SEOUL, South Korea, April 1: There is a need to solidify greater cooperation between Sarawak and the Republic of Korea, as both have their own strengths which can help each other to further grow.
In stating this, Chief Minister Datuk Patinggi Haji Abang Johari Tun Abang Haji Openg said the Republic of Korea, as the fourth largest Asian economy had strengths in aspects such as research, good industrial policy and product development.
“Sarawak, on the other hand has an abundance of natural resources and we also offer among the lowest electricity tariffs in the region,” said Abang Johari at the Republic of Korea-Sarawak Business Dialogue 2019 event held in Seoul today.
The event also saw the exchange of contract documents ceremony for the Sarawak Methanol Project between Sarawak Petchem Sdn Bhd and Samsung Engineering Co Ltd.
Abang Johari added that Sarawak welcomes proposals from companies with the technological expertise to build data centres in Sarawak, as Sarawak is investing heavily in digital and telecommunication facilities such as transmission towers and fibre optics lines.
“We always welcome private investments with the right technology and capital, and Sarawak is indeed the right place for investors,” he added.
He also said that for last year (2018) alone, Sarawak received investments totalling USD2.2 billion.
“Sarawak would definitely like to tap into the Republic of Korea’s expertise and forge close collaboration in digital technology advancement and also to propel the state into a modern state status,” he added.
Also present at the event were Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan, State Secretary Tan Sri Datuk Amar Mohamad Morshidi Abdul Ghani and representatives of business communities from the Republic of Korea. — DayakDaily