RI pipeline project revived

Tue, 31 Oct 2000 | Source: AFP

SINGAPORE (AFX-ASIA): L&M Group Holdings Ltd. said it has signed a heads of agreement with PT Siwani Trimitra Tbk to co- operate in reviving pipeline projects entered into by unit Van Der Horst Ltd. with Pertamina.

Van Der Horst, which was recently acquired by L&M Group, had invested up to US$60 million in these projects involving the construction, procurement, engineering, consultancy, design of pipeline and satellite depots for Pertamina, it said.

View JSON | Print