An official website of the United States government
Here's how you know
A .mil website belongs to an official U.S. Department of Defense organization in the United States.
A lock (lock ) or https:// means you’ve safely connected to the .mil website. Share sensitive information only on official, secure websites.

Home : Media : News : News Article View
NEWS | March 16, 2023

Indonesia Investment Authority and U.S. International DFC Execute Memorandum of Understanding to Catalyze Investments in Indonesia

JAKARTA, U.S. Embassy & Consulates in Indonesia -- Indonesia Investment Authority (INA) and U.S. International Development Finance Corporation (DFC) have taken a significant step towards promoting economic development in Indonesia by signing a Memorandum of Understanding (MoU). As part of the MoU, DFC and INA will collaborate to identify investment opportunities throughout Indonesia that align with their respective investment mandates, demonstrating a strong potential for strategic and developmental impact.

The MoU highlights the deepening economic relationship between the two countries. DFC has a proven track record of mobilizing private sector investments to address development challenges. With exposure of more than $35 billion, DFC has helped spur economic growth and promote regional stability in developing countries around the world.

The MoU underscores INA’s unwavering dedication to fostering a collaborative environment with global investors and promoting sustainable development in Indonesia. It also reflects INA’s long-term commitment to the potential of Indonesia’s economy.

Commenting on the relationship, INA’s CEO, Ridha Wirakusumah, stated that, “Working with a leading international financial institution such as DFC strengthens INA’s pledge to become a trusted partner for Indonesia’s future prosperity, and contribute to a more equitable, sustainable, and prosperous future for the country. This significant MoU is testament to INA’s vision of positioning Indonesia as a leading investment destination and a strategic partner for global investors seeking to tap into the country’s immense potential, unlocking a multitude of opportunities for Indonesia’s economic growth and development.

“As part of our mandate to drive sustainable economic and social development in Indonesia, INA recognizes the essential role of collaboration. DFC’s expertise and resources in financing and investing will be a valuable asset to INA, enabling us to expand our investments in key sectors, creating a conducive environment for private sector investments, and contributing to Indonesia’s long-term growth and prosperity.”

DFC CEO Scott Nathan, said, “DFC looks forward to a productive relationship with INA focused on catalyzing investment in the Indonesian private sector to address development challenges and pursue economic opportunities. The signing of today’s MoU is the first of what we anticipate will be many engagements between our two organizations to deliver our shared commitment to the people of Indonesia. From hard infrastructure to energy security to improved healthcare, DFC brings with its investments a commitment to high standards and community involvement. We are excited to see the tangible results of our relationship in the months and years to come.”

With a shared objective of promoting joint investments, the MoU aims to unlock a wide range of opportunities for sustainable development projects in Indonesia.

CONNECT WITH USINDOPACOM
Facebook

Like Us
Twitter
342,728
Follow Us

ENGAGE & CONNECT MORE WITH PACOM

                                                 

IN THE USINDOPACOM NEWS
U.S., Japanese Defense Leaders Discuss Progress on Closer Alliance
Secretary of Defense Lloyd J. Austin III and Japanese Defense Minister Yasukazu Hamada answer questions during a press conference in Tokyo, Japan, June 1, 2023. The visit comes as the United States and Japan take important strides to modernize Alliance capabilities, optimize U.S. force posture, and build links with like-minded partners following the historic U.S.-Japan “2+2” Ministerial meeting earlier this year. (DoD photo by Chad J. McNeeley)
June 2, 2023 - WASHINGTON -- U.S. and Japanese defense leaders are "operationalizing" agreements that are deepening the treaty alliance, said Secretary of Defense Lloyd J. Austin III and Japanese Defense Minister Yasukazu Hamada in...

Red Flag Alaska 23-2 Kicks 0ff Soon to Enhance Multinational Interoperability
June 2, 2023 - JOINT BASE PEARL HARBOR-HICKAM, Hawaii -- Red Flag-Alaska 23-2, a Pacific Air Forces-sponsored exercise, is scheduled to begin on June 12 with primary flight operations over the Joint Pacific Alaska Range Complex and is...

U.S., Philippine, Japan Coast Guards to Conduct Trilateral Engagements
Philippine Coast Guard servicemembers play music as the U.S. Coast Guard Cutter Stratton (WMSL 752) arrives in Manila, Philippines, for a tri-lateral engagement with the Philippine and Japan Coast Guards, June 1, 2023. Stratton deployed to the Western Pacific under U.S. Navy 7th Fleet command to serve as a non-escalatory asset for the promotion of a rules-based order in the maritime domain by engaging with partner nations and allies in the region. (U.S. Coast Guard photo by Chief Petty Officer Matt Masaschi)
June 2, 2023 - MANILA, Philippines -- The U.S. Coast Guard Cutter Stratton (WMSL 752) and crew arrived in Manila on Thursday to conduct professional exchanges and joint operations with members of the Philippine and Japan Coast Guards during...

USS Shoup Departs Sendai, Japan
CDR. Dale Tourtelotte, Commanding Officer of the Arleigh Burke-class guided-missile destroyer USS Shoup (DDG 86) speaks at the welcome ceremony hosted by the Miyagi Defense Association. Shoup is assigned to Commander, Task Force 71/Destroyer Squadron (DESRON) 15, the Navy’s largest forward-deployed DESRON and the U.S. 7th Fleet’s Principal surface force. (U.S. Navy photo by Operations Specialist 3rd class Dominik Camooso)
June 2, 2023 - SENDAI, Japan -- The forward-deployed Arleigh Burke-class guided-missile destroyer USS Shoup (DDG 86) departed Sendai, Japan after a port visit, June 1.The Yokosuka-based destroyer visit marks the first U.S. Navy ship visit...

USecAF Tours Indo-Pacific to Ensure Resourcing Decisions Align with Strategy, Mission
U.S. Air Force Gen. Ken Wilsbach, Pacific Air Forces commander, Kristyn Jones, assistant secretary of the Air Force for Financial Management and Comptroller, performing the duties of under secretary of the Air Force, and U.S. Air Force Chief Master Sgt. David Wolfe, PACAF command chief, stand together for a photo at Joint Base Pearl Harbor-Hickam, Hawaii, May 3, 2023. Jones directs the development of the Air Force program and budget, oversees the Air Force Cost Analysis Agency's acquisition and operational cost analysis, provides analytical services, and conducts Air Force accounting and finance operations. During her visit, she met with PACAF leaders to better understand PACAF’s overall infrastructure and mission opportunities and challenges relative to the Pacing Challenge and how PACAF competes, deters, and wins in the Indo-Pacific. (U.S. Air Force photo by Tech. Sgt. Nick Wilson)
June 2, 2023 - ARLINGTON, Va. -- The Honorable Kristyn Jones, assistant secretary of the Air Force for Financial Management and Comptroller, performing the duties of under secretary of the Air Force, toured the U.S. Indo-Pacific Command...