SBH Kibing signs major deal with two Sabah GLCs for its RM7.2 billion solar glass factory in Kimanis

KOTA KINABALU: Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor today  witnessed the exchange of documents between SBH Kibing Solar New Energy (M) Sdn  Bhd and two Sabah government-linked companies (GLC) for its new RM7.2 billion solar  glass manufacturing plant at Kimanis. 

The Chief Minister said the new investment is significant in generating further economic  growth for Sabah and creating employment opportunities for the local communities. 

The first was the exchange of the sublease agreement between SBH Kibing and  Fokasrama Sdn Bhd, a wholly-owned subsidiary of the Sawit Kinabalu Group. 

The sublease agreement will pave the way for the development of a state-of-the-art solar  glass manufacturing plant, set to become one of the largest facilities of its kind in the  region. 

The development is part of SBH Kibing’s plan aimed at expanding Sabah's renewable  energy infrastructure, enhancing its global solar energy market position, and  complementing the China-based company's existing plant at the Kota Kinabalu Industrial  Park (KKIP). 

The new solar glass facility also highlighted Kibing's commitment to renewable energy  growth within Sabah and establishing a key manufacturing site in Sabah.  

Representing Fokasrama Sdn Bhd was Sawit Kinabalu Group Managing Director/Chief  Executive Officer Datuk Victor Ationg, while its Chairman William Chen represented SBH  Kibing Solar New Energy (M) Sdn Bhd. 

The second exchange of documents was for the Heads of Agreement between SBH  Kibing Solar New Energy (M) Sdn Bhd and Sabah Energy Corporation Sdn Bhd (SEC)  to supply 45 million standard cubic feet per day (mmscfd) of natural gas to support the  new factory's operations. 

As Sabah's primary natural gas provider, SEC continues to play an important role in  driving regional economic growth through reliable and cleaner energy solutions.

Representing SEC was its Chief Executive Officer, Datuk Adzmir Abd Rahman and  Celine Li, the Deputy Managing Director of SBH Kibing Solar New Energy. 

Present were Minister of Industrial Development and Entrepreneurship Datuk Phoong  Jin Zhe, SEC Chairman Datuk Annuar Ayub, State Secretary Datuk Seri Panglima Sr  Haji Safar Untong and senior officials representing the signing parties.  

The Chief Minister later chaired the Sawit Kinabalu and Borneo Samudera Board of  Directors meeting. 

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