Foreign Investors
The Batam Relocation Rush
Tuesday, February 4, 2003
Foreign investors are busy opening factories on Batam Island, attracted by low rents and wages.
arsip tempo : 178037308541.
CURRENTLY, there's a promising-looking rush to the island of Batam. During the past few weeks, quite a few foreign investors have begun relocating to this Indonesian island from Singapore. They are now busy setting up their factories and arranging the necessary facilities. In the Tanjung Uncang area, for example, several buildings are being built, even though there are those available to rent.
Since the beginning of January this year, sever
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