PETALING JAYA: Tanco Holdings Bhd
has entered into a heads of agreement (HoA) with CCCC Dredging Southeast Asia Sdn Bhd (CDSA) to detail further aspects of the development of a proposed smart container port in Port Dickson, Negri Sembilan.
In a statement, Tanco said the non-binding agreement establishes the framework for consideration of CDSA’s appointment as the engineering, procurement and construction (EPC) contractor for the port.
“The EPC work carries a maximum contract value of RM3.53bil, subject to final design, costing, and commercial terms.
“The sea port component is expected to be constructed within three and a half years once work commences.”
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