KOTA KINABALU: The Kota Kinabalu Industrial Park (KKIP) is expected to have more investment and development coming in to complement the expansion of Sepanggar Bay Container Port (SBCP).
Deputy Chief Minister Datuk Seri Dr Joachim Gunsalam said under the 12th Malaysia Plan (2021-2025), KKIP is scheduled to develop specific industrial clusters in tandem with the SBCP expansion.
“KKIP plans to capitalise on the spin-offs from the logistics and transhipment activities while continuing to focus on import substitution industries and also downstream industries related to automotive, halal and food manufacturing, green technology, aerospace, Free Economic Zone as well as logistics and distribution,” he said at the KKIP Chinese New Year 2023 celebration here today.
Dr Joachim was also pleased that KKIP is in the process of transforming to make the industry relevant to what is happening across the globe.
“With the new initiatives implemented by KKIP, we can assure you that Sabah’s industry will not be left far behind other developed countries. The development of various industries like the Aerospace MRO and Training Centre, automotive, Auto City, logistics and distribution, halal and food industry, and Sabah Integrated Marketplace in KKIP is now ongoing. We are very excited to make it a reality,” he said.
The former Industrial Development Minister also stressed that KKIP is not just a property developer but is dedicated to supporting the government agenda to establish and create a high-income community.
“We also need the economic activities in KKIP to be sustainable. It needs to have a future that it can go further for the people,” he said while congratulating KKIP Sdn Bhd Universal Motor for organising the significant event.
Also present were, the Minister of Industrial Development and Entrepreneurship cum Chairman of KKIP Sdn. Bhd, Phoong Jin Zhe; Group Chief Executive Officer KKIP Sdn Bhd, Lawrence Kimkuan; Senior Manager of Commercial Vehicle Division, Isuzu Malaysia, Chin Hau Yen; Managing Director of Universal Motor (UM), Chok Yun Kiong; Head of department and agencies, KKIP Investors, Management and staff of UM, and KKIP Sdn Bhd.