Resourcehouse Limited (“Resourcehouse” or the “Company”), an international diversified resources company, entered, entered into a memorandum of understanding with China Communications Construction Company Ltd. (“China Communications Construction”) in relation to the engineering, procurement and construction (“EPC”) contract for the construction of the port facilities and associated infrastructure for the Galilee Coal Project, Northern Export Facility.
China Communications Construction is a large transportation infrastructure group in the PRC principally engaged in the design and construction of transportation infrastructure, dredging and heavy machinery manufacturing. It is a leading port construction and design company in the PRC.
Professor Clive Palmer, Chief Executive Officer and Executive Director of Resourcehouse, said, “We are pleased to work with China Communications Construction, which has extensive experience as EPC contractors. We believe China Communications Construction will offer us its wealth of infrastructure construction experience and project execution skills for the development of the Galilee Coal Project.”
This MOU is another significant step forward on the Galilee Coal Project after Resourcehouse named MCC Overseas Ltd, a subsidiary of Metallurgical Corporation of China Limited (MCC) as EPCM contractor earlier this year.