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Sembcorp Industries and Batamraya Sukses Perkasa enter partnership for low-carbon industrial parks in Batam.
Jun 15, 2025•11 months ago
Contract Type
partnership
IndiaEnergyOil And GasRenewable EnergyBiomass EnergyDescription
During the 15th Singapore-Indonesia Six Bilateral Economic Working Groups Ministerial Meeting, Sembcorp Industries and Batamraya Sukses Perkasa signed an affirmation letter to collaborate on low-carbon industrial parks in the Batam, Bintan and Karimun region. This partnership aims to advance sustainability initiatives and enhance economic cooperation between Singapore and Indonesia.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months