Indonesian President Secures $8.5 Billion Investment Commitment from 19 British Companies
Indonesian President Prabowo Subianto has secured an investment commitment of US$8.5 billion from 19 leading British companies during his visit to the United Kingdom (UK). This significant development underscores growing optimism about Indonesia’s economic prospects, with the country’s political stability and commitment to clean, efficient governance playing a key role in attracting foreign investment.
CEO Roundtable Forum
The agreement was announced on Thursday following the CEO Roundtable Forum, where Prabowo met with leaders from some of the biggest companies in the UK. According to Prabowo, the CEOs have committed US$8.5 billion in investments, reflecting their confidence in Indonesia’s economy.
Sectors of Interest
Finance Minister Sri Mulyani, who also attended the meeting, noted that the CEOs are particularly interested in sectors such as energy transition, infrastructure, education, and healthcare.
Meeting with UK Leaders
The meeting was part of Prabowo’s official visit itinerary, which also included an audience with King Charles III at Buckingham Palace, a luncheon hosted by UK Deputy Prime Minister Angela Rayner, and a bilateral meeting with UK Prime Minister Keir Starmer at 10 Downing Street. Prabowo and his delegation arrived in London on Wednesday for the visit at the invitation of the UK government.
Strengthening Ties
Prabowo and Prime Minister Keir Starmer discussed ways to strengthen Indonesia-UK ties, with Starmer expressing keen interest in collaborating across sectors such as the economy, fisheries, education, healthcare, and defence.
Conclusion
Indonesia’s economic prospects continue to attract significant interest from foreign investors, with its political stability and commitment to clean, efficient governance playing a key role in this trend. The country’s growing economy and increasing attractiveness to foreign investment are expected to have a positive impact on its development and growth.
Frequently Asked Questions
Q: What is the amount of investment committed by 19 British companies during President Prabowo’s visit to the UK?
A: US$8.5 billion
Q: Which sectors are of interest to the CEOs of the 19 British companies?
A: Energy transition, infrastructure, education, and healthcare
Q: What was the purpose of President Prabowo’s visit to the UK?
A: To strengthen Indonesia-UK ties and attract foreign investment
Q: Who attended the CEO Roundtable Forum with President Prabowo?
A: Leaders from 19 leading British companies, including Finance Minister Sri Mulyani