Reference
there, one of them Thomson. By August ten buildings would be ready. The buildings had been constructed in four to five months and the construction had been done in Singapore. The factories had then been floated to Batam. The original plan had been to let companies construct dormitory accommodation for workers next to the factories. This had however not worked out and construction was being undertaken by the EDB. Infrastructure was being put in including standby generators and water treatment plants. Rental was S$1.30 per square foot for multi-storey accommodation. This was half the cost of renting similar factory space in Singapore.
7. Telecommunications systems had been put in and the power supply was now 54 megawatts compared with the average island-wide previously of 20 megawatts. Total investment has been in the region of S$400 million. A communications MOU had been signed between Singapore Telecom, Indonesian Telecoms and Batamindo. Investors could expect a return on their capital after twelve to fifteen years. The Singapore government's role was one of pump priming and after two to three years it was expected that companies would be on their own. There was a ten year management agreement and after three to five years the Singaporeans would want the Indonesians to take over. Currently the Indonesians had no background for this type of operation. Personnel from doctors to engineers had been trained in Singapore. All the infrastructure on the industrial estate was undertaken by the Singapore PWD and PUB. All construction had been done to Singapore standards. The 165 hectare estate would be completed by next year.
8.
Phase II of the exercise would take place on the island of Bintan. Single storey factories would be constructed. As also would a city complete with town centre. Construction would be funded by the private sector. In effect a "second Batam" would be created. A major promotional programme was planned to be held in Tokyo. Mr Yeo was not sure about a promotional programme originally scheduled to be held in Europe in November. Amongst the other developments planned for Bintan were the expansion of port and ship facilities. Light labour intensive industries were planned for Bintan eg woodwork, footwear and garments.
ساسا
لسلام
CODE 18-77
8 May 1991
DR SHAW