IDXChannel - United States (US) private investment in Indonesia generated an economic impact of USD130 billion between 2014 and 2023, stemming from direct investments totaling USD67 billion, according to a report.
The US Investment: A Partner in Innovation for Indonesia report was released by the American Chamber of Commerce in Indonesia (AmCham Indonesia) in partnership with EY Indonesia and launched during the US-Indonesia Investment Summit this week.
The investment summit convened Indonesian ministers and US business leaders to discuss critical areas including renewable energy, digital transformation, and health sector development as Indonesia transitions to President Prabowo Subianto’s new emphasis on digitalization and energy security.
“This Summit and the release of the 2024 US-Indonesia Investment Report highlight the significant role of American investment in Indonesia’s economy,” said U.S. Ambassador to Indonesia Kamala Shirin Lakhdhir in a statement.
“The report shows a USD130-billion economic impact due to US investments, emphasizing the strong connection between high-quality US private sector investment and Indonesia’s sustained economic growth," she added.