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US Companies Generate USD130 Billion Economic Impact in Indonesia

Economics editor Wahyu Dwi Anggoro
28/11/2024 15:35 WIB
United States (US) private investment in Indonesia generated an economic impact of USD130 billion between 2014 and 2023.
US Companies Generate USD130 Billion Economic Impact in Indonesia. (Foto: State Dept)
US Companies Generate USD130 Billion Economic Impact in Indonesia. (Foto: State Dept)

The report underscores that US investment has been a key driver of Indonesia’s economic transformation, with impact extending far beyond direct financial investment through technology transfer, job creation, and innovation.  

Notably, the impact of US tech giants in Indonesia extends far beyond the amount of dollars invested as they improve the knowledge, skills, and abilities of Indonesia’s workforce.

The research points to several key challenges and opportunities for expanded cooperation as Indonesia pursues its goal of becoming a leading global economy by 2045, including the need to address regulatory uncertainty, accelerate digital innovation, and develop human capital through education reforms. (Wahyu Dwi Anggoro)

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