(MENAFNEditorial) Energy Eco Chain Launches Regional Technology And Operation Centre To Drive The Growth Of Batam's Digital Economy
SINGAPORE - Media OutReach - 21 March 2018 -Energy Eco Chain (EEC), established in
Singapore in 2017, is pleased to launch the Energy Eco Chain Regional
Technology & Operation Centre in Nongsa Digital Park (NDP). The official
strategic partner, EEC will work with the Batam Indonesia Free Zone Authority
(BIFZA) to drive the growth of smart and digital economy in Batam and Indonesia
with EEC's cutting-edge blockchain technology. They hope to create a robust
digital economy and realise the island's potential in this economic sector.
During the centre's launch at the grand opening
of Nongsa Digital Park yesterday, EEC was introduced as a game-changing tech
company from Singapore that partners with Batam to build a digital economy complementary to Singapore's thriving tech
industry. This will further Batam's goal to become the gateway to Southeast
Asia's digital market. The grand opening event was attended by regional
business leaders, and government officials from the region, Indonesia and Singapore,
including Indonesia's Minister for Foreign Affairs, Retno Marsudi,and Singapore's Minister for Foreign
Affairs, Vivian Balakrishnan.
Mr.
Tony Huang, Chief Operating Officer, Energy Eco Chain Foundation, commenting on
the opening of the Regional Technology & Operation Centre, shared: "We're excited to launch the first Energy Eco
Chain Regional Technology & Operation Centre here at Nongsa Digital Park. Together with Batam Indonesia
Free Zone Authority (BIFZA), we will spearhead the
island's digital transformation initiative. Our team at the Regional Technology
& Operation Centre will develop and research new solutions and applications
to enhance the digital economy infrastructure using our cutting-edge blockchain
technology. These technologies may potentially be used by other countries in
the region to build their own digital economy and open up doors to new
opportunities."
EEC's role in Nongsa
Digital Park
The centre focuses on exploring and developing
core blockchain-based technologies to establish Batam's digital economy. The progressive and innovative solutions
and applications provided by
EEC will
be widely used in various industries ranging from digitizing documents and transactions for real estate sector, intelligent
logistics system, to digital trading for the free trade zone, and
E-government
services; providing
efficient, secure and affordable digital services for local citizens and enterprises. They aim to
create a blockchain technology-based Special Economic Zone in the island.
The cooperation also sees EEC working with
partners in Batam to develop an approximately 4 hectare blockchain
digital industrial park in Nongsa Digital Park for tech and blockchain-based
technology companies to develop business in. EEC is committed to making the
park the world's first blockchain-powered park. Taking it a step further, EEC
will assist these companies in the process.
Commenting on the development of digital
economy in Nongsa Digital Park, Indonesia's Minister of Foreign
Affairs, Retno Marsudi said: "It's a
beginning, a pilot project of our further efforts to achieve Indonesia's
digital economy potential. A journey of a thousand miles begins with a first
step, and this is a good step."
At present, EEC is the only blockchain-based
company and amongst the first tech companies invited to set up in Nongsa
Digital Park which aims to be the largest platform for
digital ventures in Indonesia. Spanning over 60 hectares, NDP will be
the centre of Batam's technology growth and support Indonesia's digital
economy. Leveraging on Batam's close proximity to
Singapore, companies in NDP
will be able to access a larger pool of skilled talents while enjoying cost-savings
on rental and labour. With Singapore's strong regional financial position and business-friendly environment,
coupled with NDP's
coming offshore
financial policy and
availability of opportunities, NDP
is becoming an attractive
location for tech and financial companies in the region.
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