By DayakDaily Team
KUCHING, Sept 28: Sarawak, through InvestSarawak, has intensified its global investment drive, wrapping up a high-level mission to the United Kingdom from Sept 23 to 28 aimed at securing strategic investments in renewable energy, semiconductors, aerospace, and advanced manufacturing.
According to a media release, the delegation, led by Deputy Premier and Minister of International Trade, Industry, and Investment, Datuk Amar Awang Tengah Ali Hasan, aimed to position Sarawak as a rising hub for green innovation and high-tech industries under its Post Covid-19 Development Strategy (PCDS) 2030.
“This mission builds on the momentum generated by Sarawak Connects in May. We are not just attracting investments but forging strategic partnerships that create high-value jobs and solidify our role as a globally competitive hub in Southeast Asia,” Awang Tengah said.
The delegation held meetings with top executives from Technip Energies, Standard Chartered UK, Vemi Capital, Global Interconnection Group, and Aurrigo, focusing on targeted partnerships with ready investors whose portfolios align with Sarawak’s development priorities under PCDS 2030.
Discussions centred on investment opportunities in high-voltage subsea cable manufacturing to support the ASEAN Power Grid initiative and the establishment of autonomous vehicle manufacturing in Sarawak.
In addition, the delegation explored prospective investments in sustainable oil and gas, new energy technologies, and low-carbon fuels.
“The response from UK industries has been tremendously encouraging, with strong confidence that these dialogues will translate into high-impact, mutually beneficial projects that advance both Sarawak’s development goals and the UK’s global investment ambitions,” said the media release.
It added that Sarawak showcased its capabilities in renewable energy, robust industrial ecosystem, and unwavering commitment to sustainability, underpinned by clear and progressive policy frameworks.
Its appeal is further amplified by a progressive education policy in providing free access to all Sarawakians with a strong emphasis on Science, Technology, Engineering, and Mathematics (STEM) to ensure a future-ready talent pipeline to meet industry demands.
Accompanying Awang Tengah were the Ministry of International Trade, Industry and Investment Sarawak (MINTRED) advisor, Dato Sri Mohd Naroden Majais; InvestSarawak chief executive officer (CEO) Timothy Ong Wye Ern; MINTRED deputy permanent secretary Lo Sheau Sia; and Ministry of Natural Resources and Urban Development Sarawak Datu Abdullah Julaihi. — DayakDaily
