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NEW UPDATES Asean Affairs 11 December 2014  

U.S. Companies Engage New Indonesian Government, Set Agenda to Expand U.S.-Indonesia Trade and Investment

(Jakarta) – A delegation of 40 leading U.S. companies organized by the US-ASEAN Business Council starts a three-day business mission to Indonesia today.  The delegation will meet with Vice President Jusuf Kalla on December 11 following more than a dozen meetings with cabinet members and key officials earlier in the mission.  The delegation is co-led by Martin Gil, President Director for Indonesia of the Coca-Cola Company and Marc Mealy, Vice President for Policy of the US-ASEAN Business Council.

“The Council is pleased to bring a sizable delegation of top U.S. companies to engage the new government of one of ASEAN’s most important economies,” said Marc Mealy.  “Our delegation, made up of some of the global industry leaders in the food and agriculture, manufacturing, financial services, ICT and energy sectors already recognizes the vision and initial reforms that this business-focused government has taken to help increase the types of investments to increase the pace of sustainable and inclusive growth in the world’s fourth most populous nation and third-largest democracy.  We are eager to speak with key ministries and the Indonesian private sector to develop a set of tangible ways for the long-term expansion of mutually beneficial U.S. – Indonesia trade and investment activities.”

The delegation seeks to learn more about the economic priorities of President Joko Widodo’s administration as Indonesia aims to achieve seven percent annual GDP growth. Additionally, mission participants plan to discuss improving Indonesia’s policy environment and streamlining administrative processes to attract greater investment in infrastructure, the importance of regulatory transparency and predictability, and how Indonesia can best prepare for the December 2015 launching of the ASEAN Economic Community (AEC).

“The Coca-Cola System has been committed to Indonesia for over 80 years, and we have ambitious growth and investment plans for the future, in line with the amazing potential of the country" stated Martin Gil.  “The early days of the Widodo administration make us even more optimistic about the opportunity that Indonesia represents.  The Council’s 2014 Indonesia Business Mission will enable Coca-Cola and the 39 other companies in our delegation to continue to build long-term relationships with the Indonesian Government and Business Chambers leaders we meet, to mutually benefit Indonesia and U.S. businesses.”

In addition to Vice President Kalla, the Council delegation will engage key officials during the mission including:

    Coordinating Minister for Economic Affairs H.E. Sofyan Djalil
    Coordinating Minister for Maritime Affairs  H.E. Indroyono Soesilo
    Bank Indonesia Governor Agus Martowardojo
    Minister of Finance H.E. Bambang Brodjonegoro
    Minister of Trade H.E. Rachmat Gobel
    Minister of Industry H.E. Saleh Husin
    Minister for Information and Communication Technology H.E. Rudiantara
    Minister for Defense H.E. Ryamizard Ryacudu
    Minister for Manpower H.E. Hanif Dhakiri
    Minister of Energy H.E. Sudirman Said
    Minister of Health H.E. Dr. Nina Moeloek
    Chairman of the Financial Services Authority Dr. Muliaman Hadad
    Chairman Franky Sibarani of the Indonesian Investment Coordinating Board

The Council delegation will begin the mission with a briefing with the U.S. Ambassador to Indonesia, Hon. Robert Blake and the U.S. Ambassador to ASEAN, Hon. Nina Hachigian.  Mission participants will also attend a business luncheon with KADIN, the Indonesian Chamber of Commerce and Industry, and APINDO, the Indonesia Employers Association.
Companies participating in the delegation include Abbot, AIG,  AT&T, Autodesk, Baxter, bp, Cargill, Caterpillar, Chevron, Cisco, the Coca-Cola Company, ConocoPhillips, Dow, ExxonMobil, Ford, Freeport-McMoRan, GE, GSK, Google, Hewlett-Packard, Honeywell, IBM, Intel, Johnson & Johnson,  KKR, Mary Kay Inc, MasterCard, Merck & Co, Monsanto, Moody’s, Nike, P&G, PT Sampoerna, Qualcomm, Rio Tinto, Rockwell Automation, TimeWarner, UL and Visa.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

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