Singapore-Indonesia joint industrial park in Kendal to expand, says Lawrence Wong

Singapore-Indonesia joint industrial park in Kendal to expand, says Lawrence Wong

Lawrence Wong, Indonesia

19/5/2022 12:28:00 PM

Singapore- Indonesia joint industrial park in Kendal to expand, says Lawrence Wong

SINGAPORE: Kendal Industrial Park, a joint project between Singapore and Indonesia , is set to double in size, Finance Minister Lawrence Wong said on a visit to the park on Thursday (May 19). Mr Wong is on his first official visit to Indonesia as Finance Minister. After two days of meeting senior offic

"Building on the momentum that we have started and the good work that has been done over these recent years, I'm happy to share that the Kendal Industrial Park is now developing phase two," said Mr Wong in a speech on the visit.Inaugurated in 2016 by Singapore's Prime Minister Lee Hsien Loong and Indonesia's President Joko Widodo, the park now has 74 tenants from Southeast Asia, Northeast Asia and Europe, including three from Singapore.

Finance Minister Lawrence Wong (third from left) at a cultural show on his visit to Kendal Industrial Park near Semarang in Central Java. To his right is Singapore ambassador to Indonesia Anil Kumar Nayar and to his left is Kendal Regent Dico Ganinduto. (Photo: CNA/Chew Hui Min)

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Finance Minister Lawrence Wong and Indonesian leaders explore new areas of growth

Singapore's Lawrence Wong meets Indonesian ministers in Jakarta

Singapore's Lawrence Wong meets Indonesian ministers in Jakarta

Finance Minister Lawrence Wong and Indonesian leaders explore new areas of growth

Singapore’s decision to deny entry to preacher an important lesson for Indonesia in prohibiting radical views: Indonesia anti-terror agencyJAKARTA: Singapore’s decision to deny entry to Indonesia n preacher Abdul Somad Batubara is an important lesson for Indonesia to take precautions in prohibiting radical views, said a senior official with the Indonesia n National Counterterrorism Agency (BNPT) on Wednesday (May 18) Thank you for showing us that extremism that leads to any act of terrorism should have no place anywhere. Singapore's multicultural, multi-religious and multi-racial society is an excellent example that all of us can live peacefully with one another. And a government that denied its own citizen entry to supermarket and hospital visit just because they have their own view called a preacher radical. What a hypocrite. Good job Singapore , I'm Indonesian but I don't like racist

Singapore’s decision to deny entry to preacher an important lesson for Indonesia in prohibiting radical views: Indonesia anti-terror agencyJAKARTA — Singapore’s decision to deny entry to Indonesia n preacher Abdul Somad Batubara is an important lesson for Indonesia to take precautions in prohibiting radical views, said a senior official with the Indonesia n National Counterterrorism Agency (BNPT) on Wednesday (May 18). Its correct..u have heard his preaching in youtube.. At least should have treated him with dignity instead of putting in the cell with his little kids. Singapore did the Right thing. So if you are not a Singapoean or not residing in Singapore, don't ask questions like this...NOTHING TO DO WITH YOU.

