JCorp identifies potential investments worth RM17.4bil for Pengerang

TheStar Mon, Jun 22, 2020 09:20am - 3 years View Original

Yesterday, JCorp held a briefing on the PIP development which were attended by the Chief Secretary to the Government Datuk Seri Mohd Zuki Ali, JCorp president and chief executive Datuk Syed Mohamed Syed Ibrahim(pic), a delegation comprising members of the Federal Projects Steering Committee (FPSC) at the Pengerang Integrated Petroleum Complex (PIPC), as well as senior officers of the Johor state government

JOHOR BARU: Johor Corp (JCorp) has identified potential investments worth RM17.4bil for the Pengerang Industrial Park (PIP) near Kota Tinggi, which will become the premier regional hub for the processing of downstream products based on oil and gas (O&G).

JCorp in a statement said the potential investments, among others would involve aromatics complex operations, petrochemical plant as well as support services related to O&G industries.

It said among the products to be produced was raw materials in the form of liquid and pellet for the manufacture of various plastic products for industrial use such as industrial plastic bags.

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