Dialog Group is considering further investments in petrochemical plants within the Pengerang Integrated Complex.
The group is exploring opportunities to further develop its investment in the Pengerang Deepwater Terminal its director of corporate services Chew Eng Kar told reporters following the company’s AGM.
He said: ‘We have enough land, so there are opportunities where we can move on to the petrochemical industry. We are discussing with partners and are exploring these opportunities but have yet to make any firm decisions.’
In its first quarter 2019 financials, the company says that the expansion of phase 1 is currently on going and that phase 2A, the dedicated petroleum and petrochemicals terminal for RAPID remains on track for full completion in early 2019.
Additional, progress has been made for phase 3 with the signing of a MoU with the State Government of Johor Darul Ta’zim and the State Secretary, Johor to invest and develop common tankage facilities and deepwater marine facilities to support and promote the petroleum and petrochemicals storage and handling tank terminal business.
Land reclamation activities for phase 3, which will be developed on 300 acres of land, have started, and Dialog are in discussion with potential customers for this phase.