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PEC kickstarts 2018 with $40 mil worth of new projects

Samantha Chiew Published on Thu, Jan 25, 2018 / 6:37 PM GMT+8

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SINGAPORE (Jan 25): PEC, the provider of integrated projects and maintenance solutions to oil & gas, petrochemical, terminal and pharmaceutical industries, has won contracts worth about $40 million in Singapore and Southeast Asia thus far for 2018.

Under these contracts, the group will provide engineering and construction services for local and overseas petrochemical clients.

The projects are expected to be completed by the end of 2018 and have a positive contribution to the group’s earnings for FY18.