TEMPO.CO, Jakarta - Indonesia, Vietnam, and Myanmar are the three top countries in Southeast Asia favored by investors from the United States based on a survey by the US Chamber of Commerce (AmCham).
In the 'ASEAN Survey Outlook 2015' published by AmCham in Singapore, of the three favored countries, Indonesia sits on the highest rank as the main destination for business expansion by US entrepreneurs despite the constraints and challenges.
The Nation reported that the one of the reasons why investors reluctant to invest in Indonesia is the high number of corruption cases. The presence of regulations that do not support the investment climate is also an issue for companies to invest in Indonesia. In terms of security, AmCham survey said the situation is more conducive.
Commenting on the survey, Deputy Chief of Indonesia’s Chamber of Commerce Bayu Prawira Hie, said that Indonesia is very attractive for foreign investors including the US due to the large market, economic growth and growing middle class consumers. "There are also provincial regulations that support the buying power of the people," he said to Tempo yesterday.
THE NATION | SAID HELABY |ALI HIDAYAT