KUALA LUMPUR: ChemOne Group has announced that the Pengerang Energy Complex (PEC) project is on track to receive export guarantee facilities of around US$2.4 billion (US$1=RM4.40) by the end of the year.
In a statement today, ChemOne, which is the master developer of the project, said the PEC would complete its financial closing in late 2022 as per financing terms and schedule agreed with leading global export credit agencies.
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