KUCHING: TNB LABS Sdn Bhd and Borneo Assets Sdn Bhd have entered a memorandum of understanding (MoU) for collaboration in the Borneo market.
The MoU was signed by TNB LABS executive director Dr Hariffin Boosrah and Borneo Assets managing director Cherry Linda Keripin at the Dayak Chambers of Commerce and Industry (DCCI) on May 8.
The agreement marks the beginning of a long-term relationship that aims to bring innovative solutions and services to the Borneo market.
The partnership is expected to bring about significant positive impacts through the development and implementation of cutting-edge solutions and technologies.
The key areas of collaboration include joint research development, market expansion, knowledge and expertise sharing, sustainable practices and green technologies, resource and infrastructure optimisation, and customer-centric initiatives.
“We are excited to partner with Borneo Assets Sdn Bhd to drive sustainable growth and deliver high-quality solutions to the Borneo market. This MoU signifies our shared commitment to innovation and excellence,” Hariffin said.
Meanwhile, Cherry said the collaboration with TNB LABS represents a significant step forward in Borneo Assets’ mission to deliver exceptional value to their customers.
“We look forward to a successful partnership that will benefit both organisations and the communities that we serve.”
For the record, TNB LABS is a trusted solution provider since 2012 and the company strives to broaden its expertise as well as offer its services globally.
TNB LABS is also committed to driving progress in renewable energy and sustainable solutions worldwide.
Meanwhile, Borneo Assets is a leading Sarawak-based bumiputra company with 15 years of experience in the construction industry.
Facing stiff competition in the construction sector, Borneo Assets has diversified its portfolio to include oil and gas-related ventures, showcasing its resilience and adaptability to market changes.
Its collaboration with TNB Labs represents a significant step toward achieving synergistic growth and continued success.