RM1.5b centre in KK and RM80m Musang King plantation plan
Published on: Friday, September 15, 2017
NANNING: Several investment projects were presented at a recent trade and investment seminar and business matching here which include a proposed RM1.5 billion Bimp Eaga Commercial Development Centre in Kota Kinabalu. Another is a Musang King durian plantation project in Tawau with a proposed project cost of RM 80 million and a RM 500 million five-star tourism project in Tuaran. The seminar and business matching session also saw a MoU signing ceremony with a project value of RM 100 million between Medical Supplies (Sabah) Sdn. Bhd. headed by Datuk Nancy Ho and a pharmaceutical Hu Nan Bei Shi Jian Yi Yao Ke Ji Co. Ltd.
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The signing highlighted the interest and confidence of Chinese companies in investing in the economic and SME sectors of the BIMP EAGA grouping. A total of 300 participants comprising Chinese businessmen and entrepreneurs from BIMP EAGA countries with Malaysia with the largest number of participants attended the event held at the Grand Metropark Hotel Nanning in conjunction with the 14th China Asean Business and Investment Summit and 14th China Asean Exposition. This event was jointly organised by the Asean China Centre and BIMP EAGA Facilitation Centre through the BIMP EAGA Small and Medium Enterprise Development Working Group which is presently chaired by Ministry of Industrial Development Sabah Permanent Secretary Datuk Hashim Paijan. Stay up-to-date by following Daily Express’s Telegram channel.
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Fifteen Sabah SME's supported by the Department of Industrial Development and Research also participated in the 14th China - Asean Expo (CAEXPO) from Sept 12-15.
