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Malaysia: SOGDC provided investment of RM 15 billion to Sipitang Oil and Gas Industrial Park

Description

On 8 November 2021, the Sabah Oil & Gas Development Corporation (SOGDC) made an investment of RM 15 billion (USD 3.6 billion) to Sipitang Oil and Gas Industrial Park (SOGIP). The objective was to...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Nov 2021

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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