Which companies are collaborating on the Batam green shipyard project?

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Companies Collaborating on the Batam Green Shipyard Project

Asic Offshore & Marine Sdn Bhd (Asic) and PT Dok dan Perkapalan Kodja Bahari (PT DKB) are collaborating on the development of the first green technology shipyard in Batam, Indonesia. This project, with an estimated gross development value of RM2 billion, will be jointly operated by the two companies.
Asic Offshore & Marine Sdn Bhd's Role

Asic Offshore & Marine Sdn Bhd is an engineering, onshore, and offshore repair company involved in this significant venture. The company will be provided with a land concessionaire arrangement for the build, operate, and transfer project of the Batam green technology shipyard.
PT Dok dan Perkapalan Kodja Bahari's Involvement

PT Dok dan Perkapalan Kodja Bahari, a shipyard company based in Jakarta, is the Indonesian partner in this collaboration. PT DKB will jointly operate the green technology shipyard alongside Asic, contributing to its establishment and ongoing operations.
Project Scope and Impact

The Batam green technology shipyard project is expected to create over 1,000 jobs for both Malaysian and Indonesian citizens. Furthermore, it is anticipated to generate export opportunities for Malaysian vendors valued at over RM250 million, alongside investment prospects in the project and its surrounding development areas.
Bilateral Relations and Investment Support

The partnership between Asic and PT DKB is seen as a strengthening of bilateral ties between Malaysia and Indonesia. The Malaysian government actively encourages direct foreign investments through Malaysian banks and private investors to support the successful establishment of Malaysian brands in the global market.

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Which companies are collaborating on the Batam green shipyard project?

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