WMIP Industrial Estate Supports the Entry of Oil and Gas Investment in Batam

PT Batam Sentralindo (PT BS) as the developer of the Westpoint Maritime Industrial Park (WMIP) industrial area, supports the efforts of the Indonesian government and the Riau Islands Provincial Government (Riau Islands) to make Batam an investment destination in the oil and gas sector. PT BS also opened itself to be able to cooperate with investors who will invest in Batam.

"We have built and developed the WMIP industrial area which has a strategic location in Batam. A portion of the 75-hectare WMIP area has also been leased by Sinopec Group for the construction of an oil depot with a capacity of 2.6 million m3, "said Senior Manager of PT Batam Sentralindo Paulus Khierawan.

Paulus explained the location of the WMIP industrial area is only about 4.8 km from the Straits of Melaka with a sea depth of 23-25 ​​meters. With its strategic location and competitive advantage, this industrial area can accommodate 300,000 DWT VLCC-Very Large Crude Carriers. In Accordance with Industrial Estate Business Licenses (IUKI) owned, the WMIP area can be developed up to 320 hectares.

"There is an area of ​​245 hectares that is being worked on for the expansion area at WMIP that can be used for the construction of oil refineries, downstream sectors such as petrochemicals, and also methanol plants that use feedstock from Natuna natural gas. As developers, we open ourselves to invite the entry of oil and gas investors to Batam which is also a Free Trade Zone and Free Port Zone (FTZ), "explained Paulus.

As one of the leading industrial estates in Batam, WMIP has received the status of Construction Direct Investment (KLIK) from the Investment Coordinating Board (BKPM). 

    This KLIK status also proves that the WMIP area has fulfilled the infrastructure facilities and facilities standards set by BKPM. With the KLIK facility, the project's physical construction can be directly carried out simultaneously with the licensing process through the assistance of industrial estate management.

"As WMIP developers, we are always compliant and obedient to follow the applicable rules and regulations. The administrative order we always carry out is part of a commitment to provide legal certainty for investors who will invest in WMIP, "Paulus said.

Investor Daily,  Page-10, Tuesday, June 16, 2020