Propel Global Berhad (Propel Global), a provider of oil and gas services, today announced the signing of a Memorandum of Understanding (MOU) with China State Construction Engineering Corporation (CSCEC) in a press statement.

The MOU with CSCEC marks a significant step in Propel Global's strategic initiative to expand its footprint into large-scale infrastructure projects in Malaysia.

Under the MOU, Propel Global and CSCEC will explore potential collaboration in the construction of critical infrastructure, including data centres, telecommunication towers, hospitals, water treatment plants, and various other commercial, residential, industrial, and infrastructure projects. CSCEC, being a global leader in construction and development with operations in over 100 countries, brings a wealth of experience in large-scale construction projects.

Looking ahead, the Group is well-placed to capitalise on opportunities in Malaysia's oil and gas sector, particularly through increased upstream activities and potential spillover effects from engineering, procurement, construction, and commissioning (EPCC) projects, as well as the construction sector while continuing to deliver value to shareholders.