Open policy on foreign investment
Awang Tengah
DEPUTY Chief Minister Datuk Amar Awang Tengah Ali Hasan (7th right) together with Chairman of Beca Sci-Tech Fridy Dong (front row, 3rd left) in a photo after the briefing session involving Beca Sci Tech company from China at Wisma Sumber Alam in Kuching recently. The Chinese company is interested to invest in petro chemical industry in Sarawak.

KUCHING: The state government practises an open policy on foreign investment, especially  the one which contributes significantly to the state’s economic development.

According to Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan, many foreign investors have expressed interest to invest in Sarawak.

“The state government has always welcomed foreign investors, because of the coming investment will certainly open up employment opportunities and generate economic growth,” said Awang Tengah after attending a recent briefing session involving Beca Sci Tech company from China who is interested to invest in petro chemical industry in Sarawak at Wisma Sumber Alam, here.

“However, we (state government) will first have to make in depth study and review the paperwork presented to us from this investor,”

“The state government needs to know other companies involved in the proposed project,” said Awang Tengah who is also the Minister of Industrial and Entrepreneur Development. 

He also said that the state should also look into the company’s plans such as industries and products that would benefit the surrounding communities.

“In petro chemical investment issues by Beca Sci-Tech, they also need to tell the state government about their feedstock supplier as well as detailed information on their plans for their proposed project.

“I am very happy with this development and hope it will come true.

“On behalf of the state government, assistance will certainly be provided to facilitate the process of implementation of any investment project from outside,” he added.

Also present at the briefing were Assistant Minister of Industries and Investment Malcolm Mussen Lamoh, Deputy State Secretary Datu Abu Bakar Marzuki, Permanent Secretary of the Ministry of Industrial And Entrepreneur Development Datu Liaw Soon Eng, Chief Economic Officer of the Economic Corridor Development Authority (RECODA) Datu Hj Ismawi Ismuni and Chairman of Beca Sci-Tech Fridy Dong.

New Sarawak Tribune e-Paper

Related Post

State’s wildlife conservation assured
11 months ago
Museum adds new chapter to treasure trove
11 months ago
SHEDA signs MoU to merge technology into property development
11 months ago
Ten villages connected to grid, thanks to ALAF
11 months ago
Remembering Rosli Dhobi and Rukun 13's fight for independence
11 months ago
Energy sector plays critical role
11 months ago
Busy day for Premier Abang Jo
11 months ago
Water supply issues will be a thing of the past: Minister
11 months ago

Promoted Content

Latest News

MATTA: Jakarta’s relocation can boost Borneo’s border tourism
4 mins ago
SeDidik’s open door policy for special needs children
35 mins ago
Firms told to set up nurseries for workers’ children
46 mins ago
Doctors can be trained as cardiologists locally: Dr Sim
59 mins ago
MPP chairman explains the need for a new office
2 hours ago


Subscribe and get the latest news from

New Sarawak Tribune is a Sarawakian news portal that highlights Sarawak-centric news and other stories of relevance to Sarawak.

Today, New Sarawak Tribune focuses on happenings in Sarawak’s cities, towns and small places no matter how remote these are and events of relevance in other states of Malaysia and other countries.