Singapore firms helping to fuel Indonesia's tech sector's growth

Jakarta

TAY Kiat Seng, the executive chairman and chief executive of Singapore water treatment specialist Memiontec Holdings, secured his first project in Indonesia in 1998, despite the turmoil of the financial and political crisis engulfing the country at the time.

Over the past two decades, the Singapore Exchange mainboard listed firm has continued to invest in Indonesia and has established full-fledged Indonesian operations.