Saturday 17 May 2014

Samalaju gaining momentum

Limited coverage by media in Peninsular but Borneo Post provided some updates on SCORE.
“Besides the three companies that are in operation in Samalaju Industrial Park now, two other companies namely Pertama Ferroalloys Sdn Bhd and OM Materials (Sarawak) Sdn Bhd are currently constructing their manufacturing plants and facilities.
“Asia Advanced Materials Sdn Bhd has completed the site preparatory works and two other companies namely Elkem Carbon Malaysia Sdn Bhd and Cosmos Chemical Bhd are doing their site preparations.”
He added six companies that had been approved and issued with manufacturing licences would begin their land preparation works once their power purchase agreements had been finalised.
The economic corridor is gaining momentum. CMSB, being one of the largest Sarawak-based company listed in Bursa is a good proxy to the booming industrial development in Sarawak, SCORE in particular.

Besides being a state with rich natural resources, it is also the largest state in Malaysia. Her land area of 124,450km2 is just slightly smaller than the land area of 131,598km2 in Peninsular Malaysia.

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