Singapore-Indonesia joint industrial park in Kendal to expand

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The Kendal Industrial Park in Central Java, a joint development between Singapore and Indonesia, has seen encouraging progress. The next phase of expansion is set to bring in more investments and jobs, and the model may be replicated in other parts of Indonesia. Singapore Finance Minister Lawrence Wong visited the Kendal Industrial Park as part of his four-day work trip to Indonesia. The park has attracted 74 tenants from a range of industries, with investments totalling US$1.7 billion.

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