PIPC 2nd phase seen to attract RM5bil in investment


Minister in the Prime Minister’s Department Datuk Seri Mustapa Mohamed (pic right)said that the Johor Petroleum Development Corp Bhd (JPDC) is looking into getting the new investment from the downstream oil and gas industry as well as other supporting activities.On the left is Johor Petroleum Development Corporation Berhad's (JPDC) Mohd Yazid Jaafar

ISKANDAR PUTERI: The Pengerang Integrated Petroleum Complex (PIPC) is expected to attract RM5bil in investment during the second phase of its development between 2020 and 2025.

Minister in the Prime Minister’s Department Datuk Seri Mustapa Mohamed (pic right)said that the Johor Petroleum Development Corp Bhd (JPDC) is looking into getting the new investment from the downstream oil and gas industry as well as other supporting activities.

“JPDC is targeting new investments in PIPC involving the development of petrochemical production plants, the opening of new industrial areas as well as the expansion of activities that started in the first phase of its development between 2012 and 2019.

“During first phase, the federal government channelled a development allocation of RM2.48bil for 25 work packages.

“This was for the construction of highways and roads, upgrading works of federal roads, the construction of drainage and drainage networks in industrial areas, as well as the construction of public facilities such as fire and police stations, health clinics, fisheries complexes and schools in the PIPC area.

“The Johor government has also channelled an allocation of about RM1bil for the construction of new settlements in Pengerang to enable industrial development to continue, ” he said after a briefing with the JPDC in a hotel here in Iskandar Puteri yesterday.

Also present was JPDC chief executive Mohd Yazid Ja’afar.

He also said JPDC will be intensifying its training programme during the second phase of PIPC’s development to improve skills of the local workforce and provide them with better employment opportunities.

“Between 2013 and March 2021, JPDC implemented 58 skills upgrading programmes, involving 4,097 Malaysian workers who received training from 12 training institutions.

“The programme is in line with the needs and demands of the industry and has succeeded in generating a recruitment rate of about 95%. During the second phase, JPDC will also work with the state government and industry investors in PIPC to improve the skills and technical qualifications of local contractors and entrepreneurs, ” he said. ─ By Venesa Devi

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