Another RM300mil investment for Sabah from South Korea conglomerate

Phoong (right) listening to a briefing by the SK Nexilis management team on the manufacturing process technology of copper foil.

KOTA KINABALU: Sabah has secured another RM300mil investment from SK Group, the second-largest conglomerate in South Korea.

“This comes after SK Nexilis (as part of SK Group’s electric vehicle value chain) invested RM4.2bil to construct the world's largest copper foil manufacturing plant in Sabah (since 2021),” said state Industrial Development and Entrepreneurship Minister Phoong Jin Zhe here on Friday (July 28).