Importance of Investment to Community

Question: Discuss about the Importance of Investment to Community. Answer: Introduction: The above mentioned investment is a triangular trading investment organized between three states. The term SIJORI is an abbreviation of the names of the three states that is Singapore, Riau and Johor. The SIJORI trade invest has created a huge growth and developmental impact in all the three countries (Bunnell et.al 2012). The case study only discusses the benefits of SIJORI trade investment in Singapore. The trade investment encompasses all the three human activities that social, political and economic. Singaporeans have benefited from this trade investment in all the three dimensions of life. The SIJORI trade investment opened up ways for several firms to invest in Singapore through creation of conducive economic environment (Dahles, 2012). Due to the trade investment firms such as Philips among others have been able to their investment in Singapore. Various people have therefore benefited from various strategies set by SIJORI trading investment as follows. Most of people have acquired various skills through the trade investment links created by the three parties involved in the investment. Majority have been freely trained in order to provide labor in various firms like EE firms created through the SIJORI investment (Bunnell et.al 2012). Majority of people living in Singapore are currently employed as a result of the trade investment. SIJORI trade investment has resulted into establishment of several firms which offer almost 60% employment to the community. The main aim of SIJORI trade investment was to establish trading network between the three party states (Dahles, 2012). As a result of this object better transportation infrastructures have been developed to assist with the movement of goods and services. As a result of SIJORI trade investment several firms have been established leading to high employment rate. Since various community members are employed in Singapore, many who are employed are having improved life standards (Daquila, 2013). Over the recent past many technological companies are investing in Singapore leading to advanced technologies. How SIJORI investment can be beneficial to other communities As evident from the case study above, creation and establishment of trade investments is crucial to community development. Trading investments such as SIJOR when established in other geographical areas, communities in such areas will practically benefit in several ways. Trading investment will result into increased living standards of people in that particular area as seen in Singapore due to employment (Schaffner, 2013). Establishment of trading enables various foreign and domestic investors to make investments in a particular area as seen above. Moreover, establishment of trading investment in particular area leads to improved transport and communication network. As many firms get established in an area where such trading opportunity been provided they build up roads and improve communication infrastructure in order to accessible to the market (Daquila, 2013). Trading investments also provide members with training and better education in order to attract several investors who may interested with the provided skills. Trading investments such as SIJORI open ways for international investors to bring development in a particular area due to investment. Such investments also provide members of a given community with access to various regions within the alliance to acquire new skills and socials ways of life. References Bunnell, T., Grundy-Warr, C., Sidaway, J. D., Sparke, M. (2012). 43 Geographies of power in the IndonesiaMalaysiaSingapore Growth Triangle. International handbook of globalization and world cities, 465. Dahles, H. (2012). Transborder business: the" capital" input in Singapore enterprises venturing into ASEAN and beyond. SOJOURN: Journal of Social Issues in Southeast Asia, 249-273. Daquila, T. C. (2013). Singapore and ASEAN in the global economy: the case of free trade agreements. Asian Survey, 43(6), 908-928. Schaffner, J. (2013). Development economics: theory, empirical research, and policy analysis. Wiley.