Awang Tengah: Sarawak offers unique opportunities for entrepreneurs and investors

KUCHING: Sarawak is inviting entrepreneurs and investors to consider the state as a preferred investment destination for its digital and green economy policies.

In stating this, Deputy Premier Datuk Amar Awang Tengah Ali Hasan said with a robust infrastructure, supportive government policies and a strategic position in Southeast Asia, Sarawak offers unique opportunities for the entrepreneurs and investors.

“Sarawak offers many opportunities in business, trade and leisure. We are now promoting digital and green economy, leveraging on our renewable energy and decarbonisation solutions such as carbon trading and innovative climate mitigation and adaptation technologies.

“We aspire to be a regional leader in innovation and technology-driven economy,” he said in his closing remarks at the Global Muslim Borneo Forum (GMBF) 2023 held at the Borneo Convention Centre Kuching here on Thursday (Nov 30).

He added that Sarawak’s strategic vision for growth reflects this commitment, charting a path toward sustainable development and equitable progress, aligning with global environmental, social and governance (ESG) standards and the United Nations Sustainable Development Goals.

“We have amended our Forest Ordinance, Land Code and enacted the new Environment (Reduction of Greenhouse Gas Emissions) Ordinance 2023.

“These ordinances empower us to regulate, manage and promote activities related to carbon trading, carbon capture, utilisation and storage (CCUS) and nature businesses, making Sarawak the champion for this new economy in Malaysia.

“We aspire to shape a future through innovation to transform our economy toward prosperity, inclusivity and sustainability in line with our Post Covid-19 Development Strategy 2030.”

Meanwhile, on the forum, Awang Tengah said it has provided insightful discussions and keynote address through knowledge sharing to explore and exchange ideas.

“It has also provided a platform to discuss issues related to the latest development impacting the global economy, particularly the Muslim countries.”