Eastern Petroleum Services is said to have played a key role in bringing about the investment.
Construction of the facility is expected to begin next February.
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SOLUTIONS
ASIA
Petrochem plant pitched for Terengganu
Road Builders (M) Holdings Bhd has received a manufacturing licence from the Malaysian Industrial Development Authority (MIDA) to develop a petrochemicals-based manufacturing facility in Kemaman, Terengganu. A yet to be identified foreign investor is to inject around US$100 million for the project with the Singapore-based Eastern Petroleum Services being the primary project development consultant.
11 December 2003
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