Pestech bags RM32m Cambodian substation project

Pestech International Bhd bagged a US$7.34 million (RM31.8 million) contract for a project in Cambodia, which entails works for the 230/11kV Okvau Transmission Substation for the Okvau Gold Mine.

Pestech said the project is the first gold mine transmission substation asset to be undertaken by its subsidiary Pestech (Cambodia) Plc and had commenced on March 1 and will be completed within 12 months of commencement.

The Okvau Gold Project, which is owned by Australia-listed mining firm Emerald Resources NL, an Australian-listed mining firm, through its subsidiary Renaissance Minerals (Cambodia) Ltd, involves the development of the Okvau Deposit in the Mondulkiri province of eastern Cambodia.

In full: https://www.theedgemarkets.com/article/pestech-bags-rm32m-cambodian-substation-project

© 2020, All rights reserved.