Nine American Companies Ready to Invest in Indonesia

Honolulu - Some corporate leaders snapper from the U.S. to meet President Yudhoyono on the sidelines of the APEC summit in Hawaii. Some of them are Cargill, Caterpillar, and Freeport claimed would increase its investment to Indonesia.

It is delivered by the Coordinating Minister Hatta Rajasa on the sidelines of the APEC summit meeting, Honolulu, Hawaii, Monday (11/14/2011).

"From Cargill, Caterpillar, and Freeport will increase investment. I do not remember what it's worth," said Hatta.

In addition to Monica Whaley, president of the National Center for APEC, chairman of the US-APEC Business Coalition, there are nine U.S. firms that met the leadership of SBY is:

1. Richard Adkerson, President & CEO of Freeport McMoRan
2. Keith Williams, President & CEO of Underwriters Laboratories Inc., an independent Standards Development Organization, lab testing, and certification body
3. Richard Lavin, Caterpillar Group President
4. Scott Price, CEO & President of Walmart Asia
5. Emery Koenig, Cargill
6. Deb Henretta, Procter & Gamble
7. Healthy Suhardjo & Weili Dai, co founder, the president, CEO and chairman at Marvell Technology Group Ltd.
8. Emiliy, JP Morgan
9. Peter Eggleston, GM Chevron.

Hatta said the company is soon to invest in Indonesia is Marvell, which is the manufacturer of the software to operate the chip in various platforms such as mobile phones, smart phones, smart TVs, and others.

"That soon will it be from Marvell, the owner actually born in Indonesia. They will invest in ICT," said Hatta.

Marvell is the owner of Healthy Sutardja who migrate to the United States (U.S.) in 1980, after graduating from Canisius High School Jakarta. He continued studying at Iowa State University in the field of electrical engineering and received a PhD from the University of California at Berkeley in the field of electrical engineering and computer science.

"In general, U.S. employers really, really want to invest in Indonesia because it saw the growth and economic potential. Two years ago U.S. investment remains at large seven even outside the top 10. But now already in position 2 after Singapore," said Hatta.

Besides the U.S., Hatta said the South Korean company is also aggressively to invest in Indonesia. This year investors from South Korea will increase its investment of U.S. $ 20 billion and its position is the top 5 largest investor in Indonesia.

"Maybe 2012 is going up again (South Korean investment). Lotte Petrochemical will go. Previously there Hankook tire factory. Then we are developing with this multi-Korean industrial cluster," said Hatta. (*)

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