KUCHING: A China-based Fortune 500 company and Sarawak State Economic Development Corp (SDEC) plan to jointly invest in a US$1.8bil (RM7.4bil) pulp and paper manufacturing plant in Samalaju Industrial Park, Bintulu.
Shan Ying International Holdings Co Ltd and SEDC will collaborate on the project under a memorandum of understanding the two parties inked in Anhui Province, China, last week.
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