Indorama to invest US$2bil in US as tariff talks go on


JAKARTA: A company rooted in Indonesia is slated to invest US$2 billion in a blue ammonia project in the United States as part of what President Prabowo Subianto called a “win-win solution” in the ongoing tariff negotiations.

Coordinating Economic Minister Airlangga Hartarto (pic), who led a top-tier Indonesian delegation to Washington, DC, for bilateral talks last week, revealed in a press conference on Monday (April 28) that Indorama, a diversified manufacturing company, would make the investment in the US state of Louisiana.

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