07
Jun
09:57
Malaysian engineer plans Kuantan shipyard
Malaysian construction, engineering and industrial conglomerate Muhibbah Engineering Bhd says it is acquiring land at Kuantan to develop a shipbuilding and offshore engineering centre. Kuantan is due to see a Chinese-invested 3.5 million tonnes/year steelworks commissioned by the end of next year, Kallanish notes.
Muhibbah will buy 500 acres for MYR 26.45 million ($6.44m) to develop a Kuantan Maritime Hub over the next 10 years for its shipyard division. The pla…
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