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Old January 22nd, 2020, 02:32 PM   #401
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Yong Tai gets approval to develop international cruise terminal in Melaka
Justin Lim January 20, 2020 21:34 pm +08
Quote:
KUALA LUMPUR (Jan 20): Yong Tai Bhd says it has received greenlight from the Melaka state government to develop an international cruise terminal at its flagship RM8 billion mixed development, Impression City Melaka.

In a bourse filing, the company said its wholly-owned YTB Impression Sdn Bhd (YTBI) has accepted the letter of approval from the Melaka government for the cruise terminal today.

In conjunction with the approval, Yong Tai said it has entered into a memorandum of understanding (MoU) with Singapore Cruise Center Pte Ltd (SCC), in relation to the proposed engagement of SCC as the terminal's operator and manager.

SCC currently manages and operates three ferry terminals and one international cruise terminal in Singapore.

Yong Tai Bhd chief executive officer Datuk Wira Boo Kuang Loon said the cruise industry is one of the fastest-growing segments of tourism.

“There is no doubt that this upcoming cruise terminal will increase tourist arrivals in Impression City Melaka, which in turn will lead to greater spending by tourists. This augurs well with the business strategies of Yong Tai to spur tourists’ interest for Encore Melaka’s captivating shows,” Boo said in a separate statement.

The proposed terminal will be integrated with the group’s Terra Square mixed development in Impression City, which is also linked to the Encore Melaka theatre.

“Earlier, we have slowed down the construction works in Terra Square, as we intend to have a masterplan to integrate the elements and concepts of the upcoming cruise terminal,” he added.

The completion of the cruise terminal is going to be a "major game changer for Impression City", Yong Tai said, as it will further strengthen the project's gross development value over the long run.

Yong Tai shares closed one sen or 6.9% lower at 13.5 sen today, bringing it a market capitalisation of RM128 million. The counter saw some 11.13 million shares traded. The stock has fallen 67.5% in the past one year.
https://www.theedgemarkets.com/artic...erminal-melaka
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Old February 2nd, 2020, 08:52 AM   #402
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Home / Sabah News
RM30m Putatan projects to start
Published on: Sunday, February 02, 2020
By: Hayati Dzulkifli


Quote:
PUTATAN: Four federal-funded development projects which local residents here have been looking forward will kick off this year.

Putatan MP Awang Husaini Datuk Sahari (pic) said the projects costing over RM30 million comprise a district Fire and Rescue Station proposed under the previous government, a Central Market building, a mini stadium and a wet market with a new tamu ground.

“The Federal Government has provided the approved funding for the projects but there was a delay due to issues over land for the projects to be provided by the State Government and preparation of documents for tendering of the projects.

“Now, all these matters have been sorted out and I am proud to say that the land issue for the long-awaited RM8.8 million Putatan Fire and Rescue Station project has been settled.

“In fact, the Public Work Department (PWD) is in the final stage of preparing necessary documents for tendering of this project, which is expected to be done next month,” he told Daily Express when met at his parliamentary office here.

Husaini said the second project is construction of a RM8.8 million mini stadium, the tender for which has been put out, with the closing date on Feb 12 this year.

“In a month or two, the project will be awarded to a contractor and construction work will commence once the funds are available to make this project a reality,” he said.

The third project, Husaini said, involves upgrading the Central Market here at a cost of RM3.8 million that has been tendered out and awaiting to be awarded in a month or two.

He said the Central Market would also function as a handicraft centre so as to provide opportunities for small-time traders producing local products to market their products.

“The fourth project is building a new wet market with tamu ground costing RM12 million at the beach near a jetty in Kg Pasir Putih.

“This project is to facilitate fishermen and residents to buy fresh fish and seafood at the jetty where the fishermen could land their boats to sell off their catch directly to consumers or sell them at the wet market.

“This project would be tendered out in March this year,” Husaini said.

To a question, he said construction of the four projects would commence and be completed this year for benefit of the people, especially from here.

He said he would ensure smooth implementation and systematic development of the projects towards achieving his efforts towards the district undergoing city-level development and to be in line with his vision of “Bandar Terancang untuk Putatan” (A planned City development for Putatan).

Meanwhile, Husaini said the Federal Government via the Health Ministry has approved funding of RM1.7 million to set up a health clinic in Pulau Gaya.

