Strategy Exclusives » Industry & Trade » An Island of Possibilities – Batam’s Fast Growing Energy Hub

An Island of Possibilities – Batam’s Fast Growing Energy Hub

Kris Wiluan, founder of Citramas Group, reveals why an island in the Riau Islands Province of Indonesia is rapidly growing into one of the most important destinations in South East Asia for the growing global oil and gas industry.

Founder of Citramas Group
Published: 2013

Batam, a little known Island, puts itself on the map of the glo- bal oil giants as a place where rigs, oilfield and tubular goods that comply with international specifications and standards can be built and manufactured. Today, Batam – a designated Free Trade Zone, equipped with modern state-of-the-art facilities, infrastructure, knowledge on know-how to serve both the upstream and downstream activities of the energy industry, is poised for growth as Asia joins the world’s energy race. Tracing the development of Batam over the last two decades with Kris Wiluan, a pioneering entrepreneur on the island, provides a good insight into the history and potentials in this island as well as the abundant opportunities still waiting to be explored.

Batam Rises
Back in the 1970s, Batam was a sleepy fishing village inhabited by fishermen and their families. Looking at Batam today, one can- not help but be amazed by its speed of development over such a short period of time. In the 1970s, Kris, convinced about the potential that the island had to offer, started his oil and gas company. This marked the beginning of the Citramas Group–an Indonesian oil and gas manufacturer, fabricator and rig builder, whose internationally accredited products and services are used in oilfields globally spanning Canada, the Americas, Europe, China and Australia.


Facebook Twitter Google+