Prabowo Administration Secures Record USD 38.4 Billion In US Investment Commitments, Signaling Strong Investor Confidence

Tuesday, 24 February 2026

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Author: Bassam Raza
President Prabowo's direct pitch to American investors, emphasizing transparency and international standards, results in record commitments across agro and manufacturing sectors during Washington business summit. (doc. ekon.go.id)

Washington D.C. – President Prabowo Subianto's debut economic diplomacy mission to the United States has produced spectacular results, with American companies committing USD 38.4 billion in trade and investment deals during the US-Indonesia Business Summit 2026. The agreements, signed in the US capital on Wednesday, represent one of the largest single-day economic packages in Indonesia's history and a powerful vote of confidence in the new administration's economic direction.

The summit, jointly organized by three premier American business organizations, provided President Prabowo with a platform to articulate his economic vision directly to the leaders of major US corporations. His message, focused on transparency, disciplined governance, and adherence to international standards, appears to have resonated strongly with an audience seeking predictable and credible partners in Southeast Asia's largest economy.

"I understand how the market works," President Prabowo told the assembled business leaders during his roundtable address and subsequent Gala Iftar Dinner keynote. "The market values transparency, discipline, and credibility. My responsibility as President is to strengthen governance, enhance transparency, and ensure that we meet international standards. This is about maintaining the integrity of our economy and long-term investor confidence."

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The response from the American business community was immediate and substantial. Eleven cooperation agreements were signed in the President's presence, covering both immediate commodity purchases and long-term industrial investments. The total value of USD 38.4 billion demonstrates the depth of interest among US companies in expanding their Indonesian operations and supply chain relationships.

Agricultural commodity purchases accounted for USD 4.5 billion of the total, ensuring continued flows of essential US products to Indonesian markets. These included multi-year agreements for soybeans, wheat extending through 2030, corn, cotton, and other agricultural products. These contracts provide stability for American farmers while securing raw materials for Indonesia's food processing and manufacturing industries.

The manufacturing sector attracted the largest share of commitments, totaling USD 33.91 billion. Semiconductor industry investments dominated this category, with two agreements worth USD 4.89 billion and USD 26.7 billion respectively. These investments position Indonesia to participate in the global technology supply chain at a higher value-added level than previously possible.

Coordinating Minister for Economic Affairs Airlangga Hartarto, who accompanied the President, noted that these achievements were facilitated by the recently concluded Agreement on Reciprocal Trade. The ART commits both nations to expanding market access and resolving trade barriers, creating a more favorable environment for business. "Through this agreement, we will further strengthen market access and the competitiveness of Indonesian products," Minister Airlangga explained.

The summit's success also reflects the strong organizational support from US business institutions. The US Chamber of Commerce, US-ASEAN Business Council, and US-Indonesia Society have long advocated for deeper economic ties between the two nations. Their convening power brought together the right companies and decision-makers to translate diplomatic goodwill into concrete commercial agreements.

(Bassam Raza)

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