RM10bil Sabah International Industrial Park proposal for Kimanis
Published on: Wednesday, March 15, 2023
Chief Minister Datuk Seri Hajiji Noor was briefed on the matter during a courtesy call by a joint delegation Mar 13, 2023. (JKM pic)
Kota Kinabalu: A local group Kina Ventures Sdn Bhd and an investor group from Taiwan plan to work together to build a proposed RM10 billion 20,000-acre Sabah International Industrial Park and new port in a joint venture with the Sabah State Government in Kimanis.
Chief Minister Datuk Seri Hajiji Noor was briefed on this during a courtesy call by a joint delegation from Kina Ventures and the Taiwanese investors led by Kina Ventures Chairman Datuk Maijol Mahap at his office in Menara Kinabalu, here, on March 13, according to a statement.
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The entire development when completed will have a projected end gross development value of approximately RM200 billion or more with tens of thousands of job and business opportunities to be created for the local people and with long-term handsome tax revenue to the State Government.
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