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U.S. investment in Indonesia rose 30.1 percent in 2016 to US$1.16 billion (Rp15.45 trillion at an exchange rate of Rp13,300 per US dollar), marking the first increase since 2014. U.S. investment in Indonesia peaked in 2013 at US$2.4 billion. The number of projects in 2016 also doubled to 540.
U.S. Vice President Mike Pence's visit to Indonesia can serve as a catalyst for increased cooperation between the two countries, in both investment and trade. During his visit, Pence met with President Joko Widodo and Vice President Jusuf Kalla. He also met with religious leaders at Istiqlal Mosque.
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