WASHINGTON, D.C. – October 27, 2015 – (RealEstateRama) — U.S. Deputy Secretary of Commerce Bruce Andrews and Indonesian President Joko Widodo attended a ceremony today to recognize new business deals and commitments worth more than $20 billion between U.S. and Indonesian companies. A number of these projects will help more people benefit from clean electricity, while others will support transportation infrastructure and introduce new financial products.
Today’s announcement builds upon the already strong commercial relationship between the United States and Indonesia, with bilateral trade reaching $27 billion in 2014.
“The United States is committed to strengthening commercial and economic ties through the Asia-Pacific, which is a critical dimension of the president’s focus on this fast-growing region,” Deputy Secretary Andrews said. “U.S. companies are keenly interested in Indonesia and welcome the opportunity to fully participate in and contribute to Indonesia’s economic success. The agreements and other commitments announced today will introduce more U.S. technologies and services to Indonesia and create jobs in both of our countries.”
U.S. Ambassador to Indonesia Robert O. Blake stated, “I was delighted to witness these announcements and agreements which further the trade and investment ties between our two countries. It reflects the broad range of commercial engagement we enjoy from clean energy to consumer goods to finance and transportation and adds new momentum to our trade and investment ties.”
The following U.S. companies participated in the event:
Hubbell Power Systems
Jarden Zinc Products
UPC Renewables Group
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