He said the ministry is waiting for a suitable site to be provided by the State Government for the project
http://www.dailyexpress.com.my/news/...ects-to-start/
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Old February 4th, 2020, 02:28 PM   #403
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Four RM89m Sabah flood mitigation projects approved
Published on: Tuesday, February 04, 2020
By: Ottey Peter


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KOTA KINABALU: The Federal Government has approved four projects costing RM89 million in the fourth rolling plan (RP4) of the 11th Malaysia Plan (11MP) to resolve the long-standing flood problem in Sabah.

State Agriculture and Food Industry Minister Datuk Junz Wong (pic) said these included the two upcoming flood mitigation projects in Giling, Tuaran and Dah Yeh Villa, here.

Wong, whose ministry oversees the Sabah Irrigation and Drainage Department (DID), said they will also conduct a flood mitigation study for Membakut as well as a comprehensive flood mitigation design for Kota Marudu.

“We are also working hard towards the potential flood mitigation projects of Moyong Package 4, Lido Phase 2 and Tawau Phase 2.

“With all these efforts to improve the drainage infrastructure in Sabah, I pledge full support for the department’s endeavour to make these projects a success,” he said at a Chinese New Year celebration hosted by the Sabah Irrigation and Drainage Department at Pam House, Likas, here, Monday.

Wong said Sabah needs more funds from the Federal Government for flood mitigation works all over the State.

“These includes developing drainage and irrigation infrastructure, especially in Membakut and Kimanis.

“In the wake of the recent flooding in Membakut, we realise we need better infrastructure to address the flooding issue in Sabah. But we can’t do anything if the funds are not sufficient.

“We are hoping that the Federal Government will provide more allocation to solve this problem,” he said.
http://www.dailyexpress.com.my/news.cfm?NewsID=146894
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Old February 5th, 2020, 05:42 PM   #404
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ChemOne to build US$3.4b aromatics plant in Johor
By NST Business
February 5, 2020 @ 2:30pm



Quote:
KUALA LUMPUR: Singapore-based ChemOne Group will undertake a US$3.38 billion project in Johor.

The Pengerang Energy Complex (PEC) will be one of the world’s largest and most competitive integrated condensate splitter and aromatics facilities.

Construction was expected to start in the second half of 2020, the company said in a statement today.

ChemOne said the group was the master developer and majority shareholder through its sponsorship in PEC.

Maire Tecnimont of Italy is ChemOne’s engineering, procurement, construction and commissioning (EPCC) partner for the project, and UOP is the technology provider for PEC.

CHemOne said PEC aimed to become a world class petrochemical hub that will add value to the downstream oil and gas value chain in Malaysia.

This was in line with the government’s Transformation Programme to increase Malaysia’s petrochemical output and establish it as a regional oil storage and trading hub.

At full capacity, expected from 2024, PEC is expected to generate an annual export turnover of US$5 billion for Malaysia.

During its four-year construction phase, PEC will hire over 7,000 employees.

Once it begins operations, it will employ 250 staff, of which 80 per cent will be Malaysians.

ChemOne said the project would also employ various external contractors, service providers and small and medium enterprises (SMEs).

It said overall, PEC was estimated to require the use of US$600 million to US$750 million worth of Malaysian-made content and catalyse additional investments of US$500 million to US$600 million for associated infrastructure, storage and other facilities.

PEC will have a processing capacity of 150,000 barrels per day (bpd) of condensate plus side feed of naphtha, an aromatics output of 2.3 million tonnes per annum (mtpa); energy products output of 3.9 million mtpa and hydrogen of 50,000 mtpa.

The condensate splitter will produce heavy aromatics naphtha, a primary feedstock for the aromatics plant.

ChemOne principal in the chairman’s office Edwin Seow said the group was excited to announce the ground-breaking project.

“With the petrochemical market set to pick up further, PEC is poised to deliver profitable growth while creating gainful local employment and moving Malaysia further up the value chain in the petrochemical sector,” he added
https://www.nst.com.my/business/2020...cs-plant-johor
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Old February 6th, 2020, 07:31 AM   #405
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Minister: Plan to expand water storage capacity
Published on: Thursday, February 06, 2020
By: Larry Ralon


Quote:
TAMAPULI: The Sabah Infrastructure Development Ministry plans to expand the storage capacity of water treatment plants in the State, including Telibong 2 plant which is the source of clean water supply for most parts of Kota Kinabalu, as part of effort to cope with increasing demand.

Minister, Datuk Peter Anthony, said he would be visiting all water treatment plants in the State to study the possibility of having their current water storage capacity increased.

