Country Director of the ADB.
“Our visit, occurring between Indonesia’s hosting of the APEC Leaders’ Summit and the WTO Ministerial, offered Council members an opportunity to engage Indonesian political and business leaders on a range of topics focused on improving two-way trade and investment,” said Council President Alexander Feldman. “We held productive discussions with government leaders about how best to implement the reforms agreed to at APEC, and how we can continue advancing the Indonesia-US Commercial Dialogue. We will continue to build and expand our partnerships in Indonesia through the Presidential and Parliamentary elections of 2014.”
Companies participating in the delegation included Boeing, BP, Caterpillar, Chevron, Coca-Cola Company, ConocoPhillips, Dell, ExxonMobil, FedEx Express, Ford Motor Company, Freeport-McMoRan, General Atlantic, GE, General Motors, Google, Hewlett-Packard, Merck & Co., Inc., NIKE, Procter and Gamble, PMI, Qualcomm, Seagate Technology, and VISA Inc.--US-ASEAN BUSINESS COUNCIL, INC.
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