Commercial Deliverables for Commercial Signing Ceremony
RALEIGH, N.C. – (April 21, 2017) – Vice President Mike Pence and Indonesia Vice President Jusuf Kalla celebrated over $10 billion dollars in trade and investment agreements that demonstrate the strength of the U.S.-Indonesia economic relationship. The deals include the delivery of cutting-edge U.S. technologies to help meet Indonesia’s energy needs and process waste into valuable byproducts. U.S. companies are also supporting Indonesia’s desire for cleaner energy with the development of geothermal resources and the long-term supply of LNG. The procurement of U.S. high technology equipment will improve Indonesia’s ability to provide affordable and renewable energy. Two agreements were also signed to enhance aviation and defense cooperation. The agreements will contribute to economic growth and create jobs in both countries.
Pacific Infra Capital LLC Pacific Infra Capital LLC and its Indonesian affiliate PT Infra Cerdas Indonesia, have entered into an agreement with PT Perusahaan Listrik Negara (PLN) to implement an Advanced Metering Infrastructure system in Indonesia. The Project will start with a first phase pilot of 1,000 meters in Bali, followed by a second phase of up to 4.5 million meters using efficient smart-metering technology throughout the JavaBali grid. The project will utilize cutting-edge U.S. technology from a consortium of companies including General Electric, Siemens USA, eMeter, Trilliant and others. Total project value will be US$ 2 billion with turnkey development and financing from Pacific Infra Capital.