For the Telibong 2 plant, he has suggested to the State Water Department to have the current storage capacity of 80 million of litres per day (MLD) doubled up, which is estimated to cost RM30-RM40 million.

“At the Telibong 2 plant, the intake receives a huge volume of water but the storage capacity is insufficient. So I have suggested to the Water Department to double up the capacity,” he told reporters during a visit to the Telibong 1 and Telibong 2 water treatment plants, here, Wednesday. State Water Department Director Datuk Amarjit Singh was also present.

Anthony said the Ministry would also identify other water treatment plants where there is a need to expand the storage capacity.

“If there is a need for storage capacity expansion, we will increase it. We are doing this not only to meet the domestic needs but also for international investors who have often asked about the water supply situation in the State,” he said.

As part of the effort to improve water supply, Anthony said he had recently called all district water engineers in the State and asked them to work twice harder and implement the new systems introduced, including a 24-hour monitoring system.

“Apart from the new systems, we will also increase the department’s manpower capacity at all districts, as well as renew or upgrade all equipment,” he said, adding that he had also brought up the matter to the State Cabinet.

During the visit to Telibong 1 plant earlier, Anthony asked the plant management to work on deepening the water intakes that are becoming shallow due to too much sand sediment
http://www.dailyexpress.com.my/news/...rage-capacity/
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Old February 14th, 2020, 10:23 AM   #406
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Home / Sabah News
Plans to make Kalabakan more advanced than Tawau
Published on: Friday, February 14, 2020
By: Christy Chok


Quote:
TAWAU: Kalabakan MP Ma’mun Sulaiman said plans are afoot to turn Kalabakan into a district more advanced than Tawau while also being the economic gateway between Malaysia and Indonesia.

Besides having District Office, he said a Customs, Immigration, and Quarantine Complex (CIQ), estimated to cost about RM600 million, would be tendered in August and that construction will take between three and four years.

He said this in a press conference during Merotai and Kalabakan Warisan Chinese New Year Open House at SJKC Yuk Chins recently that saw about 2,000 people attending.

“After the project is completed, it will enable both Malaysians and Indonesians to commute regularly between both countries particularly for business and trading.

“In addition, the Trans-Borneo Highway linking the highlands of Sarawak, Sabah and Kalimantan will boost development in the area when completed in the next 10 years. The proposed highway would be from Simenggaris in Kalimantan, Melinau, Kerayan and Long Bawan before crossing to Ba’Kelalan in Sarawak,” he said
http://www.dailyexpress.com.my/news/...ed-than-tawau/
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Old February 20th, 2020, 01:44 PM   #407
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Construction of US$3.4bil Pengerang complex by mid-2020
By NST Business - February 17, 2020 @ 7:28pm
Quote:
KUALA LUMPUR: The construction of Pengerang Energy Complex Sdn Bhd (PEC) will kick off by mid-2020, said the Ministry of International Trade and Industry.

Commercial production of the project is targeted to commence in the fourth quarter of 2023.

“This US$3.4 billion (RM14.3 billion) project was secured by the Malaysian Investment Development Authority (MIDA) in 2018,” the ministry said in a statement today.

Upon completion in 2023, PEC will be one of the world’s largest integrated Condensate Splitter and Aromatics facilities, with the capacity of 150,000 barrels per day.

It will generate US$5 billion in annual export turnover for Malaysia.

International Trade and Industry Minister Datuk Darrel Leiking said the capital intensive project, which involves fully automated processes, will also benefit the local workforce through the transfer of cutting edge technology and technical know-how.

“(PEC) plans to recruit over 200 highly skilled Malaysian engineers and technical staff that will provide good career opportunities and a learning platform for Malaysian employees in all aspects of the chemical business.

“PEC will certainly be in the list of success stories in the years ahead,” Darell said in the statement.

PEC will receive long-term supplies of feedstock from major international oil companies.

Leading Japanese, Chinese and Korean Trading Houses have committed to off-take the aromatics products.

Maire Tecnimont S.p.A, a multinational group, and one of the leaders within the field of plant engineering, is one of the selected engineering, procurement, construction and commissioning contractors of the project.
https://www.nst.com.my/business/2020...mplex-mid-2020




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Pengerang Energy Complex

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Old February 22nd, 2020, 04:52 PM   #408
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UMS to have water treatment plant project in Pitas
Published on: Saturday, February 22, 2020


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KOTA KINABALU: Universiti Malaysia Sabah (UMS) through its Science and Natural Resources Faculty (FSSA) will carry out a mini water treatment plant project at Kg Mengkapon in Pitas.

