TOTAL exports of investors in Sama Jaya and Samalaju for the first 10 months of this year have exceeded last year’s export figures.
International Trade Industry and Investment Minister Datuk Amar Awang Tengah Ali Hasan said that from January to October 2022, Sama Jaya recorded total exports of RM7.14 billion compared to RM7.02 billion for the same period in 2021.
“For the same period, Samalaju recorded total exports of RM15.2 billion compared to RM13.9 billion for 2021,” he said when delivering his winding-up speech in the state legislative assembly (DUN) yesterday (Dec 1).
Awang Tengah also noted his ministry also received applications for 46 projects with a total proposed investment of RM41.9 billion.
“These include RM35.45 billion for new investment projects in green steel, chemical products, etc., while RM6.47 billion are for re-investment projects by existing investors at Sama Jaya and Samalaju for silicon wafer chips, copper foil, and solar ingots and wafers,” he said.
He stressed the fact that these investors continued to re-invest and expand their businesses in Sarawak even during the challenging period reflected their confidence in the way the state managed its economy and the political stability.
Awang Tengah revealed that several investors are conducting feasibility studies to invest in Sarawak, adding that SEDC, through its wholly owned subsidiary, is also partnering with foreign investors on proposed investments totalling RM24.13 billion.
“In addition, Sarawak Shell Bhd and PTTEP HK Ltd of Thailand (PTTEP) will be investing about USD10 billion to commercialise the sour gas from Sarawak offshore and will be building onshore gas plants (OGPs) within the Petchem Industrial Park at Tanjung Kidurong, Bintulu.
“OGP 1 Project by Sarawak Shell Bhd is currently under site preparation and targeted to proceed with construction next year. OGP 2 Project by PTTEP is expected to start site preparation works in 2023,” he said.
On the manufacturing sector Awang Tengah said that from January to June 2022, Sarawak has approved a total investment of RM2.26 billion for 28 projects.