The award marks a significant milestone for PEC as it advances through the final approval process with global Export Credit Agencies and project finance lenders.

CNCEC was selected following a rigorous evaluation process that considered technical expertise, financial strength, and project execution capabilities. As a leading global engineering and construction group, CNCEC brings the resources, extensive experience in world-scale energy and petrochemical projects, and familiarity with Honeywell UOP technologies, which form a key part of PEC's process design. Supported by a strong track record of delivering large-scale projects safely, efficiently, and on schedule, CNCEC is a highly capable partner for the successful execution of the Pengerang Energy Complex.

Commenting on the award, a PEC spokesperson said:

"The award of the EPCC works to CNCEC marks an important milestone for the Pengerang Energy Complex Project. It reflects the Project's continued progress towards construction and our commitment to delivering a world-scale facility."

This collaboration also marks a significant step in strengthening the strategic partnership between PEC and CNCEC and is expected to support future opportunities for cooperation on PEC's planned energy and petrochemical developments.***