CHEC Wins $39M Marunda Deal

Business & Finance

China Harbor Engineering Company (CHEC), a subsidiary of China Communications Construction Company, recently won a bid for the EPC project (engineering, procurement and construction) in Marunda Industrial Park, Indonesia.

The bid is for the Lot 1B of the central terminal project with a contract value of approximately $39 million and a construction period of 15 months.

Located in Jakarta, the project involves construction of a 40,000t berth and a 30,000t berth, channel and basin dredging works with the removal of some 2.4 million cubic meters of soil.

Winning the bid will play a positive role in consolidating the company’s advantage in the Indonesian hydraulic engineering market and developing new businesses.