Not KK One launching but Fujian event
Published on: Saturday, October 19, 2019
By: David Thien
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KOTA KINABALU: The Sabah-Fujian Investment and Trade Cooperation Project Launching Ceremony last Monday was not about launching KK One Project, but more on what the China province of Fujian can offer investors as well as what Fujian investors can offer places along the Belt and Road Initiative in terms of projects development.

The KK One Project is just one such proposals among other possibilities.

With reference to the Assemblyman for Tanjung Aru, Datuk Junz Wong, who is also the Minister of Agriculture and Fishery’s reported comments on the premature KK One Project launch, the matter might have been due to the press focussing on the real estate redevelopment of the abandoned Star City proposal instead of on the Fujian investment matters meant more for the business community.

The event at Hilton here was attended by about 300 Malaysia and China guests, including the Mayor and President of the Federation of Chinese Associations Malaysia, Tan Sri Dr TC Goh, officiated by Deputy Chief Minister Datuk Seri Panglima Wilfred Madius Tangau cum Minister of Trade and Industry and Director-General Wu Nanxiang of the Fujian Provincial Department of Commerce.

Feng Chuibin, President of Fusun International Holding Limited and Skyrich Development Sdn Bhd and Acting Consul-General Zhang He of the Consulate General of the People’s Republic of China in Kota Kinabalu also addressed the audience on ties between China and Sabah which receives hundreds of thousands China tourists every year.

Junz was right, the proposal for the KK One Project is being circulated around government departments in the process of obtaining the required approvals. 

After a deluge of telephone enquiries on the Daily Express report Tuesday, the project professionals involved requested for anonymity due to the call distractions becoming nuisance affecting their work and privacy.

Other China speakers who presented their talks at the Fujian Sabah Economic and Trade Promotion Conference segment were Ma Guowu of the Division of Asian Affairs, Fujian Provincial Department of Commerce on Win-Win Cooperation and Joint Development for Mutual Benefit; Madam Lin Chenglan, Chairman of Fujian Catering Culture Promotion council and President of Fujian Qioting Smart Technology Co., Ltd; Madam Wang Yueying, the General Manager of Fujian Hairong Haisi E-Commerce Co., Ltd.

Wang Yueying promoted import and export to and from the world with her firm’s Yuanhong Online B2B trading platform for food integrating high quality resources of the global food industry, gather information on the global food market, introduces international logistics, customs commodity inspection, cold chain storage, supply chain financing besides others to build an efficient food industry ecosystem.

Wang promises, “Cost-effective cold warehousing and cold chain logistics. Yuanhong Online provides professional cold chain warehousing with capacity of one million tons, free for three years.”

Her company also provides one-stop services such as online trading, global direct purchasing, customs clearance, warehousing and logistics, supply chain financing for domestic and overseas customers.

Wang highlighted her first Yuanhong International Food Fair in Fuqing, China from Sept 10 to 11, 2019 which was free for her firm’s customers to participate.

“There are 500 offline exhibitors and some 1,000 to 2,000 online exhibitors in this first trade fair with 2,000 professional local and overseas buyers at the conference event.”

She said customers who have made payment settlement in Yuanhong Online registered in Yuanhong International Industrial Park for food will get to enjoy preferential refund of the full amount of China’s retained tax from the date of settlement until December 2023.


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