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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
PIPC , investment , Mustapa Mohamed , JPDC ,

Next In Business News

Ge-Shen stays ahead of the game
Freight takes flight
Translating strategy into execution
Genting’s debt, equity divide
Data centres face power test
Ringgit expected to trade in tight range against US dollar next week
Malaysia’s diversified economy, fiscal buffers to cushion external shocks
Yayasan Sime Darby initiatives reach over 7.2 million Malaysians
The cost of leasehold properties
Beaches on borrowed time

Others Also Read