Keppel Infrastructure Holdings unit clinched $40m pipe rack project
It will construct pipe racks along parts of Banyan Drive, Banyan Avenue and the Jurong Island Highway.
Keppel Infrastructure Holdings’ subsidiary Pipenet has secured a contract to design, build and operate pipe racks on Jurong Island for approximately $40m, an announcement revealed.
The contract was awarded by JTC to Pipenet for the construction of pipe racks along parts of Banyan Drive, Banyan Avenue and the Jurong Island Highway which is slated to be completed by 2020. The project will be operated by Pipenet for 15 years, with JTC having the option to extend for another 15 years, Keppel highlighted.
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Pipenet provides pipe corridor rental services to companies that need to transport chemical feedstock and products in Singapore, whilst also offering a portfolio of utilities services such as steam, de-mineralised water, fire-fighting water and other support services to companies in Singapore.
“Pipenet owns and operates an extensive pipeline corridor network which is located on the island, with the majority stretch running along the Jurong Island Highway,” Keppel Infrastructure added. “The existing corridor connects the Merbau region to the Banyan and Tembusu regions on Jurong Island, and runs through the chemical cluster at the Sakra region.”