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Article: MMC may clinch US$5b Saudi job
- Article from:
- New Straits Times
- Article date:
- October 16, 2008
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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Sharen Kaur
New Straits Times
10-16-2008
MMC may clinch US$5b Saudi job
Byline: Sharen Kaur
Edition: Main/Lifestyle
Section: Business Times
Type: Company
INFRASTRUCTURE group MMC Corp Bhd is in the running to win a US$5 billion (RM17.6 billion) independent water and power project (IWPP) in Saudi Arabia.
Director and chief executive officer Hasni Harun said MMC is part of a consortium with a Saudi Arabian and an international firm that has been named preferred bidder for the project, which will have capacity to produce one million cubic metres (m3/day) of water per day and 1,100 megawatts (MW) of electricity.
"We are close to completion (of the bid) and will know the results by December. We are ...
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