(From left): Iler, Tok Bali Supply Base Sdn Bhd chairman and director Tengku Datuk Mohamad Rizam Tengku Abdul Aziz, Mustapa and Malaysian Investment Development Authority chief executive officer Datuk Azman Mahmud.
KUALA LUMPUR: The Tok Bali Supply Base (TBSB) in Pasir Puteh, Kelantan, which will begin operations in April to support oil and gas (O&G) activities off the state’s coast, is expected to attract up to RM1bil worth of investments in the next three years.
“At present, over 100 companies have expressed interest to invest in Tok Bali. In the next two to three years, we expect RM500mil worth of investments, which can go up to RM1bil, depending on how fast they build the facilities,” International Trade and Industry Minister Datuk Seri Mustapa Mohamed said at a press conference yesterday on the supply base’s progress.
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