KUCHING: The proposed USD 5 billion oil refinery in Lawas would be a game-changer for development in the northern region of Sarawak and Sarawak’s economy as a whole when it would finally come into realization by 2022.
Chief Minister Datuk Patinggi Abang Zohari Tun Abang Haji Openg pointed out in his return address during a briefing at the Sinopec oil refinery complex in Hainan yesterday, that the refinery complex should be completed by 2022 if the current negotiation and preparation were proceeding as scheduled.
The Chief Minister was leading a delegation of state officials on a two-day fact-finding trip to the Sinopec oil refining facility located at the Yangpu Economic Development Zone in Northwestern Hainan Island.
Abang Zohari said the visit, is a proof of the Sarawak government’s seriousness in trying to ensure that the project would materialize as scheduled and would give the necessary support to facilitate its planning and construction.
An official of Sinopec Engineering Incorporated which signed the MOU as a technology provider with the developer, Beijing BECA Sci-Tech Co. Ltd in June last year, said the feasibility study had now entered the phase of designing the processing unit of the facility sited on a 700-hectare in the Sare peninsular in Lawas.