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Mooreast signs agreement to build manufacturing facility in Scotland for the production of subsea foundations

Felicia Tan
Felicia Tan • 4 min read
Mooreast signs agreement to build manufacturing facility in Scotland for the production of subsea foundations
Sim Koon Lam, CEO of Mooreast (right) with Andy Rodden (left), director, offshore renewables of ETZ Ltd and Ivan McKee (centre), Scotland’s minister for business, trade, tourism and enterprise.
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Catalist-listed Mooreast Holdings (SGX:1V3) has signed a collaboration agreement with ETZ to explore establishing a manufacturing facility in Aberdeen, Scotland, to produce subsea foundations. The facility is also for the consolidation and assembly of mooring components for the floating offshore renewable energy sector.

ETZ is a not-for-profit organisation that seeks to protect and create jobs in Northeast Scotland.

In accordance with the agreement which was signed in Singapore with ETZ’s offshore renewables director Andy Rodden and witnessed by Scotland’s minister for business, trade, tourism and enterprise, Ivan McKee, Mooreast will work with ETZ to establish a hub aimed at safeguarding the Scottish renewable industry and promoting employment opportunities.

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