The Overseas Private Investment Corporation (OPIC) is seeking to strengthen its presence in Indonesia by doubling its investment in Southeast Asia's largest economy over the next five years.
The government-backed investment firm was confident about increasing its investment to US$250 million by 2024 from the current figure of $125 million, OPIC chief of staff Eric Jones told reporters in a press briefing on June 24.
“With the largest economy in Southeast Asia, strong economic growth and Jakarta on track to become the world’s largest urban area within a decade, Indonesia stands as an example of how investment in infrastructure and technology drives development,” Jones said in a recent limited media briefing.
OPIC’s expansion plan is in line with its plan to upgrade its status from an agency to a corporation called the US Interna...
Starting from IDR 55,000/month