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Mike Pence Signed 8 Billion Dollar Deal during Indonesia Visit

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Editor

20 April 2017 19:10 WIB

Indonesia's President Joko Widodo greets U.S. Vice President Mike Pence during their meeting at Merdeka Palace in Jakarta, April 20, 2017. REUTERS/Mast Irham/Pool

TEMPO.CO, Jakarta - The United States Vice President Mike Pence has signed a USD 8 billion business deals in presence of his Indonesian counterpart Jusuf Kalla during his Indonesia visit, Foreign Minister Retno Marsudi said Thursday, April 20, 2017.

Retno said that the business deal covers the energy sector, from waste-to-energy conversion to geothermal to infrastructure.

The agreement, Retno went on, also involves state-owned enterprises in the respective countries, namely Pacific Infracapital, Perusahaan Listrik Negara (PLN), Exxon and Pertamina.

The United States is among the top 10 investors in Indonesia. The US ranked seventh with US$1.16 billion investment in 540 projects. US investors are mainly interested in four sectors: energy, food, haulers and chemical/pharmaceutical.

ISTMAN MP

Bilateral Partnership


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