Sabah contributes to ETP goals
Sabah Energy Corporation Sbd has announced it will contribute an estimated RM5 billion to Malaysia’s RM115 billion realized investment target. The company, a state run venture in Sabah, focuses on gas retailing, property development, marine and offshore centralized logistic support services and facilities, and development of energy resources. Sabah is also actively promoting its palm oil production in peninsular Malaysia to increase its overall footprint.
Sabah’s increased investments are in part to help Malaysia achieve its Economic Transition Programme, which hopes to bring developed nation status to the country by 2020. Renewable energy, palm oil production, gas production, and tourism are all industries that can help realize the goal, and Sabah plays a role in each of them. They will be working with the Malaysian Investment Development Authority to promote their new ventures and ensure success.
Sabah Energy Corporation Sbd has announced it will contribute an estimated RM5 billion to Malaysia’s RM115 billion realized investment target. The company, a state run venture in Sabah, focuses on gas retailing, property development, marine and offshore centralized logistic support services and facilities, and development of energy resources. Sabah is also actively promoting its palm oil production in peninsular Malaysia to increase its overall footprint. Sabah’s increased investments are in part to help Malaysia achieve its Economic Transition Programme, which hopes to bring developed nation status to the country by 2020. Renewable energy, palm oil production, gas production, and tourism...
Sabah Energy Corporation Sbd has announced it will contribute an estimated RM5 billion to Malaysia’s RM115 billion realized investment target. The company, a state run venture in Sabah, focuses on gas retailing, property development, marine and offshore centralized logistic support services and facilities, and development of energy resources. Sabah is also actively promoting its palm oil production in peninsular Malaysia to increase its overall footprint.
Sabah’s increased investments are in part to help Malaysia achieve its Economic Transition Programme, which hopes to bring developed nation status to the country by 2020. Renewable energy, palm oil production, gas production, and tourism are all industries that can help realize the goal, and Sabah plays a role in each of them. They will be working with the Malaysian Investment Development Authority to promote their new ventures and ensure success.
