Sarawak

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One of five regional economic corridors being developed throughout the country, the Sarawak Corridor of Renewable Energy (SCORE) is part of the federal government’s national agenda to propel the country into achieving high-income nation status by 2020.

How is the Sarawak Corridor of Renewable Energy (SCORE) developing, and how is its employment potential being made clear to the public?

 

Small and medium-sized enterprises (SMEs) in Sarawak are on course for strong growth, as more tap into spinoff projects generated by increased investment in the state’s special economic zone, and federal and state governments urge SMEs to set up shop in Sarawak. While access to credit has been an obstacle to growth, some banks are now offering...

 

The Sarawak Corridor of Renewable Energy (SCORE) was largely responsible for Sarawak’s receiving the most foreign direct investment (FDI) of any of Malaysia’s states over the first nine months of 2014, valued at RM8.7bn ($2.6bn). In all, the corridor has generated a cumulative investment value of RM32.9bn ($10bn) between its launch in 2008 and...

 

Blessed with an abundance of hydro, coal and gas resources that one would be hard pressed to find elsewhere, the state of Sarawak has a comparative advantage that is successfully being leveraged to produce bulk power at competitive prices in order to attract capital-intensive investments in heavy industry.

What are the incentives attracting foreign investors in heavy industry, and how can Sarawak capitalise on strong trade ties between Japan and Malaysia?

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