KUALA LUMPUR: S P Setia Bhd and the Rimbunan Hijau Group have signed a Sino-foreign joint venture (JV) contract with Qinzhou Jingu Investment Co, Ltd to develop the China-Malaysia Qinzhou Industrial Park (QIP).
The Sino-foreign JV company, China-Malaysia Qinzhou Industrial Park Development Co, Ltd (JV Co), will develop the QIP and is expecting to generate a gross revenue of RM2.7bil (5.2 billion renminbi) from the QIP’s start-up phase.
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