JAKARTA, Sept. 13 (Xinhua) — Indonesia is pushing forward the plan to make three cross-border areas in Riau province – Batam, Bintan and Karimun – as an integrated economy zone to accommodate investors from neighboring Singapore.
“Batam, Bintan and Karimun have vantage position for the planned integrated economy zone. They were very close to Singapore and Malaysia. Those two countries were the gates for foreign countries before entering Indonesia,” the minister said on Wednesday.
To support the government plan, Industry Minister Airlangga Hartarto has encouraged Riau provincial administration to provide maximum assistance in improving business atmosphere in those three designated areas.
Thanks to Indonesia‘s steadily positive economic growth with positive outlook, he said many Singaporean investors are now seeking industry and business in Indonesia that can be invested in areas other than Java.