Local companies can help propel Sarawak economy: CEO

KUCHING: Serba Dinamik Holdings Berhad is convinced that local players can play a vital role in propelling Sarawak’s economy to greater heights.

Its group chief executive officer Datuk Mohd Abdul Karim Abdullah says the company is looking to assist local companies in two aspects.

“Firstly, the domestic existing contracts for example, the contracts worth RM313mil that were inked recently with Petronas on onshore maintenance construction and modification services in the state.

“These contracts focused on fabrication and construction and a little bit of all those maintenance scope of activities.

“Two local Oil and Gas Service and Equipment (OSGE) companies namely Roptech Sdn Bhd and Eastwind Solutions Sdn Bhd have been appointed under the Petronas VDPx programme, a spinoff of Petronas’ existing Vendor Development Programme (VDP).

“We will carve out some of the contracts to them and from there; they really have to prove themselves. Hopefully they can move up to a level where they can compete internationally,” he told reporters this when met.

“Secondly, there are a lot of other opportunities besides the engineering capabilities provided with Serba Dinamik itself in providing local companies the competitive edge.

“As such, the company is activating its IT capabilities in a big way through the establishment of innovation labs set up at India Institute of Technology in Madras.

“We also have an affiliation programme with Stanford University in California and all this will be more focusing on high-end engineering capabilities utilising the latest state-of-the-art technology incorporated into the engineering services and other sectors of application,” he pointed out.

Abdul Karim noted that these were the things which the local companies could engage with Serba Dinamik to further help grow the Small Medium Enterprise (SMEs) in Sarawak.

“I have spoken to entities like Borneo Startup, whereby, they have a very clear ambition to open up a startup company where they have good ideas and technology however, they require assistance.

“They need some kind of bigger brother to assist them in terms of networking, financial assistance and find their market,” he added.