ZTE (Malaysia) Corp signs MoU with Sabanilam Enterprise
KOTA KINABALU: ZTE (Malaysia) Corp Sdn Bhd, a subsidiary of ZTECorporation, has signed a memorandum of understanding (MoU) with Sabanilam Enterprise Sdn Bhd (SESB) to be the solution technology partner in their International Technology Commercial Centre Penampang (ITCC) mixed development project.
The agreement was signed between ZTE Malaysia sales director (public sector) Jasmee Basiron and SESB group general manager, Ceasar Mandela Malakun at SESB’s office recently.
Ceasar said: “This MoU with ZTE will be the answer to Sabah Development Corridor’s private development initiative; to be the forefront for technology in infrastructure, communication and industry.
“The collaboration with ZTE continues to strengthen ITCC-Penampang’s position to provide a modern and technologically savvy development in Sabah, giving convenience to our tenants, shoppers and owners in the 10.5-acres’ mixed development.”
Under the agreement, ZTE will provide advanced ICT – infrastructure and communication technology on solutions and systems that will regulate the overall technology operational aspect in ITCC-Penampang.
Jasmee said: “This agreement with SESB is our first collaboration with a Sabah bumiputera-led company, the developer and owner ofITCC-Penampang and will be a catalyst for future expansion on similar module in Sabah.” ZTE is a multinational globally-leading provider of telecommunications equipment and network solutions based in Shenzhen which is China’s largest listed telecoms equipment company and is the world’s fifth-largest telecoms equipment maker and fourth biggest in producing smartphones.
ITCC, located along Penampang by-pass, is a fully integrated development comprising 330 hotel rooms, 16 floors hotel suite (290 units), four-storey thematic shopping podium and 16 levels of A-Grade I-Office Tower.
The project is slated to be opened for business in the fourth-quarter of 2015. Sabanilam Enterprise is currently targeting both local and foreign investors who seek business expansion and investment opportunities in ITCC-Penampang.