Bernama
Score Gets RM28 Billion In Investments
Edited by : AL CIRCLE
2 min read
The Sarawak Corridor of Renewable Energy (Score) has attracted 14 mega projects worth a total of RM28.55 billion from 2009 to August this year.
Sarawak Industrial Development Minister, Datuk Amar Awang Tengah Ali Hasan, said the approved projects were predominantly in the energy intensive industries such as aluminium smelting plants, and ferro alloy projects among others.
"Eleven of these projects are located at Samalaju Industrial Park, out of which four companies namely Press Metal Bintulu Sdn Bhd, Tokuyama Corporation Japan, Asia Mineral Ltd (Hong Kong) and OM holdings Ltd (Singapore) have already commenced construction works," he said at the winding-up speech for his ministry at the State Legislative Assembly sitting here today.
The aluminium smelting plant in Mukah has been in operation since 2009, he said.
Among the energy-intensive industries to be set up under Score are aluminium, glass, steel and oil-based plants as well as marine engineering.
Located within the central part of Sarawak, the area stretches 320 kilometres along the coast from Tanjung Manis to Similajau, extending into the surrounding areas and the hinterland.
The core of the corridor will be harnessing energy resources, particularly hydropower (28,000 megawatts), coal (1.46 billion tonnes), and natural gas (40.9 trillion square cubic feet) found abundantly within the region.
Overall, he said, Sarawak was leading in the highest proposed capital investment in the country based on the statistics from January to August this year by the Malaysian Investment Development Authority (MIDA).
"Sarawak leads the total investments with proposed value of RM7.3 billion, Johor second with RM6.0 billion and Selangor third with RM5.9 billion," he said.
Sarawak Industrial Development Minister, Datuk Amar Awang Tengah Ali Hasan, said the approved projects were predominantly in the energy intensive industries such as aluminium smelting plants, and ferro alloy projects among others.
"Eleven of these projects are located at Samalaju Industrial Park, out of which four companies namely Press Metal Bintulu Sdn Bhd, Tokuyama Corporation Japan, Asia Mineral Ltd (Hong Kong) and OM holdings Ltd (Singapore) have already commenced construction works," he said at the winding-up speech for his ministry at the State Legislative Assembly sitting here today.
The aluminium smelting plant in Mukah has been in operation since 2009, he said.
Among the energy-intensive industries to be set up under Score are aluminium, glass, steel and oil-based plants as well as marine engineering.
Located within the central part of Sarawak, the area stretches 320 kilometres along the coast from Tanjung Manis to Similajau, extending into the surrounding areas and the hinterland.
The core of the corridor will be harnessing energy resources, particularly hydropower (28,000 megawatts), coal (1.46 billion tonnes), and natural gas (40.9 trillion square cubic feet) found abundantly within the region.
Overall, he said, Sarawak was leading in the highest proposed capital investment in the country based on the statistics from January to August this year by the Malaysian Investment Development Authority (MIDA).
"Sarawak leads the total investments with proposed value of RM7.3 billion, Johor second with RM6.0 billion and Selangor third with RM5.9 billion," he said.
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