{"title":"The SIJORI Growth Triangle: Territorial Complementarities or Competition for FDI in the Oil and Gas Industry?","authors":"J. R. Diez, Moritz Breul, Jana Moneke","doi":"10.1355/AE36-1G","DOIUrl":null,"url":null,"abstract":"Abstract:After some initial euphoria, the SIJORI Growth Triangle — formed by Singapore, Johor (Malaysia) and Riau Islands (Indonesia) — seems to have been forgotten. The growth triangle concept was developed to enhance the attractiveness of the three territories for foreign investment. This paper aims to explore whether firms in the oil and gas industry are making use of the different factor endowments accessible in close spatial proximity. Based on FDI data and expert interviews, it is observed that Singaporean firms are, in fact, taking advantage of the different factor endowments that SIJORI offers, especially in sectors related to storage and and offshore equipment manufacturing. However, in the case of Johor and Riau Islands, the focus continues to be on lower value-added activities.","PeriodicalId":43712,"journal":{"name":"Journal of Southeast Asian Economies","volume":"36 1","pages":"71 - 90"},"PeriodicalIF":0.8000,"publicationDate":"2019-04-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"7","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Southeast Asian Economies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1355/AE36-1G","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 7
Abstract
Abstract:After some initial euphoria, the SIJORI Growth Triangle — formed by Singapore, Johor (Malaysia) and Riau Islands (Indonesia) — seems to have been forgotten. The growth triangle concept was developed to enhance the attractiveness of the three territories for foreign investment. This paper aims to explore whether firms in the oil and gas industry are making use of the different factor endowments accessible in close spatial proximity. Based on FDI data and expert interviews, it is observed that Singaporean firms are, in fact, taking advantage of the different factor endowments that SIJORI offers, especially in sectors related to storage and and offshore equipment manufacturing. However, in the case of Johor and Riau Islands, the focus continues to be on lower value-added activities.
期刊介绍:
The Journal of Southeast Asian Economies (JSEAE) is a peer-reviewed multi-disciplinary journal focusing on economic issues in Southeast Asia. JSEAE features articles based on original research, research notes, policy notes, review articles and book reviews, and welcomes submissions of conceptual, theoretical and empirical articles preferably with substantive policy discussions. Original research articles and research notes can be country studies or cross-country comparative studies. For quantitative-oriented articles, authors should strive to ensure that their work is accessible to non-specialists. Submitted manuscripts undergo a rigorous peer-review process – two reviewers for original research articles and one reviewer for research notes and policy notes. The journal is published three times a year: April, August and December.