Business-friendly policies make Sarawak top investment destination, says Awang Tengah

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MIRI, Oct 30 — The recently approved RM11.3 billion investment in the manufacturing sector is testament to Sarawak’s attractiveness as one of Malaysia’s leading investment...

MIRI, Oct 30 — The recently approved RM11.3 billion investment in the manufacturing sector is testament to Sarawak’s attractiveness as one of Malaysia’s leading investment destination, says Deputy Premier Datuk Amar Awang Tengah Ali Hasan.

“The state is now focusing on developing and promoting low carbon solutions, green and circular economy, to which we also aim to be a regional leader in innovation and high technology-based economy,” he said.Awang Tengah said this in his opening remark at the JX Nippon Oil & Gas Exploration Limited 20th anniversary celebration of the 1st Gas Helang Field, here Saturday.

“Petros is already participating in 17 blocks offshore Sarawak, and has started its drilling activities in Onshore SK433 and completed the subsurface studies in Limbang / Lawas area. He said from these four hubs, Petros will promote domestic gas utilisation across Sarawak by developing gas distribution infrastructure, promote petrochemical industries and provide sustainable, reliable and affordable energy to the household, commercial and industrial customers.

 

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