KOTA KINABALU, Feb. 11 -- Sabah aims for an RM8.88 billion project at the Sipitang Oil and Gas Industrial Park (SOGIP) to catapult the state into becoming a major oil and gas energy hub for the region.
Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor said the project would establish Sabah as a key hub in South-east Asia's energy sector.
The project is a collaboration between the Sabah Oil and Gas Development Corporation (SOGDC), which manages SOGIP, and Gibson Shipbrokers Limited, a company specialising in maritime, energy, and related industries.
The partnership aims to construct a state-of-the-art port to support energy transportation and trade activities, among other things, while utilising an 80 per cent local workforce.
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