Chinese investors eye aluminium and green energy facilities in Bintulu
Ahmad Zahid said a group of Chinese businessmen had indicated potential investments totalling US$15 billion in Malaysia.
Chinese investors have expressed interest in building an aluminium production plant and a green energy facility in Samalaju, Bintulu, Sarawak, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said. The proposed facilities would support manufacturing aimed at international markets.
Ahmad Zahid said the proposal includes developing green energy sources to provide electricity for the factory. Efforts to attract the investment had been under way for some time, taking into account Samalaju’s capacity to accommodate large-scale industrial operations.
He said he had discussed the proposed Samalaju investment with Sarawak’s premier and several state ministers. Access to overseas markets was also a consideration because Malaysia’s domestic market is limited in size, he told reporters in Kuala Lumpur after the Malaysia-China Cooperation Meeting on Investment, Trade and Economic Empowerment.
Earlier, Ahmad Zahid met 58 Chinese businessmen to discuss Malaysian investment opportunities across several sectors. He said the group had given preliminary indications of investments totalling US$15 billion, focusing on activities involving high technology and value addition.
