Fri, 25 Apr 2025
Headlines:
Green Tech Park being set up
Published on: Friday, June 07, 2024
Published on: Fri, Jun 07, 2024
Text Size:
Text:
Green Tech Park being set up
Hajiji, accompanied by Sawit Kinabalu Group’s Board of Directors, signing a plaque to officiate the opening of Sawit Kinabalu’s new headquarters.
Kota Kinabalu: Sawit Kinabalu Group will become the pioneer of Green Technology in Sabah through the establishment of the Sawit Kinabalu Green Technology Park, in the State Government’s efforts in achieving the Sustainable Development Goals.

Sawit Kinabalu, through its subsidiary Sawit Palm Oil Industrial Cluster Sdn Bhd (SPOIC), signed a Memorandum of Understanding (MoU) with Nextgreen Global Berhad (NGGB) for the establishment of the park.

Advertisement
Chief Minister Datuk Seri Hajiji Noor, who is also the Chairman of Sawit Kinabalu, witnessed the signing of the MoU at Sawit Kinabalu’s new headquarters in Block B, Menara Kinabalu, Thursday.

Both parties will explore and implement establishing a Collection and Processing Centre (CPC), Pulp Mill, Raw Water Treatment Plant and Steam Boiler on a 400-acre plot belonging to SPOIC in Sandakan.

SPONSORED CONTENT
This event coincides with its proposed listing on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities"), scheduled for 30 April 2025.
GTP’s green business concept emphasises renewable energy, recovery and waste elimination which is the basis for a green economy that can reduce environmental risks and further drive Sawit Kinabalu towards sustainable development.

Sawit Kinabalu was represented by Group Managing Director and Chief Executive Officer Victor Ationg while NGGB Group Managing Director Dato’ Lim Thiam Huat represented the company. Datin Stella Ambrose of Sawit Kinabalu and Dato’ Mohd Yusof Din (NGGB) were witnesses for the two entities.

Advertisement
Earlier, opening Sawit Kinabalu’s new headquarters, Hajiji also witnessed the presentation of a business zakat payment of RM800,000 for 2023 by Sawit Kinabalu, presented by Victor, to Sabah Islamic Religious Council (Muis).

Victor said Sawit Kinabalu Group is committed to continuing to fulfil its obligation to pay business zakat to help economic growth and community empowerment, based on the profits recorded by the company following the performance of CPO oil prices which are expected to increase in the future. 

Advertisement
Meanwhile, the Sabah Energy Council (MTS) has approved various initiatives, including exploring new renewable energy sources, that will help achieve and sustain a 30 per cent generation reserve margin and address power shortage in the State.

MTS, in its inaugural meeting, Thursday, agreed on feasibility studies on new energy sources such as wind, geothermal and low-head submersible Hydropower projects to increase Sabah’s renewable energy mix. 

Other proposals by the Energy Commission of Sabah (ECoS) included an interim extension of viable existing power plants, purchasing power from biomass plants, ensuring completion of ongoing Large Scale Solar (LSS) projects and additional new LSS, procuring capacity from Sarawak, implementing Battery Energy Storage Systems (BESS), additional natural gas-fired power plants as transitional fuel and revival of Geothermal plant. 

The completion of the Sabah Hydropower Development Master Plan by the end of this year is also expected to support the State’s power generation initiatives. 

As for the long-term plan, the State Government is exploring new technologies like Small Modular Reactors (SMRs) in collaboration with the Federal Government and Ocean Thermal Energy Conversion (OTEC) under the Sabah Blue Economy Plan following the recent approval of the OTEC Enactment 2024 in the State Legislative Assembly.

The Chief Minister stressed that the State Government is committed to a sustainable energy future for Sabah through the implementation of the Sabah Energy Roadmap and Masterplan 2040 (SE-RAMP 2040) that was launched on Sept 19 last year.

“SE-RAMP 2040 outlines various strategies and initiatives to balance energy needs and ensure energy security, affordability and environmental sustainability,” he said, adding that the MTS meeting focused on addressing Sabah’s current energy challenges, including capacity shortage and grid stability as well as planning to meet the electricity demand needs over the medium and long term. 

He also called for collective action from all stakeholders, which is vital to ensure the successful implementation of these plans and initiatives.

Earlier, Hajiji said the role of the MTS approved by the State Cabinet on March 6 this year was to ensure the efficacy of the SE-RAMP 2040 strategies and initiatives. 

The MTS chaired by the Chief Minister comprises 11 permanent members, namely the Works Minister, Industrial Development and Entrepreneurship Minister, State Secretary, Finance Ministry’s Permanent Secretary, Works Ministry’s Permanent Secretary, Industrial Development and Entrepreneurship Ministry’s Permanent Secretary, State Economic Planning Unit Director, Sabah Maju Jaya Secretariat Chief Coordinating Officer, ECoS Chairman and ECoS Chief Executive Officer.

The respective CEOs of the Sabah Energy Corporation Sdn Bhd, SMJ Energy Sdn Bhd and Sabah Electricity Sdn Bhd are invited members. 

MTS was set up following the handing over of power regulatory authority from the Federal Government to Sabah and to replace the Sabah Tariff and Electricity Supply Implementation and Planning Committee (JPPPET). 
* Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss.

* Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.
Advertisement
Share this story
Advertisement
Advertisement
Follow Us  
Follow us              
Daily Express TV  
© Copyright 2025 Sabah Publishing House Sdn. Bhd. (Co. No. 35782-P)
close
Try 1 month for RM 18.00
Already a subscriber? Login here
Try 1 month for RM 18.00
open
Try 1 month for RM 18.00
Already a subscriber? Login here