SINGAPORE, Dec 14 (Bernama) -- Singapore's Senior Minister of State,
Ministry of Trade and Industry and Ministry of National Development, Lee
Yi Shyan, has described Iskandar Malaysia as a region of innovation and
entrepreneurship.
Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=915384
Published: December 16, 2012
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/12/15/business/12462542&sec=business
Published: December 16, 2012
He said the Iskandar region has attracted greater interest recently.
It has been reported that many foreign investors, including some Singapore firms, were considering investments there, he said.
"Indeed, Iskandar's advantages are aplenty -- its proximity to
Singapore, availability of land and a large pool of labour are among the
chief reasons for foreign firms to locate there.
"For our companies, Deputy Prime Minister Tharman Shanmugaratnam had
aptly described the region as a 'nice complementary space' for
Singapore," he said in his posting on Facebook Friday.
Lee said he recently visited the two Singaporean companies -- Bright
Floriculture Sdn Bhd and Super Group Pte Ltd -- that had established
operations there and was impressed with what he saw.
Lee said Bright Floriculture Sdn Bhd in Ulu Tiram, a horticulture farm
started by Ong Hock Beng and his two brothers in 1991, has been doing
well.
"The farm has grown. It produces quality vegetables for both the Malaysian and Singapore market," he said.
He said Super Group pioneered the packaging of 3-in-1 beverage products
and today, it manufactured a wide range of beverages and convenient
food products at its Masai facilities, such as cup noodles, potato chips
and of course, coffee.
"I was told that Super's coffee production facility was among of the largest in South-East Asia," Lee said.
Lee said the common factor was their willingness to redistribute their production activities in a logical and proactive way.
"Their foresight has enabled them to stay competitive and grow profitably," he said.
-- BERNAMA
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