Deputy Minister: Sarawak attracts RM105.9 bln investments from 2021 to third quarter of 2025

KUCHING (Dec 1): Sarawak attracted a total investment of RM105.9 billion from 2021 to the third quarter of 2025, said Deputy Minister of International Trade, Industry and Investment Datuk Dr Malcolm Mussen Lamoh.

He said the amount comprised RM68.4 billion (64.5 per cent) in domestic investment and RM37.5 billion (35.5 per cent) in foreign investment.

“Sarawak’s Gross Domestic Product (GDP) recorded steady growth from RM131.6 billion in 2021 to RM148.2 billion in 2024. Manufacturing, the state’s second-largest sector, experienced fluctuating performance, peaking in 2022 at RM39.2 billion before moderating and then recovering slightly to RM38.2 billion in 2024.

“Despite the challenging environment, Sarawak attracted a total investment of RM105.9 billion for the period 2021 to the third quarter of 2025,” he said when winding up for his ministry during the State Legislative Assembly (DUN) sitting here on Monday.

Mussen said the approved investments were recorded across three sectors: RM47.3 billion in the primary sector, RM31.3 billion in the manufacturing sector and RM27.3 billion in the services sector.

“These investments have created more than 25,000 potential employment opportunities, with over 21,000 of them generated in the manufacturing sector.

“During this period, investments in manufacturing were primarily concentrated in the electrical and electronics (E&E) and chemical industries,” he said.