Sabah's first sugar factory, aquaculture project to create 1,000 direct job opportunities


KOTA KINABALU: Sabah’s first sugar refinery factory and an aquaculture project are set to take off in a year.

Chief Minister Datuk Seri Hajiji Noor witnessed the signing of a Memorandum of Understanding (MoU) totalling RM235mil between the Sawit Kinabalu Group and two domestic investors here on Monday (April 19).

The companies involved were Borneo Lestari Sdn Bhd, owned by two Sabahan businessmen, and Selangor-based Admuda Sugar Sdn Bhd.

Both projects were investment initiatives under the five-year Halatuju Sabah Maju Jaya (SMJ) plan.

Hajiji, who is also chairman of the Sawit Kinabalu Group, said the Halatuju SMJ, launched last month, has started to bear fruit.

He said the signing of the MoU reflected good collaboration by the parties involved and he was confident that the Sawit Kinabalu Group will be able to maintain its position as a progressive state GLC.

Sawit Kinabalu Group will be partnering with Admuda Sugar to set up a sugar refinery plant in Kimanis, Papar and a barramundi (siakap) breeding aquaculture project with Borneo Lestari at Langkon, Kota Marudu.

Admuda Sugar's investment is estimated to be worth RM150mil that would be developed on 32ha (79 acres) of land owned by Sawit Kinabalu Group in Kimanis.

The sugar refinery plant, the first in Sabah, will be producing sugar under the brand Gula Kinabalu. It is expected to be operational in a year's time.

Borneo Lestari is expected to put in a total investment of RM85mil in the four-phased aquaculture project on 14ha (35 acres) of land belonging to Sawit Kinabalu Group in Langkon.

Using the Recirculating Aquaculture System, the project is capable of producing a minimum 1,000 tonnes of barramundi annually, to a maximum of 1,250 tonnes.

Both projects are expected to create a total of 1,000 direct job opportunities and another 1,000 indirect jobs.

Hajiji said under the SMJ development blueprint, the state government was making it easier for Sabah to attract more domestic and foreign investors.

Signing for Sawit Kinabalu Group was its managing director Bacho Jansie, while Admuda Sugar was represented by its director Datuk Seri Raja Sulaiman Raja Shariff and Borneo Lestari by its director Irwin Wong.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
   

Next In Nation

WTCKL's AstraZeneca vaccination centre ramps up to 8,100 doses per day starting Saturday (May 15)
ICU capacity at breaking point, MOH pleads for Malaysians follow SOP
Duo detained at Bayan Lepas mall, fined for inter-district travel
Covid-19 situation worrying, Pahang MB tells people to follow SOP
Joint action by Muslim countries, Palestinian supporters, can resolve Arab-Israeli conflict, says Dr M
Health Ministry to consider extending quarantine period to 21 days for those returning from India
PM expresses condolences to Wong Sai Wan’s family, says veteran newsman will be greatly missed
Man slashed to death in bushes by assailants near Teluk Intan, two friends also hurt
King, Queen convey condolences to archer Haziq's family
Kedah police rule out foul play over case of teen found dead after private party

Stories You'll Enjoy


Vouchers