PETALING JAYA: Marine construction services firm Benalec Holdings Bhd has entered into a memorandum of understanding (MoU) with Pestech International Bhd for exclusive exploratory efforts in the establishment of power supply infrastructure to the Tanjung Piai Integrated Petroleum and Maritime Industrial Park (TPIPMIP) in Pontian, Johor.
The company said in a stock exchange filing that it was looking to develop TPIPMIP into a large-scale integrated petroleum, petrochemical and maritime industries and other oil and gas-related services industrial park covering 3,485 acres in Johor.