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13 Jun 2026
Sarawak Continues to Attract Foreign Investors

Sarawak Attracts Major Foreign Investment in Green Energy Sector

LUBOK ANTU — Sarawak continues to position itself as a premier destination for foreign investment, particularly in renewable energy and digital sectors, Deputy Minister of International Trade, Industry and Investment Datuk Dr. Malcolm Mussen Lamoh announced during a community engagement at Rumah Stanley Yong on Friday.

- Promotion -
UDC Event 2026

“Strategic investors are committing to green energy projects, downstream industries, and digital economy ventures – directly supporting our 2030 developed-state mission,” stated Dr. Lamoh. The investments align with Sarawak’s Post-COVID Development Strategy 2030, leveraging the state’s hydropower resources and carbon-neutral initiatives to attract sustainable industries.

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Concurrently, the minister unveiled RM230,000 in development allocations:

  • RM20,000 MRP grant to Terusan Bara JKKK
  • RM10,000 for Women’s Bureau programs
  • RM200,000 RTP funding for longhouse infrastructure (2026)

These investments are projected to create skilled job opportunities in emerging sectors, complementing Sarawak’s workforce development initiatives. Dr. Lamoh emphasized that recent policy reforms – including streamlined renewable energy licensing and tax incentives – have accelerated foreign interest, with three multinationals finalizing agreements worth over RM800 million in Q2 2025.

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The Lubok Antu visit highlighted rural-urban development synergy, where global investments fund local infrastructure. “Every foreign project includes skills transfer components,” noted Dr. Lamoh, citing upcoming technical training centers in Betong and Sri Aman divisions.

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By Sarawak Daily

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