KUCHING – Sarawak has been highlighted as a promising investment destination for US companies, thanks to its strengths in energy, natural and water resources, and clear economic development planning.
Outgoing US Ambassador to Malaysia, Edgard D. Kagan, said the US Embassy actively encourages American firms exploring opportunities in Malaysia to also consider Sarawak.
“Every time I meet with American companies, I tell them to look at Sarawak. It’s up to them, but Sarawak has great potential,” he said during a media session at Pustaka Negeri Sarawak on his farewell visit.
Kagan highlighted Sarawak’s strategic advantages, particularly in renewable energy, and its reliable electricity and water supplies.
These resources make the state an attractive location for tech centres and data hubs. “One of the major constraints for data centres is electricity and water, and Sarawak has both,” he noted.
Beyond energy, he pointed to investment opportunities in the electrical and electronics (E&E) sector, technology, and the service economy, aligning with Sarawak’s ambition to move further up the value chain.
He also underscored the longstanding economic relationship between the United States and Malaysia, which spans over 125 years, noting that American companies have been instrumental in industrial growth and nurturing local talent.
Kagan expressed confidence that economic cooperation between the US and Sarawak will continue to expand, supported by the state’s policy stability and sustained economic growth.
He emphasised that Sarawak’s appeal to investors lies not just in its natural resources but also in its well-planned development agenda.
His remarks reinforce Sarawak’s growing reputation as a prime destination for international investment, particularly in sectors that require sustainability, innovation, and resilience.
