Demand seen for limestone


The group expected great demand for aggregates and other construction materials with the ongoing construction of the Pan Borneo Highway project. Phase one of the project involves construction and upgrading of 706km of road estimated to cost RM12.8bil.

KUCHING: Borneo Oil Bhd is banking on the Sabah portion of the Pan Borneo Highway project and the soon-to-be commissioned cement plant, the first in Sabah, to bolster the sales of limestone.

The company has recorded a sharp drop in the sales of limestone, which stood at 100,986 tonnes in first quarter ended Sept 30, 2018 from 435,000 tonnes in the preceding quarter.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read