This island could potentially be developed into an oil storage facility for an international oil company considering its strategic location and ease of getting in and out of both the Malacca Strait & the South China Sea.
A LITTLE ABOUT THE SINGAPORE & MALACCA STRAITS
The Singapore Strait is a 113 kilometer long (70 miles), 19 kilometer wide (12 miles) strait between the Strait of Malacca in the west and the South China Sea in the east. Singapore is on the north of the channel, and the Indonesian Riau Islands are on the south. The two countries share a maritime border along the strait.
It includes Keppel Harbour and many small islands. The strait provides the deepwater passage to the Port of Singapore, which makes it very busy. Approximately 100,000+ merchant ships traversed the waters on a daily basis in 2022.