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HTVB/Shougang/Chinaco – Kemaman Eastern Steel Complex – Terengganu - Project Profile

HTVB/Shougang/Chinaco – Kemaman Eastern Steel Complex – Terengganu - Project Profile

Synopsis

"HTVB/Shougang/Chinaco – Kemaman Eastern Steel Complex – Terengganu - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "HTVB/Shougang/Chinaco – Kemaman Eastern Steel Complex – Terengganu - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Hiap Teck Venture Bhd (HTVB), Shougang Group (Shougang) and Chinaco Investment Ltd (Chinaco) joint venture is undertaking the construction of a steel complex in Kemaman district, Terengganu, Malaysia.

The project involves the construction of a steel manufacturing plant with a capacity of 3 million tonnes per annum (MTPA). It is being implemented in two stages.

The first stage includes the construction of a blast furnace with a capacity of producing 700,000 tonnes per annum (TPA) of steel slabs and 350,000TPA of coke, and the second stage includes the construction of another blast furnace with a capacity of 1.5MTPA of steel slabs and 700,000MTPA of coke.

It also includes the construction of a manufacturing unit, a distribution unit, administrative office and warehouses, and the installation of safety and security systems.

In July 2011, HTVB entered into a construction contract with China Shougang International Trade and Engineering Corp ( a subsidiary company of Shougang Group) for the first stage.

In December 2011, construction work on the first stage commenced.

In May 2013, HTVB received US$46.5 million funding from the Malaysia government and Bank Pembangunan Malaysia Bhd.

In February 2015, 700,000TPA of the slab was commissioned.

Scope

The project involves the construction of a steel manufacturing plant with a capacity of 3MMTPA at Teluk Kalung in Kemaman, Kemaman district, Terengganu, Malaysia.

The US$574 million project includes the following:

1. Construction of a manufacturing unit

2. Construction of a distribution unit

3. Construction of administrative office

4. Construction of warehouses

5. Installation of safety and security systemsReasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix

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