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US investors interested in infrastructure projects.

US investors are interested in doing business in Indonesia taking part in the country's infrastructure development, said US Ambassador Scott Marciel during a recent visit here of a delegation of 90 US business leaders. Agus Tjahjana, the director general for international industrial cooperation, said US investors found the condition of the country's economy encouraging. The condition opens an opportunity for more US investment in the country, Agus said. Caterpillar caterpillar (kăt`əpĭl'ər, kăt`ər–), common name for the larva of a moth or butterfly. Caterpillars have distinct heads and are segmented and wormlike. , P&G, and PT Cargill Indonesia have expressed investment interest. Other US companies showed interest in doing business in the country include aircraft maker Lockheed Martin For the former company, see .

Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta.
. Special staff at the industry ministry John A Prasetyo said US investors wanted regulations that would create business friendly. The US investors attach importance on written regulation. Agus said Indonesia is competing against Vietnam and Thailand in attracting investment from the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . In a meeting with the industry minister, the US investors asked about the regulation not yet issued of the trade minister No. 39/2010 on imports of finished products by producers. The industry ministry promised to issue regulation soon.
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Title Annotation:ECONOMIC NEWS IN BRIEF
Publication:Indonesian Commercial Newsletter
Date:Jan 1, 2012
Words:177
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