SD Plantation in renewable energy move


SD Plantation group managing director Datuk Mohamad Helmy Othman Basha.

KUALA LUMPUR: Sime Darby Plantation Bhd (SD Plantation) plans to expand its offerings by participating in the proposed Kerian Integrated Green Industrial Park (KIGIP), an initiative driven by the federal government in close collaboration with the Perak state government.

SD Plantation group managing director Datuk Mohamad Helmy Othman Basha said it intends to collaborate with its largest shareholder Permodalan Nasional Bhd in this 404.68ha development, strategically located in SD Plantation’s Tali Ayer Estate in Perak.

“A joint proposal was submitted to the Investment, Trade and Industry Ministry in February,” he said in a statement yesterday.

SD Plantation said it plans to capitalise on its vast landbank in Malaysia to create a lucrative and sustainable revenue stream. — Bernama

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