Special Report: Global Financial Crisis

     JAKARTA, Oct. 22 (Xinhua) -- At least 25 U.S. companies have interest in expanding business and shifting investment to Indonesia, in an effort to secure their capital from the impact of global financial turmoil, Indonesian Industry Minister Fahmi Idrissaid Wednesday.

    Talking to reporters after the meeting with business delegation from ASEAN and the United States, the minister said that the companies intended to put their investment in a country which was not seriously affected by the global financial crisis.

    "They are looking for a place where the economy is not hardly hit to secure their capital," he said.

    Among the companies that want to increase their investment in Indonesia were Dow Chemical, General Electric, Mosanto Corp, Pfizer, ConocoPhilips, Johnsons and Johnsons, Microsoft, and Oracle, said Idris.

    Guardian and Martahon Oil were seeking new investment in Indonesia, he added.

    The minister said Guardian planned to invest 150 million U.S. dollars in flat-mirror production, while Morsanto would put 12 million U.S. dollars in supplying of plan seeds.