Sabah receives nine investment proposals worth RM882m for POIC Lahad Datu, says deputy CM | Malay Mail

Sabah receives nine investment proposals worth RM882m for POIC Lahad Datu, says deputy CM

Sabah, İnvestment

8/12/2021 6:16:00 PM

Sabah receives nine investment proposals worth RM882m for POIC Lahad Datu, says deputy CM

KOTA KINABALU, Dec 8 — Nine investment proposals from both domestic and foreign sources worth RM882 million have been received for the Palm Oil Industrial Cluster (POIC) Lahad Datu, the Sabah state legislative assembly was told today. Deputy Chief Minister Joachim Gunsalam said the potential...

channel for the latest updates.KOTA KINABALU, Dec 8 — Nine investment proposals from both domestic and foreign sources worth RM882 million have been received for the Palm Oil Industrial Cluster (POIC) Lahad Datu, the Sabah state legislative assembly was told today.

Is It Real? When Everyone Looked At The Photo They Worried

Deputy Chief Minister Joachim Gunsalam said the potential investments can generate 320 jobs, and at present, there are 35 companies, both local and foreign, operating in POIC Lahad Datu.“These 35 companies have created 2,214 jobs with an investment value of RM 3.53 billion,” he told the state assembly during his winding-up speech on the state’s budget for next year.

Joachim, who is also Sabah Industrial Development Minister, also revealed that the Kota Kinabalu Industrial Park (KKIP) has managed to draw investments worth RM3.4 billion to date.This has resulted in 242 factories and 21 training institutes and research and development centres, providing 10,500 jobs. South Korea’s SK Nexilis has invested RM4.2 billion to produce copper foil, creating 7,000 jobs in the building stage and 400 employment opportunities on full operation by September 2023. headtopics.com

“KKIP Sdn Bhd is also in discussion with five domestic and foreign investors in various sectors with investments worth RM4.95 billion and a potential 2,585 jobs,” he added.Meanwhile, Joachim said only Sabah Ammonia Urea (SAMUR) is operating in the Sipitang Oil and Gas Industrial Park (SOGIP) with an investment of RM6 billion and 500 workers.

Derma darah 166 kali sejak 1997 | Harian Metro

He revealed that four projects have been approved in principle by the board of the Sabah Oil and Gas Development Corporation (SOGDC) with investments estimated at RM16.2 billion and potentially creating 49,070 job opportunities in SOGIP. — Bernama

Read more: Malay Mail »

Police will probe Terence's claim that drink was spiked [NSTTV] | New Straits Times

IPOH: Police will probe the claim by Pasir Bedamar assemblyman Terence Naidu that his drink was meddled with before his arrest for allegedly testing positive for drugs at an entertainment outlet in Penang on Thursday, said Narcotics Criminal Investigation Department (CID) director Datuk Ayob Khan Mydin Pitchay.

Sabah Youth and Sports Ministry hopes for increased allocation in 2022 Sabah Budget | New Straits TimesKOTA KINABALU: It is hoped that a higher allocation will be considered for the Sabah Youth and Sports Ministry under the 2022 state budget to ensure that all youth development programmes can be implemented.

Mahkamah Persekutuan kekalkan pembebasan lelaki Sabah dari tahanan | The Malaysian InsightPanel tiga hakim memutuskan kelewatan 36 hari pegawai untuk kemuka laporan kepada menteri dalam negeri adalah tidak memuaskan.

Sabah collects RM1.5 billion sales tax on petroleum products | The Malaysian InsightTotal more than RM1.25 billion initial expectation due to hike in commodity price.

Sabah govt trying to raise quota of housing for hardcore poorKOTA KINABALU: The Sabah government is looking into increasing the quota of housing programmes for the hardcore poor (PPRT) in the state, the Sabah state assembly was told on Tuesday (Dec 7). Why need quota for hardcore poor? Should all hardcore poor be untitled?

Sabah earns RM1.4b via petroleum sales tax in 2021 | Malay MailKUALA LUMPUR, Dec 7 — Sabah has projected an earning of RM1.4 billion from the newly-implemented sales tax from oil and gas companies this year, Chief Minister Datuk Seri Hajiji Noor said today. Hajiji said the number was revised from the initial RM1.25 billion, due to the increase in global... So, where will the money goes to? Will it be used to help the people in needs, or...?

Sabah has no plans to reduce tax on crude palm oil, says HajijiKOTA KINABALU: Sabah is not planning to reduce the tax on crude palm oil anytime soon, although the tax is among the highest in the country, says Chief Minister Datuk Seri Hajiji Noor.