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OPIC Announces Dates and Venue for Southeast Asia Investment Conference

Monday, February 14, 2011  
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February 10, 2011
Overseas Private Investment Corporation (OPIC) UPDATES
An Agency of the US Government

OPIC Announces Dates and Venue for Southeast Asia Investment Conference

OPIC will hold its seventh international investment conference at the Shangri-La Hotel in Jakarta, Indonesia, from May 3 to 5, 2011.

President Barack Obama announced the OPIC conference, Access to Opportunity in Southeast Asia, during his November 2010 trip to Indonesia, stating it would "highlight new opportunities for partnership here and across the region."

The conference will target emerging markets throughout Southeast Asia, including Indonesia, Malaysia, the Philippines, Thailand, Cambodia, Laos, Vietnam and Micronesia.

Following the model of OPIC’s six previous annual international conferences, the Indonesia conference will connect U.S. and regional investors, financial institutions, private equity managers, local partners, and government officials. Conference sessions will focus on access to investment and trade finance, private equity, infrastructure, tourism and entrepreneurship. Particular emphasis will be placed on the renewable energy and clean technology sectors.

Participants are expected to include American businesses of all sizes seeking private equity, debt financing or partners for expansion into Southeast Asia; Southeast Asian companies seeking U.S. partners or capital; and U.S. and Southeast Asian financial institutions offering investment and trade finance to prospective investors.

Announcement of the conference follows an updated investment agreement signed by the Government of Indonesia and OPIC in April 2010. This agreement provides an improved framework for the range of OPIC programs including project finance and political risk insurance and will support expanded U.S. investment in Indonesia. Since its inception OPIC has provided more than $2.1 billion in insurance and financing in Indonesia.

To register for the conference, click here <> .

OPIC: Helping U.S. businesses to grow internationally

OPIC was established as an agency of the U.S. government in 1971. It helps U.S. businesses invest overseas, fosters economic development in new and emerging markets, complements the private sector in managing risks associated with foreign direct investment, and supports U.S. foreign policy. Because OPIC charges market-based fees for its products, it operates on a self-sustaining basis at no net cost to taxpayers.

OPIC’s political risk insurance and financing help U.S. businesses of all sizes invest in more than 150 emerging markets and developing nations worldwide. Over the agency's 39-year history, OPIC has supported $194 billion worth of investments that have helped developing countries to generate over 842,000 host-country jobs. OPIC projects have also generated $74 billion in U.S. exports and supported more than 274,000 American jobs.

OPIC Annual Conference
"I’m pleased to announce that the Overseas Private Investment Corporation will host its annual conference this spring in Indonesia to highlight new opportunities for partnership here and across the region."

President Barack Obama
Jakarta, Indonesia

WHEN: May 3-5, 2011
WHERE: Shangri-La Hotel,
Jakarta, Indonesia

For more information, click here.

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