29 Nov '16, 8pm

Challenges to work on for better S'pore-Indonesia ties - TODAYonline

I refer to the report “Indonesia has high hopes for new industrial park developed with S’pore” and the commentary “Indonesia-Singapore retreat: Building trust on three issues” (both Nov 14). Indonesia, as our biggest neighbour, has vast territory and abundant resources, and can provide a lucrative investment environment. Singaporean investors should tap its relatively low investment costs, cheaper labour supply and logistical support services. Simultaneously, Singapore’s business partners in Indonesia should draw on our experience in trade, finance and technology to advance and consolidate their businesses. The new Kendal Industrial Park, operated by SembCorp Development from Singapore and Indonesian company PT Kawasan Industri Jababeka, is clearly built on this logic. Since the 1990s, many industrial collaborations in Batam, Bintan and Karimun have proved to be successful...

Full article: http://www.todayonline.com/voices/challenges-work-better-...

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