Sarawak Aluminium Smelter deal with China and the UAE

Aluminium-SmelterSarawak state is set to host a new joint venture between Chinese and Malaysian investors.  An aluminum smelter plant will be built by the Aluminum Corporation of China and a group led by Malaysian and UAE investors.  It will be built in Samalaju Industrial Park, an area designated for new heavy industry manufacturing, and promises to produce 370,000 tons a year.  Aluminum use is rising at about 4% a year.

Both the Chinese premier and Malaysian premier were on hand to witness the signing of the agreement, which is set to benefit many Asian countries.  Aluminum use is rising with massive construction and infrastructure projects dominating much of China and Malaysia.

 



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Sarawak state is set to host a new joint venture between Chinese and Malaysian investors.  An aluminum smelter plant will be built by the Aluminum Corporation of China and a group led by Malaysian and UAE investors.  It will be built in Samalaju Industrial Park, an area designated for new heavy industry manufacturing, and promises to produce 370,000 tons a year.  Aluminum use is rising at about 4% a year. Both the Chinese premier and Malaysian premier were on hand to witness the signing of the agreement, which is set to benefit many Asian countries.  Aluminum use is rising with...

Aluminium-SmelterSarawak state is set to host a new joint venture between Chinese and Malaysian investors.  An aluminum smelter plant will be built by the Aluminum Corporation of China and a group led by Malaysian and UAE investors.  It will be built in Samalaju Industrial Park, an area designated for new heavy industry manufacturing, and promises to produce 370,000 tons a year.  Aluminum use is rising at about 4% a year.

Both the Chinese premier and Malaysian premier were on hand to witness the signing of the agreement, which is set to benefit many Asian countries.  Aluminum use is rising with massive construction and infrastructure projects dominating much of China and Malaysia.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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