Jakarta, 29 August 2023 – ASIC OFFSHORE & MARINE SDN BHD (ASIC) announced today that their Memorandum of Understanding with PT  (PESERO) (PT DKB) has risen to another level with a stronger long term revenue visibility of their short- and long-term projects together. Both companies has entered into a Memorandum of Understanding (MOU) last January 8, 2023 which was witnessed by The Honourable Prime Minister of Malaysia, YAB Dato’ Seri Anwar Ibrahim, YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI), TYT Dato’ Seri Diraja Dr. Zambry Abdul Kadir, Minister of Foreign Affairs together with Indonesian counterpart The Honourable Minister for Public Works and Housing Dr. Ir. M. Basuki Hadimuljono and The Honourable Minister of Foreign Affairs, Retno Lestari Priansari Marsudi during the event that was organised by Ministry of Investment, Trade and Industry (MITI) and Malaysia External Trade Development Corporation (MATRADE) facilitated by Embassy of Malaysia, Jakarta together with the Government of Republic Indonesia. 

Continuing the realization of the MOU signed earlier, His Excellence (H.E.) Dato’ Syed Md Hasrin Tengku Hussin, Ambassador of Malaysia to the Republic of Indonesia, representatives from State-Owned Operation (BUMN) Office, representatives from PT. Perusahaan Pengelora Aset (PPA) office, representative from Ministry of Investment, Trade and Industry (MITI), representatives of Malaysia External Trade Development Corporation (MATRADE) Malaysia and other representatives from Embassy of Malaysia in Jakarta, Indonesia did a courtesy visit to PT DKB’s head office, Tanjung Priok in North Jakarta earlier today with the aim to get the latest insight of the partnership between ASIC and PT DKB. In his opening speech of the courtesy visit event, Ambassador of Malaysia emphasized that the partnership between ASIC and PT DKB has strengthen the bilateral relations between Malaysia and Indonesia asides from increasing trade relations between both countries via the initial MOU that was signed earlier this year. He also added that the Government of Malaysia is always encouraging to have Direct Investment Abroad (DIA) via Malaysian banks and private investors to ensure successful establishment of Malaysian Brand in the global market.

According to the recent announcement made during the event today, ASIC OFFSHORE & MARINE SDN BHD and its local Indonesia company, PT ASIC ENERGI NUSANTARA are equipped with an outstanding order book that will sustain their earnings visibility for the next 2 years via the two-floating docks, new build barges and tugboats projects. In addition to these projects, ASIC will spearhead the project development of first green technology shipyard in Batam via partnership with PT DKB. A land concessionaire will be given to ASIC for this build, operate and transfer (BOT) project. The Batam green shipyard operation shall be a combined operation between ASIC and PT DKB with a projected gross domestic value (GDV) of RM2billion. With the combined synergy, both companies managed to plug the gap and able to rely on each other expertise - ASIC that specialized in engineering design, project management and execution coped with PT DKB's strength being a Badan Usaha Milik Negara (BUMN) to attract other local BUMN vessel owners to adopt this Batam green technology shipyard as their preferred shipbuilding and repairs destination.

Mr. Jazli Rahimi, Group Managing Director of ASIC OFFSHORE & MARINE SDN BHD said in his speech during the event, “ASIC strongly confident that the cooperation with PT DKB will further strengthen ASIC’s footprint particularly in Indonesia. The projects that ASIC bags are aligned with the pillar of Malaysia Madani which will be able to create over 1000 new jobs employment for both Malaysia and Indonesia countries including the young fresh graduates, providing more than RM250 million of Malaysian vendor export opportunities from potential Malaysian as well as investment opportunities for Malaysian banks and investors from this project and development of area surrounding Batam, Indonesia.” He further added “These high-profile projects shall also strengthen the ties and interest between Malaysia and Indonesia.”

Mr. Ari Rochmat Basuki, Group Managing Director of PT DOK DAN PERKAPALAN KODJA BAHARI (PESERO) added in his opening speech that the MOU collaboration shall strengthen their commitment towards providing a dynamic total solution to the market as PT DKB vision to create a one-stop-shop for their shipyards in Indonesia to simplify the shipbuilding ecosystem and bringing their expertise to the global market, with the aim of becoming an international shipbuilder in the world. He added “I am confident that our partnership with ASIC will create a unique synergy that will give us even greater ability to shall enhance our strong brand image and serve the economic growth in Indonesia, Malaysia and worldwide.’’ 

