As part of its RM3 billion investment plan, SBH Kibing Solar New Materials (M) Sdn Bhd launched a new manufacturing plant at the Kota Kinabalu Industrial Park (KKIP).
SBH Kibing Solar and the Malaysian Investment Development Authority (MIDA) jointly released a statement today announcing that the factory will produce solar photovoltaic (PV) glass and generate 1,400 new employees, with a minimum of ninety percent of these roles filled by Sabahans.
According to the statement, there will be in-depth training programs implemented for the new hires in order to guarantee that the new facility runs smoothly, Bernama reported.
Sabah Chief Minister Datuk Seri Hajiji Noor presided over the launch ceremony, also attended by representatives of MIDA and the Sabah state government, among them Yu Qibing, chairman of the Kibing Group.
Tengku Datuk Seri Zafrul Abdul Aziz, Minister of Trade, Industry, and Investment, praised SBH Kibing Solar’s RM3 billion development by establishing its second manufacturing facility in Sabah.
“This reflects the company’s confidence in Malaysia’s attractiveness as an investment hub, as well as in our policies on sustainable manufacturing and green economy, particularly as emphasised by the recently launched New Industrial Master Plan 2030 (NIMP 2030), “he said.
According to Tengku Zafrul, this substantial investment in the new facility supports Malaysia’s objective of having net zero greenhouse gas emissions by 2050. Thus, it underlines Malaysia’s position as a significant player in the entire solar PV manufacturing value chain.
According to MIDA CEO Datuk Wira Arham Abdul Rahman, the organization is hopeful that the new solar photovoltaic glass manufacturing facility will act as a beacon of hope for the whole industry, also inspiring others to follow in its footsteps and add to Malaysia’s collective advancements.
“The spillover from this investment would benefit Sabah in many ways, including technology transfer and job creation.
“This would inevitably aid in progressing the state into a thriving manufacturing centre and stimulating the economic development of Sabah, “he said.
Yao XinXi, the assistant CEO of Kibing Group, stated that the company’s goals are to make solar glass of the highest caliber, develop local talent, and generate jobs for the community.
“Our commitment to excellence in technology, innovation, and sustainability will ensure that the plant operates at the highest standards,” he said.
As part of its RM3 billion investment plan, SBH Kibing Solar New Materials (M) Sdn Bhd launched a new manufacturing plant at the Kota Kinabalu Industrial Park (KKIP).