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SEOUL, South Korea, April 4: South Korea’s Dongjin Semichem Co Ltd setting up in Samalaju Industrial Park in Bintulu will be able to provide 500 job opportunities to Sarawakians.
The foaming agent manufacturer recently had received the land approval from the state for their proposed production factory in Samalaju Industrial Park.
With an initial investment of USD130 million, the factory is expected to be completed and operational by 2021.
This was revealed during a working visit by Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan yesterday to Dongjin Semichem manufacturing plant in Shiwha here.
Awang Tengah and his delegation were briefed on its operation and viewed the production line.
Dongjin Semichem Co Ltd holds 30 per cent world market share in foaming agents, which is widely used in household appliances, bags, shoes, and automotive parts.
Meanwhile, Awang Tengah also met with several South Korean companies interested in green fuel from palm oil, specialty steel and float glass manufacturing in Sarawak.
He briefed them on the investment opportunities in Sarawak including the many industrial parks developed to cater for their projects and the incentives available for such investments.
He also assured them that the state government welcomes investment and will facilitate the implementation of their projects.
Also present were Assistant Minister of Entrepreneur Development and Small and Medium Enterprise Datuk Naroden Majais, Assistant Minister of Industrial Development Malcolm Mussen Lamoh and Ministry of Industrial and Entrepreneur Development Permanent Secretary Datu Liaw Soon Eng. — DayakDaily