NANJING: Petroleum Sarawak Bhd (PETROS) and China Jiangsu International Economic Technology Cooperation Group Ltd (CJI) have inked seven Memoranda of Understanding (MOUs) with potential investors as part of ongoing efforts to advance the development of the Kuching Low-Carbon Hub (KLCH).
The MOUs were signed by seven strategic partners who have expressed their preliminary intention to invest resources aligned with their expertise in one of the industrial parks for the KLCH.
The signing ceremony was witnessed by Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg, Deputy Minister of Utility (Sarawak Energy and PETROS) Datuk Ibrahim Baki, and PETROS Chairman Tan Sri Datuk Amar Hamid Bugo.
The first Memorandum of Understanding (MOU) was signed with the ASEAN Jiangsu Chambers of Commerce Alliance (AJCCA) to expand regional investment and trade opportunities, facilitate economic cooperation, project matchmaking, and industry linkages between Jiangsu and ASEAN countries.
AJCCA supports Jiangsu businesses entering ASEAN and ASEAN enterprises investing in Jiangsu while expanding collaboration into areas like the digital and green economy as well as technological innovation for mutual and sustainable growth.
Next, an MOU was signed with the Jiangsu Unicorn and Gazelle Enterprise Alliance (JUGA), an emerging-industry platform representing more than 2,000 high-growth companies, including unicorns, potential unicorns and gazelle enterprises.
With strong capabilities in mobilising advanced technologies, innovative models and industrial-chain resources, JUGA supports technological self-reliance and drives high-quality economic development.
Another potential investor, CUCDE Environmental Technology Co. Ltd, is a Beijing-based ‘Double Hundred Reform’ pilot enterprise specialising in sanitation and solid waste management.
Its capabilities include circular economy park planning, waste collection and treatment, incineration and landfill projects, organic and hazardous waste management, construction and agricultural waste solutions, and solid waste resource utilisation.
The signing also involved Nanjing TOUA Hardware & Tools Co. Ltd, a national high-tech enterprise specialising in research and development (R&D), production and sales of power tools and mid-to-high-end building hardware.
With strong R&D capabilities, over 90 patents and contributions to industry standards, TOUA is recognised as one of the ‘Famous Brand of Jiangsu’.
Environmental governance and resource recycling technologies will be strengthened through an MOU with Nanjing Wondux Environmental Protection Technology Corp. Ltd (WONDUX), a Shanghai STAR Market-listed SRDI enterprise specialising in intelligent environmental governance and resource recycling with focus areas including waste pollution control, industrial wastewater zero-discharge, salt recovery and new energy material extraction.
With numerous innovation platforms, over 100 patents and national awards, WONDUX provides advanced technology, system integration and comprehensive solutions for environmental management.
Another potential investor, Jiangsu Ankura Smart Power Station Technology Co. Ltd (ANKURA), is a technology company specialising in high and ultra-high-voltage cable accessories, power equipment and intelligent products.
ANKURA provides end-to-end services – including consultation, design, construction, operation, maintenance and financial support – for underground transmission projects.
The company has achieved several domestic firsts, including China’s first 330kV and 500kV cable line EPC projects, the first 220kV GIL grid project, and development of 1000kV and 220kV GIL systems.
Completing the list is Jiangsu Complete Equipment Co. Ltd (JCEC), a leading enterprise providing equipment supply and technical consultancy for major national and large-scale projects.
Leveraging expertise in equipment integration, project management, and technical consulting, JCEC grows its traditional consulting while expanding into overseas markets and dual-carbon services.
Its business structure covers all project phases and specialised consultancy, with a focus on carbon consultancy, carbon asset management and industrial investment.
