MIRI: Sarawak remains as one of the most popular destinations for investment in the country, says Deputy Premier Datuk Amar Awang Tengah Ali Hasan.
Awang Tengah, who is also Minister for International Trade, Industry and Investment, disclosed Sarawak welcomed investments and collaborations, particularly in six priority sectors promoted under Post COVID-19 Development Strategy (PCDS) 2030, namely Manufacturing, Commercial Agriculture, Tourism, Forestry, Mining and Services that can create mutual benefits for all.
“Up until Sept this year, the Sarawak government has approved RM11.3 billion worth of investments in the manufacturing sector. This is credited to business-friendly policy adopted by the Sarawak government which has always been very supportive of investments either foreign direct investment (FDI) and domestic direct investment (DDI),” he pointed out on Saturday night during JX Nippon Pil and Gas Exploration (Malaysia) Limited’s 20th anniversary celebration, here.
He added, Sarawak is now focusing on developing and promoting low carbon solutions, green and circular economy.
“We also aim to be a regional leader in innovation and high technology-based economy,” he said.
Also present were Minister for Transport Datuk Seri Lee Kim Shin, Deputy Minister for Energy and Environmental Sustainability Datuk Dr Hazlan Abang Hipni, Deputy Minister in the Premier Office, Labour, Immigration & Project Monitoring Datuk Gerawat Jala, president of JX Nippon Oil & Gas Cooperation Toshiya Nakahara, executive vice president of JX Nippon Oil & Gas Cooperation Tetsuo Yamada, senior vice president of JX Nippon Oil & Gas Cooperation Shinji Oka, executive officer and managing director of JX Nippon Oil & Gas Exploration (Malaysia) Limited Katsunori Ozawa.