Asia
Contract for Sabah Ports
Kuala Lumpur: Sabah Ports had signed a memorandum of understanding with Sipitang Oil and Gas Development Corporation, a wholly-owned company of the State Government of Sabah whose purpose is to own, develop, manage and market the Sipitang Oil and Gas Industrial Park (SOGIP).
Under the MoU Sabah Ports will manage SOGDC’s port facilities for the next five years.
SOGDC was founded four years ago on a 1,600 ha site. [27/06/14]