LinkedIn SINGAPORE: Kendal Industrial Park, a joint project between Singapore and Indonesia, is set to double in size, Finance Minister Lawrence Wong said on a visit to the park on Thursday (May 19). Mr Wong is on his first official visit to Indonesia as Finance Minister. After two days of meeting senior officials in Jakarta, he was in Central Java on Thursday to visit the industrial park and for meetings with officials there. "Building on the momentum that we have started and the good work that has been done over these recent years, I'm happy to share that the Kendal Industrial Park is now developing phase two," said Mr Wong in a speech on the visit. "Phase two will likely more than double the size of the industrial park and bring in many more investments and many more jobs to Kendal and Central Java." Kendal Industrial Park, a joint venture between Singapore's Sembcorp and Indonesian developer Jababeka, will span across 2,200 hectares when it is fully completed. Inaugurated in 2016 by Singapore's Prime Minister Lee Hsien Loong and Indonesia's President Joko Widodo, the park now has 74 tenants from Southeast Asia, Northeast Asia and Europe, including three from Singapore. It has attracted investments of about US$1.7 billion and is expected to create more than 12,000 new jobs for locals. On Thursday, Mr Wong visited a Singapore tenant - furniture maker Kendal Eco Furindo - and the Kendal Polytechnic. He also met and had lunch with Regent of Kendal Dico Ganinduto. Finance Minister Lawrence Wong (third from left) at a cultural show on his visit to Kendal Industrial Park near Semarang in Central Java. To his right is Singapore ambassador to Indonesia Anil Kumar Nayar and to his left is Kendal Regent Dico Ganinduto. (Photo: CNA/Chew Hui Min) Finance Minister Lawrence Wong (front, third from left) visits a Singapore tenant, Kendal Eco Furindo, at the Kendal Industrial Park in Central Java on May 19, 2022. (Photo: CNA/Chew Hui Min) Finance Minister Lawrence Wong visiting Kendal Polytechnic in Kendal Industrial Park, Central Java, Indonesia on May 19, 2022. (Photo: MCI) At a doorstop interview held with Mr Dico, Mr Wong said:"I was very happy to see the tremendous progress that has been made in a very short period of time. "They have managed to attract investors permitted to do business in an industrial hub and that in turn has created many good jobs for the local people of Kendal." Addressing a question from Indonesian media on how the development of the park in the last six years has been"very slow", Mr Wong said that it was"a matter of perspective". "You can say it's slow but 2016 was just the groundbreaking. The first companies came in 2018 because you need to build the park, you need to get the facilities ready," he said. "We've had a lot of years in recent times of economic uncertainty, not to mention two years of the pandemic when borders were closed when it was not possible to bring in investors to come and visit the park." Given these challenges, the progress made has been"very good", said Mr Wong. He added that there are promising signs that more investors from around the world are interested in coming to Kendal. There are plans to expand the park and its support infrastructure as well as the growth of Central Java, said Mr Wong. Another possible development is a container port to support the manufacturing activities in that region. "I think this is needed because as manufacturing activities grow within Kendal and Central Java, the companies will want to export more," he said. "Logistics and transportation cost is a factor in driving competitiveness." He said that companies in Singapore and Indonesia have been looking at potential sites for the port and a proposal has been made to the central government in Indonesia. Mr Wong returns to Jakarta on Friday for the last day of his Indonesian trip. He has met several ministers thus far, including Coordinating Minister for Economic Affairs Airlangga Hartarto, Minister of Defence Prabowo Subianto, Minister of Health Budi Gunadi Sadikin, Minister of State-Owned Enterprises Erick Thohir as well as Bank Indonesia governor Perry Warjiyo. Related: IN FOCUS: How Singaporean companies in Indonesia are faring as COVID-19 disrupts business Finance Minister Lawrence Wong (right) with Indonesia Minister of State-Owned Enterprises Erick Thohir in Jakarta on May 17, 2022. (Photo: MCI) Finance Minister Lawrence Wong (left) with Governor of Bank Indonesia Perry Warjiyo in Jakarta on May 17, 2022. (Photo: MCI) Finance Minister Lawrence Wong (left) with Indonesia Minister of Health Budi Gunadi Sadikin. (Photo: MCI) Finance Minister Lawrence Wong with Indonesia Minister of Defence Prabowo Subianto on May 17, 2022. (Photo: MCI) This is Mr Wong's second overseas trip and the first to a Southeast Asian country since he was named the leader of the fourth-generation leaders, paving the way for him to be Singapore's next Prime Minister. He said at the doorstop interview that he decided very early on to visit Indonesia as Finance Minister as the country is an important partner for Singapore with close and longstanding ties. "Singapore's relationship with Indonesia goes beyond the familiar areas in Batam, Bintan, Karimun and Jakarta, because we have been broadening our cooperation to other parts over the years," he said. "Even during the last two years of COVID-19, we have continued to maintain very good relationships with both sides, continued to strengthen our engagement and to fight the virus together." Singapore's investments in Southeast Asia’s largest economy have been increasing in recent years, even during the pandemic, and it is Indonesia's largest foreign investor. Source: CNA/hm(ta)