SEOUL: There is a need to solidify greater cooperation between Sarawak and South Korea as both had their own strengths which can help each other grow further.
Chief Minister Datuk Patinggi Abang Johari Tun Openg added South Korea, as the fourth largest Asian economy, had strengths in aspects such as research, good industrial policy and product development.
“Sarawak, on the other hand, has an abundance of natural resources and we also offer among the lowest electricity tariff in the region,” said Abang Johari at the South Korea -Sarawak business dialogue here today.
The event also saw the exchange of contract documents for the Sarawak methanol project between Sarawak Petchem Sdn Bhd and Samsung Engineering Co Ltd.
Abang Johari added that Sarawak welcomed proposals from companies with the technological expertise to build data centres in Sarawak.
“Sarawak is investing heavily in digital and telecommunication facilities such as transmission tower and fibre optics lines.
“We always welcome private investments with the right technology and capital and Sarawak is indeed the right place for investors,” he said.
The Chief Minister also added that last year alone, Sarawak received USD2.2 bln worth of investments.
“Sarawak would definitely like to tap into South Korea’s expertise, forge close collaboration in digital technology advancement and propel into a modern state status,” he said.
Also present at the event were Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan, State Secretary Tan Sri Mohamad Morshidi Abdul Ghani and South Korean business communities.