AmCham Indonesia held a virtual “get to know you” discussion with Douglas Midland, the new head of the Indonesian office of the US International Development Finance Corporation (DFC), this morning, June 2, as a way to introduce our members to the opportunities the agency has to offer.
The DFC is the US government’s development finance institution, primarily responsible for providing and facilitating the financing of private-sector development projects in lower and middle-income countries.
Midland spoke about the DFC’s work in financing development projects across the globe. With its various private investment offerings, the DFC is keen to engage with the Indonesian government and support projects involving AmCham members.
Midland is the first head of the Jakarta DFC office, which represents an expansion of the agency’s outreach in Southeast Asia.
Midland also discussed the potential for foreign investment in priority sectors, such as renewable energy and healthcare, and the DFC’s thoughts on near-term opportunities for foreign sector involvement in Indonesia. The DFC believes it is entering the market at a time when both opportunities and challenges are abundant, which makes a coordinated approach to projects more important than ever.
The forum raised awareness of the DFC and how members may tap into its services to support projects. AmCham looks forward to future engagements with the DFC.