KUCHING (Feb 27): The Bintulu Development Authority (BDA) and Press Metal Aluminium Holdings Berhad have signed a memorandum of understanding (MoU) to establish an 80,000-tonne solar module fabricated aluminium frame facility in Samalaju.
The RM600 million project aims to bolster Sarawak’s position in the renewable energy sector while creating job opportunities and driving industrial growth in the region.
Press Metal Group CEO Tan Sri Dato’ Paul Koon Poh Keong described the partnership as a testament to their shared commitment to economic development and sustainable manufacturing.
“This MoU marks a significant milestone in our journey towards supporting Sarawak’s vision of becoming a hub for renewable energy and sustainable industrial development,” he said during the MoU signing ceremony.
Koon highlighted that the new facility would enhance the Samalaju Industrial Park’s role in the global supply chain and attract further investment.
“As the world shifts its focus to clean energy solutions, the demand for solar power has grown considerably.
“Aluminium plays a key role in making solar panels more efficient, cost-effective, and long-lasting, which is why Press Metal is committed to expanding our capacity to meet global demands,” he said.
Under the investment structure, BDA will hold a 20 per cent stake in the project, while Press Metal will own the remaining 80 per cent.
The project will be funded through a 20 per cent capital injection, with the rest secured via term loans.
Koon also revealed that Japanese conglomerate Sumitomo is considering investing in the venture, with an official announcement expected if the deal materialises.
Beyond job creation, Press Metal plans to collaborate with local educational institutions to develop technical skills and leadership among Sarawak’s workforce.
“We believe in empowering our workforce through targeted training programs, technical upskilling, and leadership development. By building a strong pipeline of skilled professionals, we can contribute to Sarawak’s growing renewable energy sector,” Koon said.
He further emphasised the project’s commitment to environmental sustainability, ensuring compliance with regulations and the adoption of eco-friendly practices.
“We are fully committed to ensuring that our operations comply with all environmental regulations and that we adopt the best practices to minimise our carbon footprint,” he said.
Expressing gratitude to the Sarawak government for its support, he stressed that the project was more than just an industrial development.
“Together, we are not just building an aluminium frame facility – we are strengthening the value chain, creating better and greater opportunities, and contributing to a cleaner, greener tomorrow for Sarawak and Malaysia,” he said.
The MoU signing ceremony was witnessed by Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg, who is also BDA chairman, along with other state dignitaries.
