Minister of Investment and Downstream and Head of the Investment Coordinating Board Rosan Roeslani affirmed that ExxonMobil President Director Carole Gall expressed her interest to President Prabowo Subianto during a meeting with dozens of other US businessmen at the State Palace on Tuesday.
"She also conveyed her commitment with a quite significant figure," Roeslani remarked in a press statement at the Presidential Palace on Tuesday.
The investment interest came from ExxonMobil which had stated that the British oil and gas company, British Petroleum (BP), had also expressed its investment commitment in Indonesia worth US$7.7 billion, he said.
Responding to BP's investment, ExxonMobil committed to a significantly larger $15 billion investment in the country, as Roeslani clarified.
During the meeting, Prabowo emphasized no tolerance for corruption that has the potential to hinder investment.
Roeslani said the president also promised those entrepreneurs that enforcing legal regulations would provide a sense of comfort for investors in Indonesia.
He revealed that some investors were keen to invest in Indonesia. However, they are eager to increase the investment value since the Indonesian government has committed to supporting an optimal investment climate.
"They said they would invest more because they believed in President Prabowo's administration, which has shown its commitment to improve the investment climate in Indonesia and develop the ease of doing business here," the minister explained.
Entrepreneurs from various industries, such as healthcare, food and beverage, tourism, pharmaceuticals and medicines, minerals, oil and gas, and digitalization, attended the meeting and expressed their enthusiasm regarding the investments.
Other attendees at the meeting comprised Minister of Foreign Affairs Sugiono, Coordinating Minister for Economic Affairs Airlangga Hartanto, US Ambassador to Indonesia Kamala Shirin Lakhdir, and Chairman of the Advisory Board of the Indonesian Chamber of Commerce and Industry Hashim Djojohadikusumo.
Deputy Minister of Finance Thomas Djiwandono and President and CEO of the US-ASEAN Business Council Ambassador Ted Osius were also present at the meeting.
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Translator: Mentari Dwi G, Resinta Sulistiyandari
Editor: Azis Kurmala
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