SINGAPORE (Sept 11): PEC, the plant and terminal engineering specialist, secured $250 million worth of new contracts with existing clients in its key Asia and Middle East markets.

These include a contract in the Middle East, where the Group will provide engineering, procurement and construction (EPC) works for a crude oil tank terminal with a storage capacity of 600,000 cubic metres.

When this project is completed in 2020, PEC would have built more than 2 million cubic metres of storage capacity in the Middle East, strengthening its established track record in storage terminal facilities there.

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