Government following up on foreign investments
Published on: Wednesday, October 26, 2022
Caption: CEO of SK Nexilis South Korea, Shin Dong Hwan, gives a briefing to Dr Joachim (second, right).
Kota Kinabalu: The State Government, through the Industrial Development Ministry (MID), is constantly following up on the progress of the multi-billion foreign investments in Sabah, including by the South Korean investor SK Nexilis.Deputy Chief Minister cum Industrial Development Minister Datuk Seri Dr Joachim Gunsalam said this includes the progress of the construction of their factories and coordinating as well as resolving all issues arising throughout the construction and operation phase of the factories.
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This is in line with the State Government’s aspiration to ensure Sabah remains an investor-friendly destination, he said during his visit to the SK Nexilis Malaysia Sdn Bhd’s site at Kota Kinabalu Industrial Park (KKIP), here, Tuesday.
Thanking SK Nexilis for its RM4.2 billion investment in the development of a copper foil factory at KKIP, Dr Joachim said the investment is not only capable of increasing the economic growth of Sabah, especially the industrial sector, but also creating job opportunities for the people in the State.
“The State Government is very grateful for the commitment given by SK Nexilis Malaysia to employ as many local Sabahans as possible for the future operation of the factory.
“SK Nexilis Malaysia is not only committed to employing as many local Sabahans as possible but also improving local workers’ ability by sending 43 engineers to undertake the advanced course at SK Nexilis South Korea recently.
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“It is understood that more local workers will be given the opportunity and sent to undertake the advanced courses at SK Nexilis South Korea to gain knowledge and improve their capabilities,” he said.
Dr Joachim also urged all relevant agencies to always help facilitate and resolve any issues faced by SK Nexilis Malaysia, including speeding up and simplifying all matters involving SK Nexilis Malaysia to ensure the smooth construction and operation of its factory.
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“The cooperation of all the relevant agencies will undoubtedly open up opportunities and increase the confidence of SK Nexilis Malaysia to continue investing and expanding their business in Sabah,” he said.
He reminded all agencies to continue to provide the best services to SK Nexilis Malaysia for the benefit of all.
Also present were MID Permanent Secretary Datuk Thomas Logijin and senior officers from the relevant state and federal agencies.
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