Sabah GLCs Ink Agreement For SBH Kibing RM7.2 Bln Solar Glass Plant

KOTA KINABALU, Nov 13 (Bernama) -- In a significant step towards bolstering Sabah's renewable energy infrastructure, two Sabah government-linked companies (GLCs) have signed agreements with SBH Kibing Solar New Energy (M) Sdn Bhd for the development of a RM7.2 billion solar glass manufacturing plant in Kimanis.

The exchange of the agreements, witnessed today by Sabah Chief Minister Datuk Seri Panglima Hajiji Haji Noor, mark a major milestone for the state’s economic growth.

In a statement from the Sabah Chief Minister’s Department, Chief Minister Datuk Seri Hajiji Haji Noor said the new investment is significant in generating further economic growth for Sabah and creating employment opportunities for the local communities.

The first document exchange involved a sublease agreement between SBH Kibing and Fokasrama Sdn Bhd, a wholly-owned subsidiary of the Sawit Kinabalu Group.

"The agreement will pave the way for the development of the solar glass manufacturing plant, and is set to become one of the largest facilities of its kind in the region," the department said.

The development is part of SBH Kibing’s plan aimed at expanding Sabah's renewable energy infrastructure, enhancing its global solar energy market position, and complementing the company's existing plant at the Kota Kinabalu Industrial Park (KKIP).

“The new solar glass facility also highlighted SBH Kibing's commitment to renewable energy growth and establishing a key manufacturing site in Sabah,” it said.

Fokasrama was represented by Sawit Kinabalu group managing director/chief executive officer Datuk Victor Ationg, while SBH Kibing was represented by its chairman William Chen.

The second key agreement exchanged was the Heads of Agreement between SBH Kibing and Sabah Energy Corporation Sdn Bhd (SEC) to supply 45 million standard cubic feet per day of natural gas to support the operations of the new plant.

“As Sabah's primary natural gas provider, SEC continues to play an important role in driving regional economic growth through reliable and cleaner energy solutions,” the department said.

SEC was represented by its chief executive officer Datuk Adzmir Abd Rahman and SBH Kibing was represented by deputy managing director, Celine Li.

-- BERNAMA