News & Events
Chief Minister's Visit
The palm oil industrial cluster in Lahad Datu (POIC Lahad Datu) will embark on Phase 3 of the project to maintain the momentum in promoting palm oil downstream industries in Sabah.
Chief Minister Datuk Musa Haji Aman who visited the he project on Feb 14 was told this by Dr Pang Teck Wai, CEO of POIC Sabah Sdn Bhd.
Datuk Musa walked away impressed with the fast progress of the state-owned project which began in 2006 with Phases 1 & 2 covering 1,150 acres. Phase 3 is expected to cover more than 3,000 acres. The company has signed up 22 investors with an investment value of over RM1.2 billion.
The Chief Minister was briefed on POIC Sabah's plan to build a dry bulk jetty as part of the infrastructure requirements for its fertilizer cluster. Six major fertilizer companies have purchased land to set up manufacturing facilities in POIC Lahad DAtu. Their combined capacity is about 800,000 tonnes per year.
Accompanied by several members of the State Cabinet and top government officials, Musa was given a briefing in a temporary tent beside the POIC jetty and later driven to the site of the fertilizer cluster. He also visited Global Biodiesel, one of the pioneer investors in POIC Lahad Datu and the first biodiesel plant in Borneo. Global Biodiesel is owned by South Korean investors and employs over 40 people.Datuk Musa (with cap) flanked by Dr Pang (left) and Datuk Dr Ewon Ebin, the Chairman of POIC Sabah Sdn Bhd who is also Sabah's Minister of Industrial Development
Datuk Musa being briefed on POIC Lahad Datu's progress by Dr Pang Teck Wai, CEO of POIC Sabah Sdn Bhd
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