SINGAPORE'S PURSUIT OF LOCATION ADVANTAGES IN INDONESIA AND VIETNAM

摘要

Foreign investments are drawn to privileged investment enclaves. This paper examines Singapore's low-cost manufacturing enclaves in Indonesia and Vietnam and presents evidence on the perceived advantages associated with these flagship projects. The study concludes that the location advantages of these Singapore-styled industrial parks in regional sites have been overestimated and that the potential gains from these projects have been overshadowed by socio-political uncertainties in the host environments.