Apple’s plan to invest over S$340M to expand AMK campus welcomed as CEO meets Singapore govt leaders

SINGAPORE: Apple’s plan to invest over US$250 million to expand its campus at Ang Mo Kio has been widely welcomed in Singapore, amid the tech giant’s CEO Tim Cook’s tour of Southeast Asia in search of growth markets from Hanoi to Jakarta. Mr Cook arrived in Singapore on Thursday to meet with Prime Minister Lee Hsien Loong and his successor Lawrence Wong.

“Singapore is truly a one-of-a-kind place, and we are proud of the connection we’ve built with this dynamic community of creators, learners, and dreamers. With our growing campus, Apple is writing a new chapter in our history here,” Mr Cook said in the statement. The following day, he met with President Joko Widodo in Indonesia, where the country’s fourth Apple Developer Academy is set to be launched in Bali.

Apple is reportedly considering manufacturing some of its products in Indonesia, and the government said on Apr 18 that it will consider incentives to attract more investments from the tech giant, which may include tax incentives, which India and Thailand have offered.

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