China Enterprise will build a new steel plant with an annual production capacity of 10 million tons in Malaysia
Chinese companies will build a 10 million-tonne steel mill in the Samalaju Industrial Park in Bintulu (Sarawak, Malaysia), which will be the largest and most advanced steel mill in the region. At the same time, the mill will employ over 4,000 people.
The project is expected to begin construction in mid-2020, with an investment of billions of ringgit (hundreds of millions of dollars).
On August 22nd, the state's chief minister, Patinggi AbangJohariTunOpeng, Datuk, accepted a visit from the Chinese investment team. The chief deputy minister of the state, Amar AwangTengah AliHasan, was also present. He is also the minister of international trade and industry, the minister of industrial terminal and entrepreneur development.
The Chinese delegation consists of Zhang Mengxing, President of China Metallurgical Corporation, Xu Jun, Vice President of China Communications International Investment Holdings Co., Ltd., and Wang Wenan, CEO of Wen'an Iron & Steel Co., Ltd.
Zhang Mengxing said that the designed annual production capacity of the project has increased from 3.5 million tons to 10 million tons, making it the largest steel mill in the region. The project will also work with Huawei to adopt the latest 5G smart technology and environmentally friendly design.Chinese companies will build a 10 million-tonne steel mill in the Samalaju Industrial Park in Bintulu (Sarawak, Malaysia), which will be the largest and most advanced steel mill in the region. At the same time, the mill will employ over 4,000 people.
The project is expected to begin construction in mid-2020, with an investment of billions of ringgit (hundreds of millions of dollars).
On August 22nd, the state's chief minister, Patinggi AbangJohariTunOpeng, Datuk, accepted a visit from the Chinese investment team. The chief deputy minister of the state, Amar AwangTengah AliHasan, was also present. He is also the minister of international trade and industry, the minister of industrial terminal and entrepreneur development.
The Chinese delegation consists of Zhang Mengxing, President of China Metallurgical Corporation, Xu Jun, Vice President of China Communications International Investment Holdings Co., Ltd., and Wang Wenan, CEO of Wen'an Iron & Steel Co., Ltd.
Zhang Mengxing said that the designed annual production capacity of the project has increased from 3.5 million tons to 10 million tons, making it the largest steel mill in the region. The project will also work with Huawei to adopt the latest 5G smart technology and environmentally friendly design.
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