Tiong Woon wins in Malaysia and Myanmar

Singapore-based Tiong Woon Corporation Holding has signed contracts in Myanmar and Malaysia to supply heavy equipment and marine transport for oil and gas projects.

The project in Malaysia is contracted through Tiong Woon Crane & Transport (M) with Malaysia Marine and Heavy Engineering. It is for an offshore fabricator project in Pasir Gudang, Malaysia.

The Myanmar contract is the group's first foray into the country and a representative office will be set up there, said Ang Kah Hong, Tiong Woon chairman and managing director. The contract relates to a pipeline-laying project in Myanmar for which Tiong Woon will supply cranes and marine transportation.

Both contracts will run for at least a year, and work is scheduled to start by the end of 2011.

"We are delighted and thrilled by these business opportunities before us. We will be capitalising on our strengths in heavy lift and haulage. As for Myanmar, it is a new frontier for us, and we are excited to start prospecting for possibilities there," Ang said.

"Despite the current global economic sentiment, we are still attending to lots of enquiries and are participating in a number of tenders, here and overseas," Ang added.