19 July 2013 10:01 [Source: ICIS news]
SINGAPORE (ICIS)--Bintulu Port Holdings has awarded a ringgit (M$) 306m ($98m) contract to construct and complete its proposed Samalaju port development project in Malaysia, the port operator said on Friday.
A joint venture of Malaysia’s Pekerjaan Piasau Konkerit and China Harbour Engineering Co has secured the deal, Bintulu Port Holdings said in a statement.
The Samalaju port development project is expected to be completed 30 months, it said.
Upon completion, the port in Sarawak state should be able to handle an annual cargo throughput of 18m tonnes/year.
The interim phase of the Samalaju development port – involving capital dredging and land reclamation work as well as construction of two barge berths – is scheduled to be operational by August this year, with the entire project due for completion by the second quarter of 2016, according to the website of Bintulu Port Holdings.
($1 = M$3.13)
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