By DayakDaily Team
KUCHING, Aug 22: The Japan Bank for International Cooperation (JBIC) sees high potential for foreign direct investment (FDI) in Sarawak, particularly in the green energy and manufacturing sectors.
According to the Sarawak Public Communication Unit (UKAS), this followed a meeting between JBIC executive managing director, Shigeto Hashiyama, and Sarawak Premier, Datuk Patinggi Tan Sri Abang Johari Tun Openg, at the Satria Pertiwi Complex here on Thursday (Aug 21).
The aim of the meeting, said Hashiyama, was to understand better cooperation and investment opportunities that could mutually benefit Japan and Sarawak.
“Our goal is to promote joint ventures and related Japanese industrial projects to be more sustainable in Sarawak.
“This move will not only contribute to the State’s economic growth but also add value to the Japanese economy. It is a mutually beneficial bilateral contribution,” he said.
Hashiyama added that Abang Johari also emphasised the State’s great potential in green energy development and sustainable manufacturing.
Therefore, he said that JBIC would convey the message to Japanese investors who are considering investment opportunities in Sarawak.
According to him, JBIC is currently focusing on several key sector projects related to manufacturing and energy, including semiconductors, chemical industry, hydrogen, carbon capture, utilisation, and storage (CCUS) technology, as well as power generation in Sarawak. — DayakDaily
