Benalec’s entire Tg Piai project gets DOE approval


Benalec Holdings' subsidiary Spektrum Kukuh Sdn Bhd began reclamation works for Phase 1 of the Tanjung Piai Integrated Petroleum and Petrochemical Hub and Maritime Industrial Park in Johor in December 2015.

KUALA LUMPUR: Benalec Holdings Bhd has received the green light from the Department of Environment (DOE) for all three phases of its Tanjung Piai Integrated Petroleum and Petrochemical Hub and Maritime Industrial Park (TPMIP) project in Johor.

The marine construction firm said on Thursday that the Detailed Environmental Impact Assessment (DEIA) study submitted by 70% owned subsidiary Spektrum Kukuh and Johor State Secretary Inc for Phases 2 and 3 got the nod on Friday last week.

In a filing with Bursa Malaysia, the company said this was for the balance area of 2,407 acres of the total reclamation area of 3,487 acres.

The go-ahead for Phase 1 of the project had been received in January 2015.

The company said the DEIA approval encompassed the reclamation construction for all three phases of TPMIP, oil storage terminals and related marine facilities, which will be capable of accommodating vessels up to 350,000 deadweight tonnage.

“The approval also includes infrastructure components on TPMIP such as jetties, a land bridge connecting TPMIP to the mainland of Tanjung Piai, and drainage channel dredging activities in the waters of Tanjung Piai, Johor,” it added.

Reclamation works for Phase 1 began in December last year after the relevant approvals were secured, and there has been formation of land covering more than 100 acres at the project to date, Benalec group managing director Datuk Vincent Leaw Seng Hai said in a press statement.

The company said its reclamation and development works for the Pengerang Maritime Industrial Park at Teluk Ramunia, Johor, had also secured the development order and earthwork plan approvals.

According to reports, among the directors of Spektrum Kukuh are the Johor crown prince Tunku Ismail Idris Sultan Ibrahim and Daing A Malek Daing A Rahaman, who are said to be partners to Benalec in the Tanjung Piai project.

Benalec shares gained 3 sen to close at 50 sen on Thursday,with 1.665 million shares changing hands.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
   

Next In Business News

GLOBAL-LNG-Asian spot prices hit $10 on global supply disruptions
With superheroes and sci-fi, Disney+ outlook bright
Picasso oil painting sells for over US$100mil at New York auction
Oil prices jump as major US fuel pipeline restarts but COVID concerns cap gains
GLOBAL MARKETS-US and world stocks surge in recovery; dollar, bond yields dip
Short Position - Cryptocurrency, YTL Cement, vaccination
Coastal Contracts alters course
Pentamaster rides on solid demand
Weighing the need for a reverse mortgage
Growing Port Klang for years to come

Stories You'll Enjoy


Vouchers