Project Head Prof Dr Kawi Bidin said the project would take about one year to complete.

“It combines UMS FSSA’s expertise in various fields including hydrology, geology, design, water quality and electronics and automation,” he said in a statement.

The project, which was awarded by the Ministry of Energy, Science, Technology, Environment and Climate Change (Mestecc) to Sabah Baitulmal Corporation, is to be carried out with the help of UMS FSSA expertise via the Malaysian Social Innovation (MySI) grant.

Dr Kawi said the community-based Tagal system here has put him and the rest of the team to be optimistic to ensure the success of the mini-water treatment plant project.
“Without the involvement and cooperation of all parties, this project would not have been possible,” he said.

Earlier, Dean of FSSA UMS, Prof Dr Baba Musta carried out a groundbreaking and landmark ceremony of the project in the village.

He thanked Mestecc for the Ministry’s concern over the problems faced by the villagers.

“I am also proud that Baitulmal Sabah has entrusted UMS especially FSSA for this project.

“We will make sure that the project will be implemented successfully,” he said.

At the event, UMS staff, Bernas, UMS alumni and individuals distributed kitchen necessities to the villagers
http://www.dailyexpress.com.my/news/...ject-in-pitas/
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Old February 24th, 2020, 09:47 AM   #409
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Sabah Ports to raise financing for new oil jetty
POSTED ON FEBRUARY 24, 2020, MONDAY AT 12:37 AMNEWS, SABAH


Quote:
KOTA KINABALU: Suria Capital Holdings Berhad’s subsidiary, Sabah Ports Sdn Bhd, on Friday signed a Tawarruq Financing Facility of RM80 million with Bank Pembangunan Malaysia Berhad (BPMB) for the construction of a new oil jetty extension at Sapangar Bay Oil Terminal.

The facility is under Maritime Fund 2.0, managed by BPMB to financially assist companies that are involved in marine and oil and gas-related activities towards increasing the efficiency and terminal operations of local ports, and other marine ancillary activities.

Its Group Managing Director cum Managing Director of Sabah Ports Sdn Bhd, Ng Kiat Min said that the signing ceremony marked another important milestone for Sabah Ports as the mandated operator of ports in Sabah.

“It highlights our continuous commitments and endless initiatives to upgrade the port facilities so as to enhance port capacity and service efficiency level in Sabah,” she said.

“The project is indeed a testimony of our initiative to bring about new level of efficiency to our port facility and services,” Ng added.

She said that the construction of the new jetty extension at SBOT is very timely and crucial at this juncture in view of the high utilisation rate and growing liquid cargo throughput being handled at the current jetty.

SBOT is the only terminal handling liquid bulk serving the west coast of Sabah.

“It is, therefore, becoming increasingly important to build the extension ahead of time,” she remarked.

The extension will entail the construction of an additional jetty accommodating two additional berths designed to handle two vessels at one time for further efficiency. The additional berths will help to ease congestion and reduce vessel’s waiting time.

More importantly, the construction of the new jetty will allow maintenance works of the pipelines to be carried out more efficiently side by side, without interrupting the daily operations and compromising on safety.

Once completed in about 24 months, SBOT would be able to cater for more vessels and its twin jetties could accommodate vessels at the current capacity of 30,000 deadweight tonnage (DWT) to higher capacity of 60,000 DWT. Currently, it handles an average volume of 1.2 million tonnes of bulk oil on annual basis, serving a few oil majors namely Shell, Petron and Petronas.

“When the completion of the new jetty, we are able to handle bigger role in serving our customers with better efficiency (sic),” said Ng.

She added that the company is looking forward to undertaking a more significant role in promoting the oil and gas, activities including the L&G business as well as the maritime services in the State. With good location and adequate facilities, Sapangar Bay Oil Terminal has the potential to grow as an oil and gas distribution hub.

“We will continue to play a role towards supporting the State’s economic ambition by involving ourselves in platforms that promote manufacturing and industrial growth and more importantly, facilitating connectivity for local businesses to go global,” said Ng.

During the signing, Ng represented Sabah Ports while Bank Pembangunan was represented by its President cum Group CEO, Arshad Mohamed Ismail.

Also present were Noorida Baharuddin, the chief financial officer of Suria Capital and Ahmad Mochtar Hashim, chief business officer of Bank Pembangunan
https://www.theborneopost.com/2020/0...new-oil-jetty/
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