CREC to build oil terminal at Asia Petroleum Hub


  • Markets
  • Saturday, 13 May 2017

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).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

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