Singapore-Based JinGangShan Launches $43B Secure Asset Sanctuaries
JinGangShan Association launches SGD $43 billion development project across Indonesia and Malaysia, featuring ultra-secure facilities and cultural heritage preservation initiatives.
Aerial view of the planned Bintan Citadel development site on Bintan Island, Indonesia
Strategic Development Aims to Create Regional Wealth Protection Hub
The JinGangShan Asia-Pacific General Association has unveiled ambitious plans for two landmark developments valued at SGD $43 billion across Indonesia and Malaysia, marking a significant expansion of Singapore's growing influence in regional wealth management.
The flagship projects include the ultra-secure Bintan Citadel and a bi-national Life Memorial Services Park, positioned as next-generation sanctuaries for asset protection and cultural heritage preservation. The development comes as Singapore continues to strengthen its position as a regional technology and innovation hub.
Strategic Location and Security Features
Located on Bintan Island, Indonesia, the SGD $40 billion Bintan Citadel project will feature:
- State-of-the-art underground fortress with reinforced security systems
- Offshore financial Free Trade Zone
- Premium residential facilities with "Second Home" living options
- Advanced surveillance and protection systems
The development's focus on security and asset protection aligns with Singapore's reputation for maintaining robust security standards in the region.
Cultural Heritage and Business Integration
The SGD $3 billion Life Memorial Services Park component includes:
- The Grand Sarira Museum spanning 2,700 acres
- Traditional Chinese garden-inspired memorial spaces
- International convention and exhibition facilities
- Integrated lifestyle amenities
Regional Economic Impact
The development is expected to strengthen economic ties between Singapore, Indonesia, and Malaysia, while establishing a new paradigm for secure asset management in Southeast Asia. The project has garnered support from global partners, including AECOM and environmental innovation enterprise Napital.
Wei-Ling Tan
Tech and economy specialist, covering innovation in Southeast Asia from Singapore for both English-language and regional media outlets.