At a conference in Singapore on January 15th, Indonesian officials were out in force. Four senior ministers, the bosses of three state-owned enterprises and a senior civil servant took to the stage to try to drum up private investment in roads and railways. The audience, mainly financiers, nodded along.
Trade value between Indonesia and the U.S. may reach US$50 billion a year in the future. That number is almost twice of today's trade value between the two nations, which amounted to US$25.92 billion per year.