KUALA LUMPUR, April 28 (Bernama) — The Performance Management and Delivery Unit (PEMANDU) has played a crucial role in attracting more investments, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
“We have done very well in investments, we surpassed our RM148 million per annum target,” he said after the launching of the Government Transformation Programme and Economic Transformation Programme 2014 Annual Report in Kuala Lumpur, Tuesday.
PEMANDU, which introduced the programmes, also monitors their progress.
“Compared to before, the situation is more orderly, systematic and efficient, through the transformation brought about by the programmes,” Mustapa said.
Among others, he said, the government has introduced a number of projects that have resulted in 1.5 million jobs being created, important to young people and enabling the country to achieve full employment.Read More
KUALA LUMPUR: TB Supply Base Sdn Bhd (TBSB), which has received interest from over 100 companies to utilise its facilities in Tok Bali, Kelantan, will spend RM100 million in 2015 for civil works and to build facilities such as additional warehouses, Customs and Immigration building, new offices, canteen, rigging loft, crew jetty and helipad.
TBSB is ultimately owned by Kelantan royalty Tengku Rozanna Petri and Tengku Rozlynda Petri Tengku Mohd Nasrun, through Forlenza Holdings Sdn Bhd. Forlenza through Matrix Reservoir Sdn Bhd, owns a 99.99% stake in TBSB. TBSB’s directors include Tengku Datuk Mohamad Rizam Tengku Abdul Aziz (also the chairman), Tengku Rozanna Petri and Shankar Ray Shi-Wan.
TBSB is a logistics hub located in Tok Bali, Kelantan specifically catered to providers of support services to the offshore oil and gas industry. It has invested RM90 million to date since June 2014, for facilities like warehouses, revamp works and wharf. TBSB is located on a 328 acres site.
KUALA LUMPUR, Feb 23 (Bernama) — The Tok Bali Supply Base project in Kelantan can attract up to RM1 billion in investments within the next three years. Minister of International Trade and Industry Datuk Seri Mustapa Mohamed said the project would have a spin-off effect on the surrounding Tok Bali area and the state itself. “This is a very important project for Kelantan. This is what the Kelantanese are yearning for,” he told reporters during a briefing Monday. Mustapa said Tok Bali Supply Base Sdn Bhd (TBSB), the operator of the supply base, has invested about RM90 billion to construct it and is expected to spend an additional RM100 million this year with its partners. He said TBSB is currently in talks with a pipe specialist company to set up a pipe-coating operation at the port, with an investment of about RM340 million over the next two years. He added that the company would occupy as much as 32.37 hectares of the port land with the objective of creating a facility...Read More