
Kota Kinabalu: Sabah Electricity Sdn Bhd (SESB) signed an electricity supply agreement with a South Korean company Monday.
SESB Chairman Datuk Seri Wilfred Madius Tangau said through the agreement, SK Nexilis will be the first and last investor to get a special tariff aimed at attracting foreign investment to Sabah.
"Through this memorandum of understanding, special privileges will be given to SK Nexilis as SESB's largest industrial power consumer when this plant is fully operational later," he said during a signing ceremony, here.
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