POIC Sandakan investments hit RM200 million

● Thursday, November 24, 2011

Total investments in the Sandakan Palm Oil Industrial Cluster (POIC) have hit RM 200 million State Minister for Industrial Development, Datuk Raymond Tan Shu  Kiah.

The cumulative investment was received from six domestic investors, one of whom had signed the sale and purchase agreement, while the others are negotiating   the terms and conditions and preparing sale and purchase documents.

The type of investments fulfilled the target under the POIC concept like building a palm oil mill, packaging factory, power plant, warehouse and a logistics hub owned by a company which exports palm oil to China.

RM323 million has been channelled so far to finance Sandakan POIC’s first phase 
construction. He expects investment figures to rise further when marketing
strategies go full swing after the first phase  is completed next year.

(Source: BERNAMA)

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32 comments:

  1. AnonymousNovember 24, 2011 at 9:15 AM

    That is good news for Sabah, hope that this POIC will bring more returns and help boost the economics.

    ReplyDelete
  2. AnonymousNovember 24, 2011 at 9:17 AM

    Good job from the government so far, hope to see more progress from this move.

    ReplyDelete
  3. ShiniaNovember 24, 2011 at 9:20 AM

    "The cumulative investment was received from six domestic investors, one of whom had signed the sale and purchase agreement, while the others are negotiating the terms and conditions and
    preparing sale and purchase documents."

    Great job, continue the hard work, and Im sure these will bring great improvement to the local economy.

    ReplyDelete
  4. ShiniaNovember 24, 2011 at 9:23 AM

    This improve state revenue. Good luck.

    ReplyDelete
  5. ShiniaNovember 24, 2011 at 9:26 AM

    The type of investments fulfilled the target under the POIC concept like building a palm oil mill, packaging factory, power plant, warehouse and a logistics hub owned by a company which exports palm oil to China.

    Ini lah pembangunan yang rakyat perlukan yang menggalak perkembangan ekonomi dan memperbaiki taraf hidup jika economi bertambah baik.

    ReplyDelete
  6. ShiniaNovember 24, 2011 at 9:28 AM

    Sistem infra harus diperbaiki lagiuntuk menarik lebih pelabur asign dlaam sektor lain seperti pembalakan, pelancongan dll.

    ReplyDelete
  7. ShiniaNovember 24, 2011 at 9:30 AM

    Semoga lebih banyak peluang pekerjaan diberi kepada rakyat di Sabah.

    ReplyDelete
  8. PCSBNovember 24, 2011 at 9:31 AM

    Good news. Palm oil industry ia a major contributor to Malaysia 's GDI. It contributes 3% to the GDI as well as recording a total export of RM 62.3 Billion last year. Expects to RM 70 billion more by the end of this year.

    ReplyDelete
  9. kamillaNovember 24, 2011 at 9:55 AM

    Berita baik...industri ini antara yg memberi sumbangan besar kepada negara...harap ia akan meningkat lagi pada masa akan adatang..

    ReplyDelete
  10. AnonymousNovember 24, 2011 at 10:41 AM

    harap dgn ini ekonomi Sabah akan makin berkembang.

    ReplyDelete
  11. AnonymousNovember 24, 2011 at 10:50 AM

    penduduk Sabh juga diharp mendapat manfaat.

    ReplyDelete
  12. ScarlettNovember 24, 2011 at 10:53 AM

    Glad to hear positive outcomes from this investment. Wish there will be more to come!

    ReplyDelete
  13. ScarlettNovember 24, 2011 at 10:58 AM

    Hopefully there will be also more job opportunities to the locals in this field in the future.

    ReplyDelete
  14. AnonymousNovember 24, 2011 at 12:57 PM

    "Total investments in the Sandakan Palm Oil Industrial Cluster (POIC) have hit RM200
    million"

    Great job to POIC. They shall continue the strike and be able to bring more investor to the state.

    ReplyDelete
  15. AnonymousNovember 24, 2011 at 1:01 PM

    Perkembangan sektor ini turut membawa perkembangan ekonomi negeri.

    ReplyDelete
  16. AnonymousNovember 24, 2011 at 1:03 PM

    "The type of investments fulfilled the target under the POIC concept like building a palm
    oil mill, packaging factory, power plant, warehouse and a logistics hub owned by a
    company which exports palm oil to China."

    Export will certainly bring more state revenue. Hoping they are more export to other country that can encourage more income.

    ReplyDelete
  17. AnonymousNovember 24, 2011 at 1:04 PM

    "RM323 million has been channelled so far to finance Sandakan POIC’s first phase
    construction. He expects investment figures to rise further when marketing strategies
    go full swing after the first phase is completed next year."

    Semoga projek dijalankan dengan lancar adn mencapai kejayaan yang cemerlang.

    ReplyDelete
  18. AnonymousNovember 24, 2011 at 1:07 PM

    Adakah ini mendorong lebih banyak peluang pekerjaan? Seharus memberi keutamaan kepada rakyat di Sabah juga.

    ReplyDelete
  19. Kris JrNovember 24, 2011 at 3:00 PM

    Harap peruntukan tu digunakan sebaik mungkin

    ReplyDelete
  20. AntanumNovember 24, 2011 at 3:27 PM

    Satu pencapaian yang menggalakkan, teruskan usaha ini.

    ReplyDelete
  21. AntanumNovember 24, 2011 at 3:27 PM

    Lagi banyak pelaburan lagi bagus!

    ReplyDelete
  22. Mohd IshakNovember 25, 2011 at 9:12 AM

    Harap POIC Sandakan ini akan terus mendapatkan keutungan bagi Sabah.

    ReplyDelete
  23. Mohd IshakNovember 25, 2011 at 9:12 AM

    Syabas dan teruskan usaha.

    ReplyDelete
  24. nickkoNovember 25, 2011 at 10:08 AM

    usaha kerajaan meningkatkan pelaburan di negeri ini telah dan sedang membawa satu perubahan yang besar kepada pembangunan ekonomi negeri.. tahniah!

    ReplyDelete
  25. maddNovember 25, 2011 at 10:44 AM

    ini sesuatu yang baik dan dapat menyumbang kepada ekonomi negeri.

    ReplyDelete
  26. maddNovember 25, 2011 at 10:45 AM

    teruskan berusaha untuk meningkatkan lagi pencapaian sedia ada.

    ReplyDelete
  27. UnknownNovember 26, 2011 at 12:01 PM

    Tahniah..Teruskan mencari pelabur untuk datang membuat pelaburan di Sabah.

    ReplyDelete
  28. NemiaNovember 27, 2011 at 8:48 PM

    Anticipation.

    ReplyDelete
  29. PaquinNovember 27, 2011 at 11:45 PM

    Gud news:) Harap dapat ditingkatkan lagi.

    ReplyDelete
  30. PaquinNovember 27, 2011 at 11:46 PM

    Semoga perkara ini dapat menjana ekonomi Sabah.

    ReplyDelete
  31. PaquinNovember 27, 2011 at 11:55 PM

    Harap setiap projek yang dirancang berjalan lancar.

    ReplyDelete
  32. EzefNovember 29, 2011 at 4:13 PM

    Thats great.

    ReplyDelete

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