Kota Kinabalu: Kota Kinabalu Industrial Park (KKIP) will gain from a substantial domestic direct investment of RM70 million by Life Water Industries Sdn Bhd which has acquired 8.16 acres in it for a state-of-the-art bottling plant comprising of a beverage factory, warehouse and office.
STATE Industrial Development and Entrepreneurship (Mide) Minister Datuk Phoong Jin Zhe said Sabah is forging ahead in investments in green technology, renewable energy, downstream industries and low-energy-intensity sectors.
THE State Ministry of Industrial Development and Entrepreneurship (Mide) was allocated RM41,675,439.74 under the last State budget for distribution among various agencies such as Sabah Economic Development Corporation (Sedco), Kota Kinabalu Industrial Park (KKIP Sdn Bhd), POIC Sabah Sdn Bhd and Sabah Oil & Gas Development Corporation Sdn Bhd (SOGDC Sdn Bhd).
The total spent to date was RM20,666,968.90.
KOTA KINABALU (Oct 23): South Korean investor SK Nexilis announced its first shipment of copper foil from its factory here.
State Industrial Development and Entrepreneurship (MIDE) Minister Datuk Phoong Jin Zhe said the inaugural shipment weighing 80 tonnes had an estimated export value of RM1.9