25 US companies move their investment US$1 b to Indonesia

The Investor Daily-October 23, 2008 William Marmon, vice president US-ASEAN Business Council, stated that at least 25 US-based companies would move their investment to Indonesian in various sectors worth more than US$1 billion. He mentioned some companies such as AES Corporation (a power plant supplier) planning to develop more than 10 units of small size power plants worth US$800 million, Monsanto Company (a seeding company) planning to invest US$12 million, Guardian Industries (float glass factory) planning to set up new factory worth US$150 million.