China-listed company eyes Sarawak for expansion - MIDA | Malaysian Investment Development Authority
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China-listed company eyes Sarawak for expansion

China-listed company eyes Sarawak for expansion

28 Aug 2024

Kibing Group, a China-listed company specialising in glass manufacturing and solutions, is considering Sarawak as a potential site for its strategic expansion into solar glass manufacturing for solar panels.

Deputy Premier Datuk Amar Awang Tengah Ali Hasan, who also serves as the Minister for International Trade, Industry, and Investment (MINTRED), met with Kibing Group chief executive officer Guan Ming on Wednesday to discuss the proposal.

The Sarawak government delegation, led by Awang Tengah, has expressed strong support for this expansion.

Kibing Group already has a significant presence in Malaysia, with operational facilities in Negeri Sembilan and Sabah, further extending its global footprint.

To ensure the project’s success, Sarawak government has committed to facilitating the entire process, recognising the importance of the value chain from raw material extraction and processing to the final production of solar glass.

Source: New Sarawak Tribune

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