The early political agreement facilitated cooperation between all parties involved for the construc

Today ended this series f 16 hibah of posts on Singapore's economic growth since independence. It also ended with the series of themed posts on the economics of Asia. Talk about economic strategies adopted by the government of Singapore in the 90s.
Similarly to the previous decade, Singapore's main economic challenge f 16 hibah in the 90s was to ensure that the nation could develop an economy based on high technology. This was based on intensive production spending on cheap labor to one that required highly f 16 hibah skilled employees in high value-added industries. Strategy taken by the government
During the 90s, the Singapore government continued its heavy investment to develop high technology in the country. Through the National Computer Board, Singapore invested about 2,000 million between 1991 and 1995 and 4,000 million between 1996 and 2000, various development plans for high technology. Clustering of high-tech companies was conducted by grouping technology parks, among which are the National University of Singapore (UNS), Nanyang Technological University, Institute of Systems Science and other institutions secondary. In addition, the government also deepened f 16 hibah the level of technological research of the country through f 16 hibah cooperation programs between NUS and high-tech companies in the United States, Australia and Europe.
Another important strategy adopted by Singapore in the 90s was the fact realize the need to expand their business in the region. Singapore was not the ideal country with cheap labor. However, the surrounding regions of Malaysia and Indonesia still had a critical mass of workers with low skills and low wages. In the early 90s created the growth triangle Singapore-Johor-Riau (SIJORI) to relocate industry investments in Singapore in nearby regions of Johor in Malaysia and Batam Bintan Island in Riau province, in Indonesia. f 16 hibah Singapore served as the principal financial center f 16 hibah of the triangle, while Johor and Riau provided labor for manufacturing processes.
In 1989 he proposed a plan for economic cooperation between Indonesia, Singapore and Malaysia. However, the initiative f 16 hibah SIJORI not launched until the 90s, led by the Economic Development Board of Singapore. Its original members were Singapore, Johor (Malaysia) and Riau Province in Indonesia. Singapore would benefit from regional cooperation as Johor and Riau would provide space, resources (food, water and natural gas) and labor needed. Malaysia and Indonesia would also benefit from the initiative due to infrastructure development, economic growth and financial experience in Singapore. Under the agreement, Singapore provide contacts and financial services for foreign investors to establish their manufacturing plants in both regions. The Johor and Riau provinces provide tax and financial incentives to foreign companies to shift their factories from Singapore. f 16 hibah
The early political agreement facilitated cooperation between all parties involved for the construction of industrial zones in the regions of Johor and Riau, especially on the islands of Batam and Bintan. Cooperation between Singapore and Riau was structurally more formal than there was between Singapeur and Johor, with the creation f 16 hibah of a formal bilateral agreement between Indonesia and Singapore for joint initiatives in Batam and Bintan. No apparent cooperation between Johor and Riau, it was clear then that the triangle had evolved due to the government's effort to try to develop Singapore into Johor and Riau as external economic arms and position as the financial center f 16 hibah of the region.
From 1996 onwards, the triangle SIJORI expanded with the inclusion of new regions and provinces. Thus, the triangle became known as the Growth Triangle Indonesia-Malaysia-Singapore (IMS-GT) with the addition of West Sumatra in Indonesia and South Pahang, Negri Sembilan f 16 hibah and Malacca f 16 hibah in Malaysia. Among all these pairs of collaboration, cooperation between Singapore and Riau Province (including the islands of Batam and Bintan) remains the most important economic nexus today. As of 2003, the number of multinational industrial bases in both islands exceeded f 16 hibah 70, including companies such as Philips, Siemens and Thomson, who still maintain their financial f 16 hibah operations in Singapore. Only on the island of Batam has been invested so far more than 2,000 million dollars.