Sarawak Aluminium Smelter deal with China and the UAE
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 massive construction and infrastructure projects dominating much of China and Malaysia.
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...
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 massive construction and infrastructure projects dominating much of China and Malaysia.
