International Enterprise (IE) Singapore and Singapore Telecommunications (SingTel) have embarked on a joint mission to the two countries between 25 March and 3 April.
In a statement, SingTel says the recently completed mission to Manila, Philippines, from 25 to 27 March, enabled five Singapore ICT companies the opportunity to gain market insight and showcase their products to potential customers, government agencies and international organisations.
Following the mission to the Philippines, the second leg will see participating SMEs head to Jakarta, Indonesia, from 1 to 3 April.
The seven SMEs will meet representatives from SingTel's associate company, Telkomsel, a leading cellular telecommunications operator in Indonesia and visit several ICT-equipped schools as part of the three-day mission.
SingTel says Singapore ICTs are eyeing the potential of Indonesia's huge educational market, which is supported by its strong GDP growth of 6.5 per cent last year, its large domestic market and the growing affluence of its middle class.
Mr Reginald Wee, Group Director for Technology Business, International Enterprise (IE) Singapore said, "The opportunity is also especially timely for Philippines and Indonesia where we are seeing proactive efforts from the government to raise education standards. Both governments have announced a 17 per cent and 20 per cent budget allocation respectively, targeting capacity building through education this year."
- CNA/de
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