EPC projects in UK, Qatar challenging: Keppel CEO

KEPPEL Corporation's new chief executive, Loh Chin Hua, says the group is "working hard under challenging conditions" to deliver its engineering, procurement and construction (EPC) infrastructure projects with minimal losses.

He said in Keppel's annual report released yesterday: "Conditions on the ground have been very difficult. We continued to face challenges on the EPC contracts in Qatar and the UK, where cost overrun…