SEPANG: A Chinese company plans to invest more than RM1 billion to set up a plant in Melaka to produce halal bio-gelatine.
Entrepreneur Development Minister Mohd Redzuan Md Yusof said he discussed the project with Ayub Su, the vice president of Gansu Amin Bio Halal Gelatine Co Ltd (Aminbio), last Friday.
He was accompanied at the meeting by representatives of the Melaka State Development Corporation (PKNM).
Aminbio is the largest gelatine producer in Gansu, a province in north-central China.
Redzuan said Aminbio will build the plant in two phases, the first involving an investment of RM120 million and the creation of about 200 job opportunities.
The second phase will cost RM900 million and offer another 2,000 jobs.
“The plant will be Aminbio’s first outside China and the largest in Southeast Asia.
“Aminbio is discussing with PKNM to identify a suitable site for the plant,” he said at KLIA on his return from China today.
He was a member of Prime Minister Dr Mahathir Mohamad’s delegation that spent five days on an official visit to China last Friday.
Redzuan said he also held talks with representatives of Longi Solar, which is among the largest manufacturers of solar panels in the world, about the possibility of expanding the company’s current operations in Malaysia.
Longi Solar has a plant in Kuching that employs more than 2,000 Malaysians and with annual exports valued at US$240 million (nearly RM1 billion).
Redzuan also said Beijing Sanju Environmental Protection & New Materials Co Ltd has expressed interest in setting up a plant in Malaysia to produce biofuel and fertilisers using agricultural wastes as input.
“The prospective investment is worth US$200 million (RM800 million) to set up facilities to process 400,000 tonnes of agricultural wastes,” he said.
He said Sanju’s investment would benefit the entire oil palm supply chain, including smallholders.
Discussions were also held with China Solid State Lighting Alliance (CSA) last Sunday on possible cooperation with Malaysian university researchers to develop solid state lighting.
He said NVC Lighting Holding Limited offered to supply LED energy-saving lighting to Melaka without cost.
Redzuan said Malaysian entrepreneurs should forge ties with Chinese investors for their mutual benefit.