Consortium led by Keppel unit bags S$52.5m JTC deal
Singapore
JTC Corporation has awarded a S$52.5 million contract to a consortium consisting of Keppel Corp's unit Keppel Infrastructure Holdings and Asia Projects Engineering for a Jurong Island pipelines project, following an open tender.
Led by energy solutions provider Keppel Infrastructure through its subsidiary Pipenet, the consortium is tasked with designing and building two 48-inch crude oil pipelines and ancillary facilities along parts of Banyan Drive, Banyan Avenue and the Jurong Island Highway, Keppel Corp said on Tuesday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
DigitalBridge-backed Vantage said to weigh Hong Kong data centres sale
Vietnam delays launch of new stock trading system
Tesla’s plan for affordable cars takes page from Detroit rivals
Meituan to debut in Riyadh as expansion beyond China quickens
Mapletree Industrial Trust to distribute S$13 million of divestment gains over next 4 quarters
K-pop agency Hybe’s internal strife wipes out 1.2 trillion won