JAKARTA, Indonesia – From March 12-15, U.S. International Development Finance Corporation (DFC) Chief Executive Officer (CEO) Scott Nathan traveled to Jakarta, Indonesia. During the visit, he met with senior government officials and emphasized the importance of the relationship between the United States and Indonesia. CEO Nathan also met with existing and potential DFC clients across sectors including energy, healthcare, affordable housing, and small businesses finance. His trip helped deepen economic ties and advance potential investments in Indonesia.
In a meeting with Indonesia Investment Authority (INA) leadership, CEO Nathan and CEO Dr. Ridha Wirakusumah signed a Memorandum of Understanding (MOU) to promote collaboration between the two organizations and explore opportunities for joint financing. Immediately following the execution of the MOU, the two teams discussed potential projects and received briefings from prospective clients.
CEO Nathan also held several bilateral meetings focused on supporting Indonesia’s investment priorities with high-level government leaders, including Coordinating Minister of Maritime and Investment Affairs Luhut Binsar Pandjaitan. CEO Nathan and Minister of Energy and Mineral Resources Arifin Tasrif held a meeting where they discussed private sector support for Indonesia’s energy capacity needs. CEO Nathan also met with Perusahaan Listrik Negara (PLN) President Director Darmawan Prasodjo with whom he affirmed DFC’s commitment to investing in Indonesia’s energy sector and transition.
During his visit, CEO Nathan advanced ongoing partnerships with existing DFC clients and met with potential clients exploring DFC financing. He also met with members of the private sector to explore the possibility of future investments including in infrastructure, critical minerals, clean energy, healthcare, education, and food security and agriculture.
Demonstrating DFC’s support for multilateral economic efforts in the region, CEO Nathan had a meeting with ASEAN officials, during which he shared how DFC’s investment tools can support private sector-led development projects. CEO Nathan underscored DFC’s desire to increase its investment portfolio to support the people of Indonesia while advancing regional priorities such as the Indo-Pacific Economic Framework (IPEF), the G7 Partnership for Global Infrastructure Investment (PGII), and Indonesia’s Just Energy Transition Partnership (JETP).
The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, critical infrastructure, and technology. DFC also provides financing for small businesses and women entrepreneurs in order to create jobs in emerging markets. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.