Kuching High-Tech Park project expected to be fully completed by 2030

Abang Johari (third right) places his palm on a device to activate a video presentation as a gimmick to inaugurate Taiyo Yuden (Sarawak)'s new factory at Sama Jaya High Tech Park on oct 12, 2023. Photo credit: Sarawak Public Communications Unit
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By Karen Bong

KUCHING, Oct 12: The proposed Kuching High-Tech Park project, spanning 1,825 acres across Kuching and Samarahan Divisions, is expected to be fully completed by 2030.

Premier of Sarawak Datuk Patinggi Tan Sri Abang Johari Tun Openg has underscored the Ministry of International Trade, Industry, and Investment’s (Mintred) commitment to meet the growing demands of investors, particularly in the electronic and electrical sectors, while actively seeking foreign direct investments (FDI).

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“This project would also create more business and employment opportunities for our locals.

“We welcome more companies in their value chain to set up in Sarawak to support your operations in Sarawak,” he said when officiating at the inauguration of Taiyo Yuden (Sarawak) Sdn Bhd new factory in Sama Jaya High Tech Park here today.

Giving assurance to investors, Abang Johari highlighted that the Sarawak government’s commitment to sustainable development has gained attention from the world and was supported by favourable ratings including from international rating agencies such as Standard and Poor’s and Moody’s Investor Services which concurred with Sarawak’s strategy to attract more quality investments to develop the region on a big scale.

“As the development strategy capitalises on data and innovation, Sarawak is on the right track to become a stronger region sustainably, especially with Environmental, Social, and Governance (ESG) principles.

“Robust policies and procedures have been laid out to ensure integrity, transparency, and good governance, which would improve the ease of doing business aligned with ESG principles,” he said.

As such, Abang Johari emphasised there are ample opportunities across all sectors, both the supply and value chains, beginning from the development of growth enablers to economic activities.

“I encourage our local entrepreneurs, particularly SMEs (small and medium enterprises) to continuously upgrade their capabilities and capacities to meet the increasing stringent requirements of the global markets,” he called on.

Reiterating the Sarawak government’s commitment to continue facilitating and nurturing SMEs, Abang Johari also urged the private sector, as the engine of growth, to be proactive and grab the opportunities made available from government and private sector initiatives.

The event was attended by various dignitaries and officials, including Deputy Premier-cum-Mintred Minister Datuk Amar Awang Tengah Ali Hasan; Deputy Premier Dato Sri Dr Sim Kui Hian; Mintred Deputy Minister Datuk Malcolm Mussen Lamoh; Taiyo Yuden (Japan) Co Ltd president and chief executive officer (CEO) Katsuya Sase; Taiyo Yuden (Japan) Co Ltd executive operating officer Shunji Murai; and Taiyo Yuden (Sarawak) Sdn Bhd managing director and CEO Masashi Toyama. — DayakDaily

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