Pengerang given special status and incentives for chemical and petrochemical industries
7 October 2022, Kuala Lumpur – Johor Petroleum Development Corporation Berhad (JPDC) welcomes the announcement by the Minister of Finance of Malaysia during the tabling of the 2023 Budget in Parliament today that Pengerang is given special status and incentives for chemical and petrochemical activities. Izhar Hifnei Ismail, Acting Chief Executive of JPDC, says that such status will boost the appeal of Pengerang Integrated Petroleum Complex (PIPC), a 22,904-acre (9,269 hectares / 92.69 square km) area planned for downstream oil and gas and petrochemical industries in Pengerang, Johor, as an investment destination for chemical and petrochemical activities.
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