Business

Sabah sealed a RM4.2 bil deal and 400 jobs from copper manufacturing.

KOTA KINABALU: Sabah government seals a RM4.2 billion worth of investment with SK Nexilis that will create 400 jobs for locals.

Sabah Industrial Development minister Datuk Dr Joachim Gunsalam was refering to the lease agreement for SK Nexilis’s copper foil manufacturing plant at the industrial park here.

Joachim, who is also K.K.I.P. Sdn Bhd chairman, exchanged signed documents with SK Nexilis chief executif officer Han Saegyu.

In his speech, Dr Joachim welcomed the signing of the Lease Agreement saying it is indeed a very important event especially for the Sabah State Government.

“On behalf of the Sabah government, we welcome SK Nexilis with its RM4.2 billion worth of investment in Sabah, which will create 400 jobs for people in this State.

“Thank you to SK Nexilis for making this possible. Thank you also to the hard work of the local team headed by our former MID Permanent Secretary, Datuk Madiyem Layapan, and to all the agencies within MID, as well as MIDA and MITI, DBKK, Director of the State Lands and Survey Department, State Attorney General Office, SESB, Sabah Water Department, SEC and K.K.I.P. Sdn Bhd,” he said.

Dr Joachim said the State Government hopes this is only the beginning, as it is also in negotiation for investors in the glass factory from China.

Chief Executive Officer (CEO) of K.K.I.P Sdn Bhd, Datuk Ir. Melvin Disimond, and other K.K.I.P. Sdn Bhd board members were also present.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.