China firm to invest RM8.9bil in Sabah mill


BEIJING: A Chinese enterprise has signed a contract with Pandawa Sakti Sdn Bhd to construct a wood pulp mill in Sipatang, Sabah.

Pandawa Sakti managing director Lim Sue Beng said the investment from China CEC Engineering Corporation was worth US$2.66bil (RM8.9bil) and targets an annual output of one million metric tonnes of wood pulp.

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