SembEnviro announced that it has created a joint venture with Alex Fraser of Australia to build Singapore's first construction and demolition waste recovery facility.
SembCorp Industries’ wholly-owned subsidiary SembCorp Environmental Management entered into a joint venture with Alex Fraser Pty of Australia to run Singapore's first comprehensive automated construction and demolition waste recovery facility.
The joint venture company will be named SembEnviro Alex Fraser with SembEnviro holding 75 percent of the equity of the company.
The cost of the facility is estimated to be around $8 million