KOTA KINABALU: Two Japanese firms, with interest in renewable biomass energy, are expected to invest close to RM300 million in Sabah’s Lahad Datu Palm Oil Industrial Cluster (POIC).
One of the firms is expected to sign the lease agreement with POIC on Dec 3 in Tokyo.
The other, F Bit Communications Corporation, will do the same here later this month. It now operates a 10-Megawatt biomass plant.
These two companies were among 140 firms that attended a business seminar in Japan on Friday to attract investors there.
