Monday, May 14, 2012
His Royal Highness the Sultan of Johor, Sultan Ibrahim ibni Almarhum Sultan Iskandar launched the a refinery and petrochemical integrated development (RAPID) project in Pengerang, Johor. RAPID, which involves an investment of RM60 billion, will have the capacity to refine 300,000 barrels of imported crude oil and would offer 4,000 permanent jobs. Sultan Ibrahim said the selection of Pengerang as an oil and gas industry hub was a blessing for Johor because the state and its people would stand to benefit from the large investments pouring in. The RAPID development would also open up jobs and businesses which would help raise the living standard of the people.
In the ceremony, the Sultan also expressed his sadness that a small group of people was opposed to the Petronas project and was trying to instigate others to stage protests and make unreasonable demands. The sultan said he had been informed that due compensation would be paid for the property acquired for the development of the project, and advised the people not to make unreasonable demands. Sultan Ibrahim said the government and related parties should exercise fairness in resolving the problems associated with the people, adding that he would make regular trips to Pengerang to ensure that the project progressed as planned.
Prime Minister Datuk Seri Najib Tun Razak, Johor Menteri Besar Datuk Abdul Ghani Othman and Petronas president and CEO Datuk Shamsul Azhar Abbas were also present at the event.
picture from Bernama