Photo courtesy of Mandarin Oriental's Twitter verified account @MO_HOTELS.

4th Annual US-Indonesia Investment Summit Comes to Jakarta This September

BY :MUHAMAD AL AZHARI

SEPTEMBER 11, 2016

Jakarta. Jakarta will host the fourth annual United States-Indonesia Investment Summit on Sept. 15, bringing together ministers from Indonesia and representatives of major US companies, the American Chamber of Commerce in Indonesia said in a statement on Friday.

The summit, set to take place at the Mandarin Oriental Hotel in Central Jakarta on Sept. 15, will feature discussions with several cabinet ministers, US officials and US companies.

"This event is a great opportunity for US companies to meet with President Joko "Jokowi" Widodo's economic team so soon after the recent cabinet shake-up. The message we are sending is that US companies are engaged and enthusiastic about business opportunities in Indonesia," AmCham Indonesia Managing Director A. Lin Neumann told the Jakarta Globe via email.

"Our investment report, which will be released at the Summit, will open a lot of eyes to the full scope of the US-Indonesia economic relationship. The economic benefits go far beyond just Foreign Direct Investment to encompass retail sales, financial services and government revenues. This is why we often talk about the partnership between American business and the Indonesian people," Neumann said.

Senior ministers and government officials expected at the summit include Coordinating Maritime Minister Luhut Panjaitan, Investment Coordinating Board (BKPM) Chairman Tom Lembong, Trade Minister Enggartiasto Lukita and Industry Minister Airlangga Hartarto.

The report Neumann referred to is the annual US-Indonesia Investment Report, this year entitled "Vital & Growing: Adding Up the US-Indonesia Economic Relationship" and to be unveiled during the summit.

AmCham Indonesia said this year's report will unveil the total dollar value of the economic engagement between the US and Indonesia, figures that will allow the public to quantify the relationship.

The summit and report are co-sponsored by AmCham Indonesia and the US Chamber of Commerce in Washington, D.C. Partners of the summit include BKPM, the Indonesia Employers Association (Apindo) and the Indonesian Chambers of Commerce and Industry (Kadin Indonesia).

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