Kendal Industrial Park, a Singapore-Indonesia joint venture, draws US$1.7bil in investments


An artist's impression of Kendal Industrial Park, inaugurated in November 2016. - KENDAL

SINGAPORE (The Straits Times/Asia News Network): The Kendal Industrial Park in Indonesia, which opened less than six years ago, has since attracted 72 committed tenants with investments valued at US$1.7 billion (S$2.3 billion), said Minister for National Development Desmond Lee.

It was inaugurated in November 2016 by Indonesian President Joko Widodo and Singapore Prime Minister Lee Hsien Loong.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Indonesia , Singapore , Kendal , industrial , park

Next In Aseanplus News

Helium cylinder explodes in Kajang, damaging two stalls, three cars
Puspakom revises vehicle inspection booking fee to RM5
Low-income patients call for more help as steeper Hong Kong hospital fees loom
Japan's emperor and his family greet New Year well-wishers
China's Xi to host South Korea's Lee from Sunday (Jan 4) amid Japan tensions
Asean News Headlines at 10pm on Friday (Jan 2, 2026)
Sanusi declines Perikatan Nasional chairman post, suggests Ahmad Samsuri
HK singer Leo Ku’s 57-year-old wife gives birth to their second son
Tokyo, Yokohama observe first snowfall of season, one day earlier than average year
After her Melaka visit, China top actress Fan Bingbing appears on Singaporean live stream from Sunset Way home

Others Also Read