In 1989 the Deputy Prime Minister of Singapore launched the term 'growth triangle'. The term indicates that Singapore, the Malaysian state Johor, and the Indonesian islands Batam and Bintan of the Riau archipelago should pool their comparative advantages to form a larger economic region. Singapore could bring in capital, managerial skills, and a high-grade infrastructure. Johor had land and a semi-skilled labour force to offer, and Riau could provide land and cheap labour. The names of the three envisaged partners were combined in the acronym 'Sijori'.
Infrastructure
has been one of the prominent factors attributed to the success of the
growth triangles mainly in South East and North East Asia." Growth
triangles like Johor (Malaysia), Singapore and Riau (Indonesia) (JSR),
South China Growth Triangle and Greater Mekong Basin Growth Triangle
(GMBGT) consisting of Myanmar, Cambodia, Lao PDR, Southern China, Vietnam
and Indonesia, all benefited from massive investment for the building up
of infrastructure preceding the core investment projects. Due attention
was paid to the development of roads, airports, port facilities, water and
electricity.
Projectes Developed