MPA signs S$2.4b deal for first phase of Tuas Terminal
Contract awarded to joint venture between Belgian firm Dredging Int'l Asia Pacific and South Korea's Daelim Industrial
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Singapore
THE Maritime and Port Authority of Singapore (MPA) has inked a S$2.42 billion deal to develop the first phase of the Tuas Terminal, it said in a statement on Thursday.
The contract was awarded to a joint venture (JV) between Belgian firm Dredging International Asia Pacific and South Korea's Daelim Industrial. The JV will also tap local firms' capabilities, the authority said.
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