Organised by the US-Asean Business Council, the delegation engaged the government of Indonesia, senior Indonesian business leaders, and other stakeholders during the council’s annual business mission.
Companies participating in the delegation included Boeing, BP, Caterpillar, Chevron, Coca-Cola, ConocoPhillips, Dell, ExxonMobil, FedEx Express, Ford Motor Company, Freeport-McMoRan, General Atlantic, General Electric, General Motors, Google, Hewlett-Packard, Merck & Co, Nike, Procter and Gamble, PMI, Qualcomm, Seagate Technology and Visa.
The mission was led by the chairman of the council’s Indonesia committee, Skip Boyce, president of Boeing Southeast Asia, and Alexander Feldman, president of the council.
“Indonesia has tremendous economic potential, and US companies are firmly invested here for the long haul,” Boyce said.
“US 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 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 incentivised localisation.
The mission also focused on Indonesia’s regional role, and encouraging policies that harmonise the country’s trade and industrial policies in line with their Apec (Asia-Pacific Economic Cooperation) and WTO (World Trade Organisation) objectives.
Representing the Indonesian side in the discussion werethe coordinating minister for economic affairs, Hatta Rajasa; the minister of manpower and transmigration, Muhaimin Iskandar and Energy Minister Jero Wacik among others.