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Jakarta, CNBC Indonesia – The issue of the United States’ (US) desire to provide billions of dollars in funding to Indonesia has been raised again. This is because the chief executive of the International Development Finance Corporation, or US DFC, Adam Boehler, was on the sidelines of his visit to Israel some time ago.
In an interview in Jerusalem, Boehler said Washington would provide the funds if Jakarta established diplomatic relations with Israel. This is the same thing that was previously offered to Saudi Arabia and Oman for Muslim countries to want to enter into relations with the Jewish state.
“We are discussing it with them. If they are ready, they are ready and if they are ready then we will be happy to support more financially than we do.” Said DFC CEO Adam Boehler in an interview on Monday (12/21/2020) at the King David Hotel in Jerusalem.
Previously, Adam Boehler had also visited Jakarta several times to meet with the Coordinating Minister (Menko) of Maritime and Investments, Luhut Binsar Panjaitan, to discuss the Sovereign Wealth Fund (SWF) that Indonesia will form. During the meeting, Luhut revealed that Boehler expressed optimism about investment in Indonesia and SWF, especially after the enactment of the Omnibus Law on Job Creation.
“After listening to my explanation on the Job Creation Law, Adam Boehler conveyed his optimism to me about this important regulation that he sees as a further advance to improve the investment climate in Indonesia,” Luhut said on his personal social media account.
 Photo: The Coordinating Minister for Maritime Affairs and Investments, Luhut Binsar Pandjaitan, met with the Chief Executive Officer (CEO) of the United States’ International Development Finance Corporation (IDFC), Adam S. Boehler, in Jakarta on Friday ( 10/23). (Doc. Kemenkomarves) |
In fact, at the end of November 2020, US DFC (The United States International Development Finance Corporation) had signed a letter of interest to invest US $ 2 billion in LPI.
Meanwhile, President Joko Widodo also recently pledged to launch a Sovereign Wealth Fund (SWF) called the Indonesian Investment Authority (INA) early next year. INA is the Investment Management Institution (LPI) that will manage investment funds, including infrastructure.
So far, in addition to the US, several countries are also interested in investing their money in this institution, such as the United Arab Emirates (UAE), Japan, Saudi Arabia and Canada.
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