Premier launches InvestSarawak as one-stop investment, trade agency to spur investment

Abang Johari (sixth left) poses for a group photo with other dignitaries during the InvestSarawak launching ceremony at a local hotel on Feb 14, 2024.

By Ling Hui & Wilfred Pilo

KUCHING, Feb 14: Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg officially launched Sarawak’s own investment and trade agency—InvestSarawak—that will serve as a one-stop centre and first point of contact for all investors.

InvestSarawak, an independent entity under the Ministry of International Trade, Industry, and Investment Sarawak (MINTRED), will act as the key facilitator for investors across all sectors in the development, applications and approvals for investment projects in Sarawak.


It will also provide investors with local insights through consultation and coordination services to improve their ease of doing business in Sarawak.

Abang Johari, who is also chairman of the InvestSarawak Board, officiated at the InvestSarawak launching ceremony at a local hotel here tonight.

Meanwhile, Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan, who is also InvestSarawak Board deputy chairman and MINTRED Minister, said InvestSarawak is a pivotal initiative by the Sarawak government to facilitate the ease of doing business.

“InvestSarawak, under the purview of my Ministry, is a one-stop centre that aims to transform the investment landscape, as well as increase trade and talent attraction for Sarawak.

“They will play a key role serving as facilitator and advisor to provide invaluable local insights to all investors, both foreign and domestic,” he said.

Also held in conjunction with the InvestSarawak launching ceremony was the EU-Malaysia Business Day 2024 Networking Dinner.

Among those present were Sarawak Deputy Premier Datuk Amar Dr Sim Kui Hian, InvestSarawak chief executive officer (CEO) Timothy Ong, as well as 18 European ambassadors led by Ambassador of the European Union (EU) to Malaysia, His Excellency Michalis Rokas. — DayakDaily