KOTA KINABALU, Dec 8 — Nine investment proposals from both domestic and foreign sources worth RM882 million have been received for the Palm Oil Industrial Cluster Lahad Datu, the Sabah state legislative assembly was told today.
“These 35 companies have created 2,214 jobs with an investment value of RM 3.53 billion,” he told the state assembly during his winding-up speech on the state’s budget for next year. This has resulted in 242 factories and 21 training institutes and research and development centres, providing 10,500 jobs. South Korea’s SK Nexilis has invested RM4.2 billion to produce copper foil, creating 7,000 jobs in the building stage and 400 employment opportunities on full operation by September 2023.
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