Sabah hopes Korean group will invest in EV sectors

Business & Finance
21 Jul 2023 • 10:20 AM MYT
Daily Express
Daily Express

Daily Express Online (Malaysia) is Sabah's top-ranked & most viewed English news site. It is also Sabah's leading & most circulated daily English newspaper.

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Kota Kinabalu: The State Government hopes to secure expanded investments from South Korea’s conglomerate, SK Group, in the green-related and Electric Vehicle (EV) sectors, said Industrial Development and Entrepreneurship Minister Phoong Jin Zhe.

“Hopefully they will expand (their investments) not only in copper foil (productions) here, but in producing whole batteries and subsequently the EV industry.

“The SK Group has strategies in place and we have to actively put Sabah in their mind, and on the map.