For Immediate Release: November 7, 2012
Contact: Mary Trupo (202) 482-3809
Obama Official to Lead Infrastructure Trade Mission to Indonesia and Vietnam
WASHINGTON – Under Secretary of Commerce for International Trade Francisco Sánchez today announced he will lead an infrastructure trade mission to Indonesia and Vietnam, November 11-16. He will be accompanied by representatives from eight U.S. firms that can provide high-quality infrastructure products and services on stops in Jakarta, Indonesia; and Hanoi and Ho Chi Minh City, Vietnam. At each stop, participating companies will meet with key government decision makers and prospective private sector partners. Under Secretary Sánchez will be joined on the mission by representatives from the U.S. Trade Development Agency and the Overseas Private Investment Corporation.
“Indonesia and Vietnam are two dynamic markets that offer great opportunities in the infrastructure development and technology sectors,” Sánchez said. “As these economies expand, so do their infrastructure needs in areas ranging from aviation to construction and engineering. These U.S. companies can supply the products and services necessary to meet these needs.”
Both Indonesia and Vietnam are members of the Association of Southeast Asian Nations (ASEAN). The ASEAN region is one of the world’s largest markets for U.S. exporters. Its 10 member states received more than $76 billion of merchandise exports from the United States in 2011.
U.S. merchandise exports to Indonesia through August 2012 totaled $5.5 billion – an increase of nearly 10 percent from the same timeframe in 2011. U.S. goods exports to Vietnam grew nearly 8 percent when compared to the same timeframe. Vietnam is also a participant in the ongoing Trans-Pacific Partnership negotiations.
The following companies were selected for participation in the trade mission:
- Black and Veatch – Overland Park, Kan.
- Cisco Systems – San Jose, Calif.
- General Electric Company – Fairfield, Conn.
- Honeywell International, Inc. – Morristown, N.J.
- Oshkosh Corporation – Oshkosh, Wisc.
- The Shaw Group – Baton Rouge, La.
- Westinghouse Electric Company – Cranberry Township, Pa.
- WorleyParsons LLC – Bellaire, Texas
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