Lafarge Malaysia railway supply contract suspended

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Malaysia: A US$70m contract with Lafarge Malaysia to supply cement for the East Coast Rail Link project has been suspended by China Communications Construction pending a government review. The deal was originally announced in March 2018. The cement producer said that the suspension is not expected to have any significant financial impact its operations in the period up to the suspension, as completed work shall be compensated for in accordance with the terms and conditions of the contract. However, going forward the company could not rule out any negative financial impact following the government review of the project.Lafarge Malaysia railway supply contract suspended

Last modified on 18 July 2018

URL: https://www.globalcement.com/news/item/7777-lafarge-malaysia-railway-supply-contract-suspended

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