![]() He said that while oil palm and biomass downstream industries remained on POIC Sabah’s agenda, the company had broadened its horizon to becoming the logistics hub for the Brunei–Indonesia–Malaysia–Philippines East Asean Growth Area (BIMP-EAGA) region by leveraging on its strategic geographic location and outstanding port infrastructure. Welcoming BNE Trading’s investment, Gan said it testified to Lahad Datu being the centre to Sabah’s oil palm industry, as well as the facilities and connectivity of POIC’s port. ![]() The signing was witnessed by POIC Sabah Group chairman Datuk Seri Yong Teck Lee, permanent secretary to the Industrial Development and Entrepreneurship Ministry Datuk Thomas Logijin and a representative from Invest Sabah Berhad. ![]() The agreement was signed between POIC Sabah Sdn Bhd chief executive officer Datuk Fredian Gan and BNE Trading managing director Kiing Teck Wee. In a sale and purchase agreement signed here on Thursday (March 16), BNE Trading Sdn Bhd of Kuching bought 2.6ha at POIC Lahad Datu for trading in biomass, particularly palm kernel shells which was one of the residue materials from the oil palm industry. ![]() KOTA KINABALU: A Sarawak-based company became the third from the neighbouring Borneon state to invest in Sabah’s state-owned POIC (Palm Oil Industrial Cluster) Lahad Datu industrial park. Gan (third from left) exchanging documents with Kiing while being witnessed by Yong (middle) during the signing ceremony in Kota Kinabalu on Thursday (March 16). ![]()
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