 About the MOU between ASIC OFFSHORE& MARINE SDN BHD and PT DOK DAN PERKAPALAN KODJA BAHARI 

 On January 8, 2023, ASIC OFFSHORE & MARINE SDN BHD(ASIC) have signed a Memorandum of Understanding with PT DOK DAN PERKAPALAN KODJA BAHARI (PESERO) (PT DKB) which was held at Hotel Grand Hyatt, Jakarta, Indonesia witnessed by The Honourable Prime Minister of Malaysia, YAB Dato’ Seri Anwar Ibrahim, YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI), TYT Dato’ Seri Diraja Dr. Zambry Abdul Kadir, Minister of Foreign Affairs together with Indonesian counterpart The Honourable Minister for Public Works and Housing Dr. Ir. M. Basuki Hadimuljono and The Honourable Minister of Foreign Affairs, Retno Lestari Priansari Marsudi. The event was organised by Ministry of Investment, Trade, and Industry (MITI) and Malaysia External Trade Development Corporation (MATRADE) facilitated by Embassy of Malaysia, Jakarta together with the Government of Republic Indonesia. According to the agreement, both ASIC and PT DKB will be able to fully leverage their expertise in their respective fields and work together more closely towards their common goal of capturing a bigger market share and more opportunities mainly in the areas of Oil & Gas and Maritime Industry specializing in Design & Engineering, New Building, Repair & Maintenance and Ship Management, in the short and long-term projects.

 About ASIC OFFSHORE& MARINE SDN BHD 

 ASIC Offshore & Marine Sdn Bhd was incorporated in the year 2005 as a 100% Bumiputera company. ASIC is an international services provider that provides conventional and unique technology and solutions in the fields of new build and in-situ repairs in the marine, offshore, and oil & gas industries for over 18 years. The company have progressed throughout the years embracing the core expertise in design & engineering, shipbuilding, maintenance, and repairs focusing on SEA, Qatar, South America, and Africa regions. As a testament of the company’s commitment to quality, ASIC has been accredited with ISO certifications and have also received several appreciations from plant owners, shipyard operators as well as vessel owners.

 About PT ASIC ENERGI NUSANTARA 

 In 2022, ASIC Offshore & Marine Sdn Bhd expanded their business by establishing PT ASIC Energi Nusantara to drive strategic initiatives for long-term economic development in Indonesia whilst pledging to demonstrate transfer of knowledge and technologies to promote Malaysia Oil & Gas and marine expertise in the region. The establishment of a local Indonesia company entity is to capture market share and strong foothold in the local industry for both short-term and long-term opportunities for engineering, shipbuilding, ship repair, financial investment for production instrument and production facilities, onshore and offshore engineering, fabrication, installation and commissioning services and offshore asset EPCIC projects for floating (FSO/FPSO/FLNG/Calm Buoys) and fixed platforms with Customer mainly from PT. Dok & Ship and Kodja Bahari (Persero) and any other major oil and for business shipbuilding and ship repair from national shipping company which in region of Indonesia. The synergy of joint venture partnership collaboration between these two companies – ASIC representing Malaysia and PT DKB representing Indonesia shall strengthen the business ties between two countries.

 About PT DOK DAN PERKAPALAN KODJA BAHARI 

 PT. Dok & Ship and Kodja Bahari (Persero) is a State-Owned Government Company (BUMN) of the result of the merger of 4 (four) Shipbuilding Companies in accordance with Government Regulation of the Republic of Indonesia back in 1991. Currently, PT. Dok and Kodja Bahari (Persero) have 8 (eight) Shipyards in Indonesia focusing on new build and upgrades of shipbuilding and ship repair focusing on BUMN companies in Indonesia as they are the largest State-Owned Government Shipyard in Indonesia.

For further information, please contact:
Ms. Farina Khalil, Group Executive Director, ASIC Group of Companies
DID: 603-27224661 / Mobile: 6012 6957458 / Email: farina.khalil@asicoffshore.com