Second PCS petrol station owned by the cooperative in Kapit

6 November 2023

By Wartawan Nabalu News

KAPIT: A portable container system (PCS) concept gas station will be built in Simpang 4, Kampung Sawang, Jalan Lepong Balleh, approximately eight kilometers from Kapit town.

Minister of Entrepreneur Development and Cooperatives, Datuk Ewon Benedick, said the project, undertaken by Sungai Kapit Cooperative Berhad (KSKB), is the second PCS gas station owned by a cooperative in Sarawak.

The first PCS gas station is located in the Bau-Lundu area and is managed by the Sarawak Land Consolidation and Rehabilitation Authority Cooperative Berhad.

"With the opening of this gas station, I hope it not only increases the cooperative's income but also provides benefits to the local community, especially rural residents, to obtain a supply of petrol and diesel for daily economic activities," he said.

He said this at the groundbreaking ceremony of the project yesterday.

Ewon said his ministry, through the Malaysian Cooperative Commission (SKM), provides a revolving capital fund (TMPSKM) with financing up to RM30 million and a maximum financing period of 25 years.

According to SKM Sarawak Branch statistics until December 31 last year, there were 1,159 cooperatives in Sarawak with a membership of 310,125 people. The cooperatives' assets were valued at RM647.5 million, with revenue exceeding RM392.6 million.

In Kapit, there are 36 registered cooperatives with a membership of 5,902 people and assets valued at RM2.85 million, with revenue reaching RM4.9 million recorded.

"Congratulations to Sungai Kapit Cooperative Berhad for their dedication to realizing this PCS gas station project. It is hoped that this project can be implemented soon for the benefit of the surrounding community that requires the convenience of petrol and diesel sales in this area.

"As continuous support for cooperative economic development, the Ministry, through the Malaysian Cooperative Commission (SKM), is ready to assist cooperatives not only in terms of advisory services but also in providing financing through the revolving capital fund (TMPSKM).

"In addition, SKM also provides Cooperative Development Grants to any eligible cooperative subject to the prescribed conditions," he said.

Also present were the Chief Executive Officer of the Malaysian Cooperative Commission (SKM), Rusli Jaafar, Kapit District Officer Cerisologo Sabut, IKMa Board of Directors Chairman Haji Mohd Yahya Haji Mat Sahri, Sarawak Cooperative Council agency heads and local leaders.