Abang Johari said Innocement’s mission is to strengthen Sarawak’s cement supply chain.
This followed their signing of a memorandum of understanding with Innocement Sdn Bhd, a joint venture between Sarawak Economic Development Corp and Bintulu Development Authority, here last Friday.
He said to achieve Innocement’s goals, there must be sufficient supply of cement throughout Sarawak, adding that these supplies can be accessed in a timely and cost-effective manner and that prices are stable and transparent. Cahya Mata Cement owns an integrated cement plant in Mambong near here and two grinding plants in Pending and Bintulu.
Abang Johari said demand for cement in Sarawak has surged and will continue to remain high, as a total of 960 projects with a combined value of about RM46bil has been allocated for the state’s infrastructure development. According to the Statistic Department, over the last eight quarters, the construction works value for Sarawak averaged RM3.45bil per quarter against the national average of RM29bil per quarter.
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