CREC to build oil terminal at Asia Petroleum Hub


Big contract: Liow (back row, centre) and Dr Wee (back row, second from left) witnessing the MoU signing ceremony between Lim (seated, centre), Fajarbaru Builder Sdn Bhd director and COO Toh Teong Hock (seated, right) and China Railway Engineering Corporation deputy general manager Sun Hang (seated, left) on the construction of Asia Petroleum Hub oil terminal in Johor. With them are (back row, from left) CREC general manager Cai Zemin, Smart Crest Sdn Bhd director Kerbin SC Chia, and MCA treasurer-general Tan Sri Kuan Peng Soon.

RM1.8bil contract comes days after collapse of Bandar Malaysia deal

BEIJING: China Railway Engineering Corporation (CREC) has been awarded a contract worth US$400mil (RM1.8bil) for the construction of the oil terminal of the just-revived Asia Petroleum Hub (APH).

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , crec

   

Next In Business News

No one escapes closing costs
AI revolution in property industry
Simplifying pre-approved home loans
Ringgit likely to trade higher next week
GREEN GROWTH PLAN
99 Speed Mart 3Q numbers driven by outlet expansion
Short-term pain, long-term gain
Tailwinds in private aircraft servicing
5G saga transmits mixed signals
BiiB makes big strides in running

Others Also Read