Use hydroelectricity to attract foreign investment, not sell it to Singapore and Peninsular Malaysia, state DAP chairman tells Sarawak

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“Therefore, the Sarawak government should leverage on this to attract foreign investment and even Peninsular Malaysia companies to set up their plants and offices in Sarawak,” the Stampin MP said when responding to Premier Tan Sri Abang Johari Openg’s statement that Sarawak had signed an agreement to sell 1,000 megawatts of electricity to Singapore.

“Furthermore, when companies in Singapore and the peninsula obtain their clean energy thus making their products 'green' and more saleable, it indirectly poses further competition for Sarawak entrepreneurs,” he said, adding that this will stifle the industrial growth in Sarawak.

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