Investment Minister Bahlil Ready To Oversee The Increase In US Investment In Indonesia

JAKARTA - Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia is ready to oversee the increase in United States (US) investment in Indonesia after meeting with 12 leaders of US companies in Washington DC, USA, Thursday, May 12 local time. The meeting was also attended by Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan, Minister of Trade Muhammad Lutfi, Indonesian Ambassador to the United States Rosan Roeslani, Chairman of the Indonesian Chamber of Commerce and Industry Arsjad Rasjid, and Chairperson of Hipmi Mardani H Maming. In a written statement in Jakarta, Saturday 14 May, Bahlil emphasized that The Indonesian government is very open to collaborative investment and encourages economic equity. He also explained that one of the current government policies is to require collaboration between foreign investment and national entrepreneurs, especially local entrepreneurs and micro, small and medium enterprises (MSMEs) in the regions in Indonesia. where the investment is. "We think that an investment On the same occasion, Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan also said that one of the current focuses of the Indonesian government is related to development of green economy ecosystems, through the mechanism of energy transition from fossil fuels to renewable energy, restoration of ecosystems such as mangrove forests, peatlands, and tropical forests. "Therefore, at this time the Government of Indonesia welcomes the interest of foreign investors in sectors related to the green economy ecosystem, especially in the energy transition mechanism and industrial estates, as well as industries with added value," he said. The leaders of US companies who had ir is engaged in various sectors, including data center technology, oil and gas, pharmaceuticals and healthcare, renewable energy, mining smelters, the food industry, and the LED lighting industry. Air Products Chairman, President and CEO Seifi Ghasemi expressed his appreciation for the support from the Indonesian Government. in ensuring that Air Products' investment in Indonesia is realized. "We strongly believe that Indonesia has a bright future mainly because of Indonesia's young and dynamic population, abundant natural resources, and progressive democratic government that supports investment from various countries," said Seifi.

Meanwhile, one of the companies that was also present at the meeting, Freeport MacMoran also expressed its appreciation and pride for the cooperation that has existed between Freeport and Indonesia for 55 years since the 1970s. Freeport MacMoran President Kathleen Quirk stated that Freeport has an investment plan "We really appreciate the collaboration that has been going on so far, and the communication that is getting better and transparent. We plan to increase our investment in Indonesia and feel even more optimistic about working together in the future," he said.Based on the data According to the Ministry of Investment/BKPM, investment realization from the United States from 2000 to 2021 has reached 19.5 billion US dollars. Especially in 2021, investment from the United States has experienced a sharp increase of 234 percent from the previous year with a total investment value of 2.5 billion dollars. USA and is in fourth place. One of the sectors that dominates investment from the United States is the mining, services, utilities, chemical and pharmaceutical industries, and the food industry.