Jokowi upbeat about US businesses tapping opportunities in Indonesia

06 December, 2019 | Source: Antara News

President Joko Widodo (Jokowi) has invited business persons from the United States to capitalize on opportunities in Southeast Asian nations, especially Indonesia.

"I am optimistic that the US business delegation would optimize the opportunity to promote this cooperation, particularly in the development of infrastructure and human resources," President Jokowi remarked while receiving a visit of the US-ASEAN Business Council at the Merdeka Palace in Jakarta on Thursday.

While addressing 50 members of the council delegation, President Jokowi affirmed that relations between Indonesia and the United States are quite strong, particularly in economic cooperation.

"The US is Indonesia′s fourth-largest trading partner. US investment in Indonesia is nearly US$1.2 billion," he noted.

Indonesia and the United States have also concurred on boosting the volume of trade to US$60 billion by 2024.

At the start of his remarks, Jokowi expressed readiness to exchange views openly on the cooperation between Indonesia, ASEAN, and the US.

In 2018, ASEAN’s economic growth will average 5.1 percent, surpassing the global average.

Indonesia′s economy in the course of the past five years has grown by over five percent. Indonesia and the ASEAN will move faster to achieve growth and equity, the president remarked.

We are open to cooperation with any country in order to realize mutually beneficial interests," Jokowi stated, adding that the US and ASEAN enjoy sound relations in the fields of politics and economy.

"The US presence not only benefits ASEAN but also facilitates stability and prosperity in the Indo-Pacific region," he added.


The Indonesian government plans to issue savings sukuk (Islamic bonds), series ST007, to expand the base of retail investors in the domestic financial market and finance green projects in the state budget (APBN).
President Joko Widodo recently signed a regulation specifying the procurement and immunization schedule for the COVID-19 vaccine for Indonesia, which has been battling the deadly disease since March 2 this year.
President Joko Widodo on Wednesday said the coronavirus pandemic has reminded the nation and the state of the importance of science and technology.
Indonesian Foreign Affairs Minister Retno Marsudi offered her condolences and sympathies to the families of the victims of the explosion that rocked Beirut in Lebanon on Tuesday evening.
Indonesia is working with South Korea to develop a vaccine for the novel coronavirus disease, in addition to collaborating with China.
Indonesia′s economy will start to open and recover from the COVID-19 crisis in August this year, the World Bank′s Country Director for Indonesia, Satu Kahkonen, stated on Thursday.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669