Batam to be the Shipping and Manufacturing Point in Indonesia – A bold move by the Indonesian government!

With a potential draw of new investments to a whopping US$60 billion, Indonesia is trying to take a giant leap in terms of economic growth by re-positioning Batam island as an alternative manufacturing and shipping hub to Singapore. Due to the proximity of the Batam islands to Singapore, the island has attracted a lot of investments since the year 1970 – the year which the country made the region an industrial zone. With new plans set in motion, the authorities are now planning to expand the benefits to the businesses by reclaiming approximately 8000 hectares of land. This opens a new window for the country’s economy and will certainly bring in more prospects for the country’s future. This also benefits a host of industries both directly and indirectly. Many resort properties the likes of Travelodge Batam which is a Nagoya hotel in Batam, appreciate this initiative of the government and also expects it will carry out the operations in a sustainable manner.