BINTULU – The Sarawak government has formally completed the acquisition of Bintulu Port with the symbolic handover of a RM1.8 billion cheque during a signing ceremony on 21 June 2026.
The event marked the conclusion of negotiations between the federal government and Sarawak, paving the way for the port’s transition into a state-owned facility.
Premier of Sarawak, Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari bin Tun Datuk Abang Haji Openg, described the occasion as a historic milestone in Sarawak’s development journey.
He emphasised that the acquisition was the result of extensive discussions and careful planning, ensuring that the port’s future operations would remain efficient, transparent, and professional.
“Through the signing of the completion agreement and the handover of a cheque amounting to Ringgit Malaysia One Ten Eight Billion (RM1.8 billion), we have completed another important step in changing the status of Bintulu Port,” he said.
The Premier added that the state government would uphold its responsibility to manage the port in the best interests of Sarawak’s people and economy.
Bintulu Port is widely recognised as one of Malaysia’s most strategic maritime hubs. It plays a central role in the liquefied natural gas (LNG) sector, alongside energy, petrochemicals, commodities, and heavy industry.
Its operations are critical not only to Sarawak’s economic growth but also to Malaysia’s international trade network.
The acquisition strengthens Sarawak’s control over key infrastructure assets, positioning Bintulu as a vital energy, logistics, and industrial hub.
Analysts note that this move aligns with Sarawak’s broader ambition to achieve developed, resilient, and sustainable economic status by 2030.
By taking ownership of the port, the state gains greater autonomy in shaping policies that support industrial expansion and global competitiveness.
Industry observers have highlighted that the port’s transition to state ownership could enhance Sarawak’s ability to attract foreign investment, particularly in sectors linked to LNG and renewable energy.
The acquisition also reflects the government’s long-term strategy to diversify the economy while safeguarding critical resources.
The ceremony underscored the symbolic importance of the RM1.8 billion cheque, representing not only financial commitment but also trust in Sarawak’s capacity to manage strategic assets.
Leaders present at the event reiterated that the port’s future development would be guided by principles of accountability and sustainability.
As Sarawak continues to strengthen its infrastructure and industrial base, the acquisition of Bintulu Port is expected to serve as a cornerstone for future growth.
The move demonstrates the state’s determination to take charge of its economic destiny while contributing to Malaysia’s overall progress.
