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.