Release Date: Jun 25, 2013Contact: 888-249-NEWS
U.S. Chamber Hosts Conference on “Strengthening Indonesia’s Competitiveness”
Highlights Contributions of Foreign Investment to Sustainability, Corporate Social Responsibility, and Inclusive Growth
JAKARTA, INDONESIA–The U.S. Chamber of Commerce will host a conference in Jakarta today with representatives from leading American and Indonesian businesses and government officials, that will explore the important role of foreign investment in fostering sustainable and inclusive growth in Indonesia and other Asia-Pacific Economic Cooperation (APEC) economies. The conference, “Strengthening Indonesia’s Competitiveness: Business Investments in Sustainability, CSR and Inclusive Growth,” will highlight innovative corporate social responsibility programs.
“U.S. investments in Indonesia are creating jobs, strengthening communities through health and wellness initiatives, and supporting education and training programs for the entrepreneurs of today and tomorrow,” said Tami Overby, the Chamber’s vice president for Asia. “As significant stakeholders in Indonesia’s growth, American companies are exercising a positive role in the country’s sustainable development and would like to do even more going forward.”
With a GDP in excess of US$1 trillion, Indonesia is a vitally important country and a key market for U.S. companies. The U.S. Chamber of Commerce has been a leading advocate for expanded trade and investment between Indonesia and the United States. As a private sector representative to the U.S. Indonesia Commercial Dialogue, the Chamber has called for regulatory cooperation, enhanced market access, and nondiscriminatory treatment of investments.
"Indonesia has a bright future, but it also must address significant challenges, including promoting a more predictable, transparent and business-friendly regulatory environment, boosting infrastructure development, and curbing corruption through increased reliance on rule of law,” Overby said. “We hope Indonesia will seize the opportunity of its APEC Chairmanship to achieve concrete and lasting progress to enhance market access for small and medium sized companies, advance intellectual property protection, and foster innovation and entrepreneurship while promoting sustainable, equitable growth”
Use the hashtag #SustainableRI to join the conversation on Twitter and find out more about the conference here.
International trade and investment is a key component of the Chamber’s 2013 American Jobs and Growth Agenda, an ambitious plan to generate stronger economic growth, create jobs, and expand opportunity for all Americans.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations. Its International Affairs division includes more than 50 regional and policy experts and 25 country- and region-specific business councils and initiatives. The U.S. Chamber also works closely with 116 American Chambers of Commerce abroad.