Shandong Huaxin and Malaysia invest RM15 billion to develop industrial park

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JRG Minerals Sdn Bhd, in partnership with Shandong Huaxin Industrial Co Ltd, plans to develop a RM15 billion integrated project in Kuantan, Pahang, involving a land area of 2,428 hectares.

The project will be a catalyst for economic growth in the East Coast region and may include solar power plants, motor cities, Malaysian Power City, etc.

JRG is principally engaged in mineral resource development and is a subsidiary of the Truevest Bhd group of companies. Shandong Huaxin Industrial is a Chinese enterprise group that entered the Malaysian market for the first time.

(Source: theedgemalaysia Image source: unsplash)

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