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What are some things that look promising on Batam as a direct competitor of Singapore?

Batam, an island in Indonesia, presents several promising aspects that could position it as a competitive alternative or complement to Singapore in various areas:

Cost of Living

Batam offers a significantly lower cost of living compared to Singapore. Here are some key differences:

The overall cost of living in Batam is 68.5% lower than in Singapore (without rent) and 76.4% lower including rent1 4.
Restaurant prices are 73.1% lower, groceries are 54.6% lower, and housing costs are 47.6% lower in Batam1 4.
Transportation costs, childcare, and entertainment expenses are also substantially lower in Batam1 4.

Infrastructure and Business Environment

Batam boasts better physical infrastructure compared to other parts of Indonesia, with efficient ports and an international airport, making it easier to move materials and products3.
The island is close to Singapore, only 20 km away, and is bordered by Malaysia, providing strategic geographical advantages3.
Batam has a one-stop policy for investment procedures, streamlining business transactions, and offers tax incentives, making it an attractive location for investors3.

Tourism and Leisure

Batam is developing as a holiday resort with several must-visit attractions such as the Barelang Bridge, Nuvasa Bay, Nagoya Hill Mall, Maha Vihara Duta Maitreya, and Tua Pek Kong Temple. These sites cater to sightseers, foodies, beach lovers, and shopaholics2 5.
The island offers a mix of cultural, historical, and natural attractions, including scenic spots like Bukit Senyum, which provides a panoramic view of Batam and Singapore5.

Economic and Industrial Activities

Batam has been a hub for the electronics manufacturing industry, attracting major companies like Sanyo, Panasonic, Siemens, Sony, and Phillips. This indicates a strong industrial base and potential for further economic growth3.

In summary, Batam's lower cost of living, improved infrastructure, favorable business environment, and growing tourism sector make it an appealing alternative or complement to Singapore for both personal and business purposes.