Asia
Offshore fabrication yard set for Port Klang
Kuala Lumpur: TH HEAVY Engineering Bhd (THHE), a subsidiary of Tabung Haji (TH), is about to buy around 80 hectares of land in Pulau Indah, Port Klang, for RM150m.
THHE plans to set up an offshore oil and gas fabrication yard in Port Klang to aid Petronas. THHE is filling the void left by MISC which has scaled back its fabrication resources recently. [07/01/13]