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HomeMaritime NewsRegionsAsiaBatam looks to boost SME support for shipyard sector

Batam looks to boost SME support for shipyard sector

Batam looks to boost SME support for shipyard sector
Indonesian authorities look like they are at least attempting to put some organisation into building up the shipbuilding industry in Batam. A plan by the Agency for the Assessment and Application of Technology (BPPT) will establish a shipyard industrial cluster to develop small and medium enterprises' (SMEs) capabilities in supplying the needs of the industry in Batam.

According to local media, the plan was forged with the signing of a memorandum of understanding (MoU) between the BPPT and the Batam Free Trade Zone Management Agency (BPK FTZ) on Friday.

SMEs in Batam have not been able to fully support the fast-growing shipbuilding industry because most SMEs are not directly linked to the industry and agency aims to synchronize these smaller companies and help them supply to the existing shipyards.

TAGS: Shipyards Indonesia
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