PEC secures S$103 mil in new contracts

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SINGAPORE (April 17): PEC announced Wednesday that it has secured S$103 million worth of new contracts in Asia with existing clients.

The group says the contract wins came on the back of an improving outlook of the process industry and its established reputation within the industry.

Among the contracts secured, two will see PEC providing engineering, procurement and construction (EPC) of two storage facilities in Singapore and Malaysia. Both projects are expected to be completed within...(click on link for full story on