Malaysian tycoon plans to build industrial park tied to Bakun Dam

Article Abstract:

Malaysian businessman Ting Pek Khiing plans to construct a 37,000-acre industrial park in Bintulu, Sarawak, to house Malaysia's equipment manufacturers for the 15 billion ringgit Bakun Dam. The 20 billion ringgit construction of the industrial park will be undertaken by Ting's Sarawak Pulp Industries Sdn. Bhd. and the Sarawak state government. An executive involved with the project noted that the proposed industrial park is part of an overall plan to develop Bintulu as the region's manufacturing center for hydroelectric power equipment.

Subdividers and developers, not elsewhere classified, Industrial Real Estate Developers, Land Subdivision and Land Development, Buildings and facilities, Sarawak, Malaysia, Ting Pek Khiing

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Malaysia's changing horizons

Article Abstract:

Malaysia's Kedah Coastal Reclamation Project is envisioned as a series of nine artificial islands that would serve not only as a coastal protection measure but more importantly, as a platform for industrial facilities. The reclaimed land would house a deep sea port, a petrochemical storage facility, a defense base, an industrial zone and waterfront residential housing. The project would cost the Malaysian government $12 billion and may be considered the first phase in the planned Indonesia-Thailand-Malaysia Growth Triangle Project.

Administration of General Economic Programs, Economic Planning & Research, Public works, Economic conditions, Malaysia, Land reclamation, Reclamation of land

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Bakun share issuance faces a chilly market response

Article Abstract:

Analysts are pessimistic about Ekran's plan to offer 1.5 billion shares in Bakun Hydro-Electric at two ringgit per share. The company will issue three billion ringgit ($1.21 billion) worth of shares in June 1997, of which 10%, or 150 million shares, will be reserved for foreign investors and 15% for the Malaysian public. Bakun Hydro-Electric will be operating a large hydroelectric dam in the Sarawak state on Borneo, Malaysia. Analysts are worried about the dam's huge cost and controversial scale.

Electric services, Hydroelectric Power, Hydroelectric Power Generation, Electric utilities, Finance, Securities, Hydroelectric power plants, Ekran Bhd., Bakun Hydro-Electric Corporation Sdn. Bhd.

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