Datuk Seri Mohd Shafie Apdal’s five-day working trip to China has resulted in 12 MoUs worth about RM20m signed involving local companies and Chinese investors. — Bernama pic
The MoUs include a joint-venture agreement between Jesselton Birost Sdn Bhd and Zhejiang Zhou Shan Run Energy Co Ltd to construct and manage the integrated refinery and oil storage terminal in the Sipitang Oil and Gas Industrial Park, which is expected to cost around RM16.5 billion. The chief minister was accompanied by his wife Datin Seri Shuryani Shuaib, Deputy Chief Minister Datuk Wilfred Madius Tangau who is also Sabah Trade and Industry Minister, as well as 32 businessmen representing various industries in Sabah.
Mohd Shafie also delivered a keynote address on trade and investment opportunities in Sabah, jointly organised by the Sabah Trade and Industry Ministry and the Shenzhen Trade Bureau.
Source: News Formal (newsformal.com)
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