Foreign companies that have shown interest in investing in the Pengerang Integrated Petroleum Complex (PIPC) are re-strategising their commitments, taking into account the global economic slowdown.
Johor Petroleum Development Corporation Bhd (JPDC) chief executive Mohd Yazid Ja'afar said that with this new development, the companies might come in phases or on a smaller scale, such as targeted complexes.
"We are in the final stage of discussions with two foreign parties at present.
"They are re-assessing their positions and undertaking another feasibility study on the product cost, as well as re-looking the whole value chain," he said, when breaking fast with the media on Wednesday.
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Johor Petroleum Development Corporation Bhd (JPDC) chief executive Mohd Yazid Ja'afar said that with this new development, the companies might come in phases or on a smaller scale, such as targeted complexes.
"We are in the final stage of discussions with two foreign parties at present.
"They are re-assessing their positions and undertaking another feasibility study on the product cost, as well as re-looking the whole value chain," he said, when breaking fast with the media on Wednesday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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