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Corporatisation Will Enable MIDA To Make Speedy Decisions

Tue, 06 Apr 2010 06:25:07 GMT

KUALA LUMPUR, March 30 (Bernama) -- The corporatisation of the Malaysian Industrial Development Authority (MIDA), allows the agency now to make speedy decisions.

"We are working at present like a government. There are procedures that always slow us down in respect of decision making," Director General, Datuk Jalilah Baba told reporters, on the sidelines of the Invest Malaysia 2010 conference here Tuesday.

Kedah tetap teruskan Sulihh

Wed, 20 Jan 2010 03:20:15 GMT

ALOR SETAR 19 Jan. – Kerajaan negeri tetap meneruskan Projek Hab Hidrokarbon Sungai Limau (Sulihh) walaupun ia belum mendapat kelulusan Jabatan Alam Sekitar (JAS) disebabkan tidak menepati laporan Impak Alam Sekitar (EIA).

Menteri Besar, Datuk Seri Azizan Abdul Razak berkata, projek tersebut akan berjalan seperti biasa sebaik mendapat ‘lampu hijau’ daripada pihak berkenaan yang dijangka dalam masa dua atau tiga bulan lagi.

EIA tidak halang projek SULIHH: Azizan

Wed, 20 Jan 2010 01:37:27 GMT

ALOR SETAR: Projek penapisan minyak Sungai Limau Hidro Karbon Hub (SULIHH) bernilai RM36 bilion (AS$10 bilion) akan tetap dilaksanakan seperti dirancang selepas mendapat kelulusan laporan penilaian kesan alam sekitar (EIA), kata Menteri Besar Kedah, Datuk Seri Azizan Abdul Razak.

Upacara pecah tanah projek itu telah beberapa kali tertangguh dipercayai akibat Jabatan Alam Sekitar menolak laporan EIA yang dikemukakan oleh pelabur kerana tidak lengkap.

SULIHH: Tambak laut tangguh

Tue, 15 Dec 2009 01:09:48 GMT

ALOR SETAR - Projek loji penapisan minyak Hab Hidrokarbon Sungai Limau (SULIHH) di Yan kini dalam peringkat akhir menyediakan dokumen teknikal untuk permohonan kelulusan Laporan Kesan Alam Sekitar Terperinci (DEIA).
Pengerusi Jawatankuasa Industri dan Pelaburan, Sains dan Inovasi, Bioteknologi dan Pembangunan Usahawan, Datuk Ir Amiruddin Hamzah berkata, berikutan itu Kerajaan Negeri masih belum dapat menandatangani Memorandum Of Agreement (MoA) dengan pihak pelabur kerana perlu mendapatkan kelulusan Jabatan Alam Sekitar sebelum meneruskan projek penambakan laut.

Privately-held Merapoh Resources Corp Sdn Bhd has roped in two private Chinese companies to invest US$10 billion.

Thu, 03 Dec 2009 06:28:52 GMT

Hong Kong Beijing Star Ltd and Winson Investment Ltd will invest US$5 billion (RM18 billion) each to build the refinery in Yan, Kedah.

The two investors signed a memorandum of agreement with Merapoh and the Kedah state government in Kuala Lumpur yesterday.
Merapoh executive chairman Md Nazri Ramli said it will invite other local and foreign investors to take up stakes in the project. Construction is scheduled to start next month.

Merapoh to build RM36bil oil refinery in Kedah

Thu, 03 Dec 2009 06:27:41 GMT

Country’s biggest such facility to take shape in Yan by 2014

KUALA LUMPUR: Merapoh Resources Corp Sdn Bhd aims to complete the building of a US$10bil (RM35.7bil) oil refinery in Yan, Kedah, which will be the biggest in the country, by 2013 or early 2014, said executive chairman Md Nazri Ramli.

“We have appointed South Korea’s SK Group, which owns one of the world’s largest oil refineries and the third largest industrial group in South Korea, to do the engineering and construction of the project and the maintenance of the refinery,” he said at an agreement signing ceremony for the project here yesterday.

“Under the project, Merapoh will import crude oil from the Middle East, most probably from Saudi Arabia, process the crude into refined products and export them to China and other Asian nations,” he said.

The plant would produce naphtha, gasoline, kerosene, jet fuel, diesel and liquefied petroleum gas, the company said

Merapoh Resources To Build US$10 Billion Oil Refinery In Kedah

Thu, 03 Dec 2009 06:17:43 GMT

KUALA LUMPUR, July 15 (Bernama) -- Merapoh Resources Corporation Sdn Bhd and Kedah State Government on Wednesday signed a memorandum of agreement for the development of a US$10 billion refinery project in Yan, Kedah.

Merapoh Resources Corporation executive chairman, Md Nazri Ramli, said the project comprises the development of a two-train refinery in Sungai Limau Hydrocarbon Hub (SULIH) with a total capacity of 350,000 barrels per day. The construction and the development of the refinery is expected to be completed within five years, he said at the signing ceremony for the implementation of the project here Wednesday.

Economy expands 4.7% in Q3

Mon, 01 Sep 2008 15:46:02 GMT

KUALA LUMPUR: Malaysia’s economy expanded at a slower pace of 4.7% in the third quarter (Q3) compared with 6.7% in the second quarter (Q2) due to the sharp deterioration in the global economic and international financial environment.

Bank Negara said on Friday the weaker external factors saw the country’s net real exports of goods and services decline by 14.8%, a contrast from the 20% growth in Q2.

Malaysia Ranked world top 20 most attractive at Foreign Direct Investment

Mon, 01 Sep 2008 15:45:59 GMT

The recent ststistics have indicated that Malaysia ranked No. 14th as most attractive countries for foreign direct investment (FDI), according to the World Investment Prospects Survey 2007-2009 FDI by the United Nations Conference on Trade and Development (UNCTAD).

Australia Trade Mission, a Success.

Mon, 01 Sep 2008 15:45:57 GMT

ALOR STAR: A technical college that will be known as KASEHI will build in the Sungai Limau Constituency, Yan in order to meet the demand of the proposed Hydrocarbon Petroleum Hub.