By Shikin Louis
KUCHING, Dec 1: Sarawak has raked in RM105.9 billion worth of investments from 2021 to the third quarter of 2025, with strong inflows into manufacturing, primary industries and services.
Deputy Minister for International Trade, Industry and Investment (MINTRED) Datuk Dr Malcolm Mussen Lamoh said this amount consisted of RM68.4 billion (64.5 percent) in domestic investment and RM37.5 billion (35.5 percent) in foreign investment.
“The approved investment was recorded in three sectors, namely RM47.3 billion in the primary sector, RM31.3 billion in the manufacturing sector and RM27.3 billion in the services sector.
“These investments created more than 25,000 potential employment opportunities with over 21,000 created in the manufacturing sector,” he said when delivering the ministerial winding-up speech at the Sarawak Legislative Assembly (DUS) sitting today.
He also said Sarawak’s economic momentum remains solid, with its Gross Domestic Product (GDP) expanding steadily from RM131.6 billion in 2021 to RM148.2 billion in 2024.
Manufacturing, the State’s second-largest sector, registered fluctuating growth over the past three years, peaking at RM39.2 billion in 2022 before moderating and recovering slightly to RM38.2 billion in 2024.
Mussen further revealed that Sarawak is increasingly attracting multinational corporations (MNCs) from Japan, South Korea, China, Belgium and Germany to the Sama Jaya Free Industrial Zone, solidifying the State’s reputation as a competitive hub for high-value electrical and electronic (E&E) manufacturing.
From 2021 to 2024 alone, these MNCs generated RM35 billion in exports, RM4 billion in economic impact to local utilities and service providers, and RM3 billion in salaries paid to workers.
He added that despite global economic volatility, Sarawak approved more than RM13 billion in new E&E investment expansions since 2021—reflecting investor confidence in the State’s stability, infrastructure readiness and talent pool. – DayakDaily
