Norwegian oil and gas engineering group Aker Kvaerner ASA will open a manufacturing center in Malaysia’s Port Klang Free Zone, becoming the first investor in the Southeast Asian country’s new hub for shipping and commerce. Aker Kvaerner, through a Malaysian subsidiary, will invest 175 million ringgit (US$48.6 million; euro38.5 million) to develop the center in the zone located in Malaysia’s key western harbor of Port Klang, officials representing the zone said in a statement late Monday.
Green Marine
about 20 years ago
Norway’s Aker Kvaerner becomes first investor in new Malaysian shipping zone
Norwegian oil and gas engineering group Aker Kvaerner ASA will open a manufacturing center in Malaysia’s Port Klang Free Zone, becoming the first investor in the Southeast Asian country’s new hub for shipping and commerce. Aker Kvaerner, through a Malaysian subsidiary, will invest 175 million ringgi
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