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Kota Kinabalu: A RM1 billion integrated clinker and cement plant will be built in Pinangah, Tongod, to ensure a consistent cement supply and lower prices in Sabah.

A joint-venture agreement was signed today between Sedco and Sri Alam Setia Sdn Bhd that will see the setting up of Borneo Cement (Sabah) Sdn Bhd to spearhead the project.

Chief Minister Datuk Seri Hajiji Noor witnessed the signing ceremony at Menara Kinabalu, here.