CREC to build oil terminal at Asia Petroleum Hub


Dateline 2017-05-13, The Star:

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).

Smart Crest Sdn Bhd, which has an oil terminal at Westport, signed a framework agreement to award the engineering, procurement and construction (EPC) to CREC here yesterday.

At the signing ceremony, Smart Crest’s chief executive officer Datuk Lim Kian Boon said the contract is worth US$400mil and Fajarbaru Builder Sdn Bhd will be the local joint venture partner in-charge of civil works.

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