PERAK STATE MINERAL INDUSTRY DEVELOPMENT INITIATIVE THROUGH THE STRENGTHENING OF DOWNSTREAM ACTIVITIES AND MANUFACTURING
28 Apr 2022
IPOH, 28th April 2022 - Perbadanan Kemajuan Negeri Perak (PKNPk) has made an agreement into a Built-To-Suit & Lease (BTSL) Heads of Agreement with Syarikat Jinjing Silicon Technology Sdn Bhd for the production of investment and development of mineral-based downstream industries. This basic agreement for the construction of the plant through the Built-To-Suit & Lease (BTSL) scheme while Syarikat Winro Sdn Bhd is for mineral industry development initiatives.
The collaboration between the two parties in an area of 11.88 acres of land owned by PKNPk in Kanthan is expected to be a catalyst for the development of Silver Valley Technology Park (SVTP). The initial investment value is RM100 million.
It will attract more industrial investments related to silica or quartz and operate as the first plant to spearhead the development in the Kanthan industrial area.
This agreement was witnessed by YAB Dato' Seri Saarani bin Mohamad, Menteri Besar of Perak Darul Ridzuan. Also present were YBhg. Datuk Redza Rafiq bin Abdul Razak, Chief Executive of PKNPk, Mr. Cui Wenchuan, Managing Director of Jinjing Silicon Technology Sdn Bhd and Mr. Dennis Chin, Managing Director of Winro Sdn Bhd.
>> Back to News Print