The advantage Sabah holds as a manufacturer of crude oil and natural gas is predicted to provide Sabah Energy Corporation Sdn Bhd, a state-owned corporation, a head-start in its search for Japan-based investors.
To join new forces in the gas and energy fields, the Sabah Energy Corporation has met with 3 firms, as of yet, in Kobe. Possible investments amount to millions of ringgit.
Datuk Harun Ismail, the CEO of Sabah Energy Corporation, stated that the company intends to look for more investment prospects in Tokyo and Nagoya to appeal the Japanese firms focused on natural gas and energy towards Sabah.
Yesterday, while on a trade mission to Japan, he stated how they can establish plants on Sabah which will offer employment opportunities to numerous Sabahans.
He believes that the policy, as stated by Datuk Seri Panglima Haji Mohd Shafie bin Haji Apdal, the Chief Minister of Sabah, to deliver simpler access to investors looking to expand their investments to Sabah is the finest platform for the production of energy and natural gas industries of the area.
Sabah is the second greatest manufacturer of gas in Malaysia, which is why it appears very attractive in the industries of energy and natural gas.
Harun stated that there are numerous regions well suited for the energy manufacturing sector, for instance, Sipitang, Lahad Datu and Kota Kinabalu. On the other hand, Semporna and Tawau are perfect for renewable energy.
Tags : oil and natural gas , Sabah Energy Corporation,