The contract was awarded by Malaysian Bio-XCell Sdn Bhd (“Bio-XCell”) – a joint venture company between Malaysian Biotechnology Corporation Sdn Bhd (BiotechCorp) and UEM Land Holdings Bhd.
Based in Nusajaya, Wilayah Iskandar, Malaysia, the new 150-acre park is being created as part of an initiative by the Malaysian Government to develop its healthcare and industrial biotechnology facilities.
Umberto della Sala, Interim Chief Executive Officer, Foster Wheeler AG, described the deal as exemplifying confidence in Foster Wheeler’s technology. He said, “This award reflects value we are able to add in helping our clients to develop a robust design basis upon which to obtain engineering, procurement and construction bids, and also demonstrates Bio-XCell’s confidence in our technical and project management capabilities.”
Della Sala added, “Malaysia is a strategically important market for us, in which we are extending our client base and expanding our local operation to provide comprehensive, high-quality services to Malaysian and international clients.”
... to continue reading you must be subscribed
