Sarawak receives RM20 bln in investments

Abang Johari

KUCHING: Investments have continued to pour into Sarawak despite the current Covid-19 pandemic situation.

Chief Minister Datuk Patinggi Abang Johari Tun Openg said more than RM20 billion in investments were pledged by several companies at Sama Jaya High Tech Park and Samalaju Industrial Park.

“Sarawak’s industrial policy also continued to bear fruit with additional investment proposals by four companies in the Samajaya Industrial High Tech Park with total investments of RM6.31 billion.

“Meanwhile, the Samalaju Industrial Zone is also expected to receive investments worth RM13.8 billion with the establishment of a steel production plant by a company from China,” he said at the Sarawak Day celebration on Thursday (July 22).

Abang Johari said the setting up of the two industrial areas – Samajaya and Samalaju has benefitted youths as it offered them employment opportunities.

“With the increase in investment, there is no doubt that job opportunities for our young people have also increased.

“As a result of its far-sighted policies, the Sarawak government is able to provide employment to its people through its industrial programmes,” he said.

Abang Johari said the Sarawak government through Sarawak Energy Berhad was also conducting a research to produce hydrogen gas which has the potential to be an emission-free fuel in the future.

“With the basic resources available, especially water, and the current world trend towards clean energy use, I am confident that one day Sarawak can build an economy based on the production and use of hydrogen gas,” he said.