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.