Oil storage tank planned in Batam
Thursday, September 1 2016 - 02:54 AM WIB
A Singapore-based company plans to develop a crude oil and fuel oil storage tank in Batam, Riau Islands Province, Bisnis Indonesia reported on Thursday.
The paper quoted Ricky Kusmayadi, Director of the Investment Coordinating Board (BKPM), as saying that the Singapore firm plans to invest a total of US$4.6 billion in the project.
He declined to disclose the identity of the Singapore firm. (*)