PROPERTY developer Arthaland Corp. (ALCO) said on Monday it has signed an engineering, procurement and construction (EPC) contract with a unit of China Railway Group Ltd (CREC) and Malaysia’s Knusford Bhd for its 38-story office tower project in Cebu.

In a disclosure to the Philippine Stock Exchange (PSE), ALCO said it signed an EPC contract with China Railway Dongfang Group (CRDG), a unit of China’s CREC, and Knusford Bhd for general construction works as well as interior fit-out and interior furnishing services for the Cebu Exchange Tower project.

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