KUCHING: Sarawak’s great economic potential has convinced three international banking institutions to return and resume their operations in the state.
Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the three banks had opened their offices in Sarawak before they stopped operations due to the previous collapse of the timber industry.
“Now they are coming back to Sarawak because of the potential Sarawak has towards 2030.
“That is the confidence of the financial institutions in our economy and in our economic policies and in our efforts to add value to our resources where you can’t find in other places,” he said.
He said this when attending the Sarawak Chamber of Commerce & Industry (SCCI) Platinum Jubilee Dinner at a hotel here last night (Nov 25).
Following this, Abang Johari urged SCCI to work with local and foreign investors and banking institutions to venture into the renewable energy sector.
In light of this, he also said that Sarawak would one day produce composites as a material to produce aeroplane components.
“When we produce components of aircraft and there’s aircraft flying using our own aviation fuel, every supply chain will come from Sarawak.
“This is my vision and I hope we can work together to achieve that vision,” he called on the chambers.
In the ceremony, he also presented the Master Entrepreneur Award and the Excellent Entrepreneurship Award to six recipients.
Among the recipients are Datuk Chris Chung Soon Nam representing SSCI, Datuk Bobby Ting Sie Ching representing the Sarawak Housing and Real Estate Developers Association, Dennis Chin Ching Chung representing the Kuching Chinese Chamber of Commerce and Industry, Lesley Luyoh Akah representing the Sarawak Bumiputera Chamber of Entrepreneurs and Major (K) Datuk Ling Kiong Hua while Datuk Seri Dr Tay Chin Kin received the Outstanding Entrepreneurship Award.
