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Sarawak Energy Inks PPA with Malaysian Phosphate Agreement to Supply Power to Region’S 1St Integrated Phosphate Complex in Sarawak by AZU JAMUL

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Sarawak Energy Inks PPA with Malaysian Phosphate Agreement to Supply Power to Region’S 1St Integrated Phosphate Complex in Sarawak by AZU JAMUL January - October 2014 | Complimentary Issue Sarawak Energy Inks PPA with Malaysian Phosphate Agreement to supply power to region’s 1st integrated phosphate complex in Sarawak by AZU JAMUL SARAWAK state-owned Sarawak Energy Bhd announced that it had signed an agreement to supply 150MW of power to Malaysian Phosphate Additives (Sarawak) Sdn Bhd (MPASSB) for RM1 billion phosphate plant. This was done through its wholly-owned subsidiary Syarikat SESCO Bhd via a power purchase agreement (PPA) term sheet. The signing followed an announcement to Sj tveit (left) shaking hands with Wu after the signing of the agreement to supply power to Malaysian Phosphate Additives yesterday the exchange on Dec 31, 2013, by integrated 0 infrastructure development company Cahya “Sarawak Energy has created an avenue for The location of the plant is to take advantage The plant is expected to be completed in 2016 Mata Sarawak Bhd that its wholly-owned foreign investors and local players alike to of the competitively priced long-term power and will manufacture food phosphates, animal subsidiary Samalaju Industries Sdn Bhd (SISB) increase their presence through reliable channel supply prices and supporting infrastructure that feed phosphates and fertiliser phosphates for has entered into a shareholders’ agreement with of renewable energy in Sarawak and the steady have been successfully attracting other energy use in local and export markets. Sarawak Energy’s Malaysian Phosphate Venture Sdn Bhd and its pace of investment shows investors’ confidence intensive industries to SCORE’s SIR . projections indicate that by the middle of the parent company MPASSB, and Arif Enigma Sdn in the state.” next decade, residential, retail and commercial Bhd (AESB) for the development of a 500,000 “We look forward to grow and sustain this customers in Sarawak will require 2,000MW while metric tonne per annum phosphorus plant. “This is expected to contribute positively towards affiliation with the green energy power house in SCORE customers will consume at least 6000MW. the state’s development and the economy of the Sarawak while expanding our business frontier. This plant is said to be Malaysia’s and South-East country in the long run,” said Sarawak Energy’s In the present era of technology, it is imperative The state’s gross domestic product is expected Asia’s first integrated phosphate complex and CEO Datuk Torstein Dale Sj0tveit in a statement that we keep ourselves aligned to a more efficient to expand five-fold by 2030 with approximately will be located in Samalaju Industrial Park (SIP), yesterday. and effective source of energy while moving 1.6 million jobs to be created when SCORE is fully Sarawak, an area within the Sarawak Corridor of forward,” said MPASSB’s director Wu Sor Hwa in operational. Renewable Energy (SCORE). the same statement. Source : The Malaysian Reserve MOSTI to Push Commercialisation of more R&D-based Products by R KAMALAVACINI Ewon said for the past three Malaysia Plans, three components namely technology The Ministry of Science, Technology and the nation has invested RM4.8 billion to commercialisation platform, promotion Innovation (MOSTI) anticipates the rate fund various R&D projects and managed to and ICT. He said the industries in focus for of commercialisation of research and generate an income of RM5.12 billion. “In the commercialisation purpose would be development (R&D)-based products to the Ninth Malaysia Plan alone about 311 healthcare, biotech and energy sector. go up to 10%-15% this year, from 8% projects out of 1,189 projects approved have currently, through its intensive MOSTI been commercialised which contributed Deputy Minister Datuk Dr Abu Bakar Commercialisation Year 2014 programme approximately RM2.6 billion to the nation.” Mohamad Diah said the ministry will (MCY2014). come out with an exclusive car number Ewon said 10 Malaysian companies that plate featuring “1MCY” in conjunction with Minister Datuk Dr Ewon Ebin (picture) said received R&D funds from the Malaysia R&D MCY2014. to achieve the target, MOSTI has taken the Grant Scheme (MGS) are now listed on challenge to commercialise a minimum of the local exchange and the London Stock “Less than one month from today we can 60 products per year to both domestic and Exchange with total market capitalisation of have it whereby only 500 number plates international markets. “Previously, per year RM938 million. will be available in the market. Anyone we only manage to commercialise about 20 interested may buy it from the Road products that had gone through intensive Knowing the capabilities and Transport