Site Preparation Resumed at Wenan Steel Project in Malaysia
The Borneo Post reported that 10 million tonnes per annum Wenan Steel project at Samalaju Industrial Park in Bintulu in Malaysia is now at its site preparation stage. Malaysian Ministry of International Trade and Industry, Industrial Terminal and Entrepreneur Development said “The site preparation works on 700 acres of land for Phase 1 of this project is expected to be completed by April 2022 and the construction of the factory will commence thereafter. MYR 13.8 billion Wenan Steel targets to commence operation by end of 2024. When completed, the steel plant will be one of the major steel producers in the region.”
Due to the pandemic and the Movement Control Order, the project was facing some delay in its implementation.
The Wenan steel project is a large-scale modern comprehensive steel enterprise led by Hebei Xinwu'an Iron and Steel Group and MCC plans to jointly fund the construction. The project site is located in Samararu Industrial Park, Sarawak, Malaysia, covering an area of 8 square kilometers. As the EPC general contractor of this project, China Metallurgical Group plans to adopt overall planning and phased implementation, and finally achieve a steel production scale of 10 million tonnes. The first phase of the project has a total investment of 13 billion ringgit, and will start a 5 million tonnes production line, the main products are hot coils and sheets.