LBS Bina Group Bhd, a property developer based in Kuala Lumpur, has announced plans to collaborate with the Sabah Forestry Development Authority (Safoda), Invest Sabah Bhd, and Midwest Green Sdn Bhd to construct a 10-gigawatt (GW) green hydrogen plant in Kota Marudu, Sabah. This initiative, outlined in a memorandum of understanding signed by the parties, aims to explore the feasibility of the hydrogen plant and other renewable energy projects in the region. The proposed facility is set to be powered by solar and wind energy, with LBS Bina acting as the master developer. The project site, spanning between 15,000 to 30,000 acres in Kota Marudu, will also accommodate a future green industrial park. The envisioned plant targets an annual production of over 250,000 tonnes of green hydrogen, highlighting a significant commitment to sustainable energy production. The collaboration will involve comprehensive land surveys and site inspections to determine optimal locations and establish a consortium structure for the undertaking. LBS Group's executive chairman, Tan Sri Lim Hock San, expressed optimism regarding the venture, emphasizing its potential to drive economic growth and create employment opportunities for the local populace. The project's emphasis on renewable energy sources reflects a broader commitment to environmental sustainability and green technologies in Malaysia. Shares of LBS Bina saw a slight increase following the announcement, signaling positive market sentiment toward the development. This initiative underscores a strategic move towards harnessing renewable energy potential in Sabah, with the aim of fostering economic development and sustainability within the region.