Department,” he said, adding R&D works but this is not enough,” he told competitiveness of local companies in that the move is part of the ministry’s Ministry of Science, Technology and Innovation the media after the launching of MCY2014 the global arena, the minister said MOSTI promotional initiative. Datuk Dr Ewon Ebin has drafted nine initiatives comprising in Shah Alam, Selangor, yesterday. Source : The Malaysian Reserve 2 | MTDC NEWS January - October 2014 Usahawan muda Superb diumum setiap suku tahun KUALA LUMPUR 27 Jan. - Usahawan- idea-idea yang kreatif serta bagus usahawan muda Bumiputera yang untuk dimajukan,” katanya. berjaya memperoleh geran Skim Usahawan Permulaan Bumiputera Beliau berkata, usahawan-usahawan (Superb) akan diumumkan pada muda Bumiputera yang layak untuk setiap suku tahun bermula akhir Mac program Superb akan dipilih oleh depan. Jawatankuasa Pemilihan yang dianggotai sekumpulan panel Ketua Pegawai Eksekutif Unit Peneraju usahawan yang berjaya dalam Agenda Bumiputera (Teraju), perniagaan masing-masing. Husni Salleh berkata, program di bawah kendalian pihaknya itu akan Beliau memberitahu, pihaknya akan berjalan selama tiga tahun sehingga bekerjasama dengan pelbagai agensi 2016 dengan dana berjumlah bagi membantu usahawan-usahawan RM100 juta. Katanya, program itu “Kami juga tidak menolak usahawan- syarat-syarat untuk peserta program di bawah program Superb untuk menyasarkan usahawan Bumiputera usahawan daripada bidang pertanian, itu adalah usahawan berstatus mengembangkan perniagaan dan berusia antara 18 hingga 40 tahun pembuatan, pembinaan, bioteknologi, Bumiputera atau syarikat yang mendapat pelaburan. yang mempunyai idea kreatif untuk tenaga, sains hayat serta teknologi mempunyai pegangan 60 peratus produk dan perkhidmatan, teknologi hijau,” katanya dalam sidang akhbar Bumiputera dengan Pengarah Urusan Antara agensi berkenaan adalah baharu ataupun inovasi dalam model di pejabatnya di Mutiara Damansara adalah Bumiputera dan majoriti Cradle Fund, Malaysia Technology perniagaan. di sini hari ini. ahli Lembaga Pengarah terdiri Development Corporation (MTDC), Bumiputera. MyCreative Ventures, Malaysia “Sektor-sektor yang mendapat Perdana Menteri, Datuk Seri Najib Venture Capital Management tumpuan untuk program ini adalah Tun Razak dalam satu kenyataan Katanya, tumpuan program itu (Mavcap), Modal Perdana dan sektor Bidang Keberhasilan Utama hari ini mengumumkan program adalah kepada usahawan atau syarikat Perbadanan Pembangunan Ekonomi Negara (NKEA) selain sektor Superb yang menyediakan geran baharu dengan operasi telah bermula Multimedia (MDeC). teknologi komunikasi maklumat sehingga RM500,000 akan membuka tidak lebih tiga tahun. “Kita berharap (ICT) serta multimedia. permohonan penyertaannya bermula mencari usahawan-usahawan yang -Utusan Online 2 Februari ini. Menurut Husni, antara berfikir ‘di luar kotak’ dan mempunyai Government Launches RM100 Million Superb Fund for Young Bumi Entrepreneurs KUALA LUMPUR, Jan 27 Teraju Chief Executive Officer technologies, biotechnology, companies or partnerships (Bernama) — The government Husni Salleh said RM30 million energy technology, electronics with a minimum 60 per cent Monday launched the has been allocated this year, with and semiconductors, and green Bumiputera stake are eligible for Skim Usahawan Permulaan the target to create 60 Bumiputera technology sectors. the Superb grants. Bumiputera (Superb) with a firms in the scheme’s first year of RM100 million fund for three operation. Superb will be supported by six Applications open on February years to help creative and government agencies — Cradle 2 with the selection panel innovative young Bumiputera “This initiative will benefitFund Sdn Bhd, Malaysian comprising high-calibre entrepreneurs find their footing Bumiputera entrepreneurs Technology Development entrepreneurs, and successful in business. and help small firms to find Corporation, MyCreative applicants will be announced their place in business,” he told Venture Sdn Bhd, Malaysia every quarter, with the first Superb, which is under the Unit reporters at a briefing here today. Venture Capital Management announcement expected in Peneraju Agenda Bumiputera Bhd, Kumpulan Modal Perdana March, he said. (Teraju), provides grants of up to Husni said Superb’s industry Sdn Bhd and Multimedia RM500,000 to new Bumiputera focus covers the communications Development Corporation. A separate selection committee firms or those that have been technology, creative multimedia, will be formed in Sabah and operating for less than three software, new manufacturing Husni said entrepreneurs aged Sarawak, he added. years. and construction related 18 to 40 and Bumiputera-led MTDC NEWS January - October 2014|3 KUASA PENGGALAK TANAMAN TAIACE CIPTA PRODUK INOVASI BAHARU JIMAT TENAGA NILAI, 6 Feb (Bernama) -- Taiace Beliau berkata syarikat tersebut telah Engineering Sdn Bhd (Taiace), syarikat membekalkan alat tersebut kepada Bumiputera,
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