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Luncheon Meeting Business & Investment Opportunities in Batam

Luncheon Meeting Business & Investment Opportunities in Batam. BUSINESS & INVESTMENT OPPORTUNITIES IN BATAM - INDONESIA. Ismeth Abdullah Chairman Batam Industrial Development Authority . Strategic Location of Batam. 20 kilometers. Only 20 Km away from Singapore 40 minutes ferry-ride.

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Luncheon Meeting Business & Investment Opportunities in Batam

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  1. Luncheon Meeting Business & Investment Opportunities in Batam “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  2. BUSINESS & INVESTMENT OPPORTUNITIES IN BATAM - INDONESIA Ismeth Abdullah Chairman Batam Industrial Development Authority “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  3. Strategic Location of Batam 20 kilometers Only 20 Km away from Singapore 40 minutes ferry-ride “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  4. How to Reach Batam • Hang Nadim International Airport : • Regular Flight and Cargo Flight • Runway : 4,000 m (longest in Indonesia) • International Ferry Terminals: • 40 minutes from Singapore • 120 trips daily (6am – midnight) “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  5. Mission of Development Total Area : 715 sq-km Batam Rempang Transshipment Galang Galang Baru “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  6. Business Prospects • The growth engines in the Indonesia economy • 100% foreign company • Economic Growth 2003 : 7.7% • Export-oriented manufacturing “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  7. Foreign Investment in Batam • Investment from 34 Countries • - 735 Companies in Batam • - Investment Value: US$ 3.4 Billion • 20 American Companies (US$ 59.8 million) “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  8. Development of Batam • Jan – Sept 2004 • 47new foreign companies (US$ 43.3million) • 11 expansions existing foreign companies (US$ 117 million) “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  9. Potentials to Outsource & Trade • Electronics components • Telecommunication • Computer equipments • Metal stamping • Shipyard industry • Metal & steel related industry • Oil & gas supporting industry • Rubber products • Optical products • Plastics & related products • Garments “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  10. Investment & Operational Costs • 17 Industrial Estates • Ready-built factories • (rental fee around US$ 2 / sq-m per month) • Labour Cost Competitive • Economical Utilities “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  11. Development of Batam • Workers: • Formal sector : 185,000 workers • Non-formal sector : 75,000 workers “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  12. Foreign Visitors ….attracting 1.3 million foreign visitors last year or around 108,000 visitors monthly….. “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  13. Batam Risk Report Risk of Batam: 4.87 7.52 8.00 7.09 6.05 5.70 5.64 5.61 6.00 4.87 4.62 4.00 2.28 2.00 0.00 India China Batam Thailand Vietnam Malaysia Indonesia Singapore Philippine Grades range from zero to 10, with zero being the best grade possible and 10 the worst “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  14. Batam Risk Report Overall Risk Evaluation Grades range from zero to 10, with zero being the best grade possible and 10 the worst. “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  15. Security and Safety • Working hand in hand with the Batam Police. • Better equipped and trained • Unemployment is kept very low Batam has stepped up security measures in the past few years. *X-ray facilities at all entry points (domestic and international). * Technical assistance for security assessment by the USA (US TDA). “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  16. BIDA (Batam Industrial Development Authority) • Slim bureaucratic procedures • One Stop Service • Focused Scope of Work • Professional & Qualified Human Resource • Special status of the island • Land rights management • In line with the regional autonomy “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  17. US – Singapore FTA • Free Trade Agreement US and Singapore (Jan 2004): • Special facilities to export to the US outlined through the Integrated Sourcing Initiatives. • 266 types of IT and medical related products. • Products manufactured in Batam will be more competitive. “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  18. Forthcoming Infrastructure Projects “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  19. Forthcoming Infrastructure Projects “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

  20. BATAM : An Invitation THANK YOU ………Come and Visit Us in BATAM ! “Business & Investment Opportunities in Batam” New York & Washington Visit - October 26-27, 2004

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