POIC Cooperates with 4 Chinese Companies
InfoSAWIT, KOTA KINABALU –In the late days, Palm Oil Industrial Cluster (POIC) Sabah Sdn Bhd, belonging to Malaysia, agreed with four Chinese companies, they are, Tangshan Chunhua Grain & Oil Croup Co Ltd, Xinji Xinyuan Biotech Co Ltd, Top Honesty Biotechnology Co Ltd and Utility Sugar Trading Ltd. Vice Secretary of Plantation Commodity and Industry, Datuk Nasrun Mansur led the agreement.
Datuk Nasrun said, Sabah has wide palm oil areas and most of the palm oil production from Sabah are exported in the form of crude palm oil. His side still waits for the other serious investors to advantage the biochemical potential.
He also said, as quoted from thestar.com.my, many other investors still want to invest in Sabah, namely the chinese businessmen particularly in property, tourism, and manufacture sectors. (T2)