RM300m copper granule plant at KKIP
Published on: Saturday, December 09, 2023
Phoong (seventh left) and others posing in front of the KKIP site.
Kota Kinabalu: Sabah is getting a substantial RM300 million investment from South Korea through Curix Sdn Bhd, a joint venture between Malaysian firm LS EVC and SK Nexilis, on 8.6 acres in the Kota Kinabalu Industrial Park (KKIP).
State Industrial Development and Entrepreneurship Minister Datuk Phoong Jin Zhe said the investment aligned with Sabah’s strategic vision for industrial growth and economic diversification, and the move symbolised a collaborative effort between Sabah and Korea.
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“We anticipate that this initiative will not only enhance our technological capabilities but also contribute to the community by providing skilled employment opportunities.
“The Sabah Government remains committed to supporting investments that drive industrial development and job creation.
“This substantial investment reinforces Sabah’s appeal as a preferred destination for industrial development,” he said Friday.
Curix Sdn Bhd plans to produce 50,000 to 56,000 tonnes of copper granule, a vital raw material for SK Nexilis’ copper foil manufacturing plant within KKIP.
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This strategic endeavour is projected to significantly boost the local economy by generating around 70 high-quality job opportunities.
In addition, Phoong inaugurated the Electric Vehicle (EV) charging station at the V21 Residence Sales Gallery in KKIP, underscoring KKIP’s dedication to sustainability by providing two complimentary EV chargers.
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The chargers, equipped with Type 2 connectors and boasting a 3-phase 22kW capacity, cater efficiently to various electric vehicle sizes.
Operated through the MY TEISON app, they offer a hassle-free experience for EV owners.
The initiative was aimed to foster the wider adoption of electric vehicles and reflected the Government’s commitment to environmentally conscious practices.
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