Sarawak Advances Semiconductor and Green Hydrogen Ambitions with Ardian Partnership in Paris
Key Ideas
  • Sarawak is progressing its semiconductor and green hydrogen goals through discussions with global investment firm Ardian in Paris.
  • The state leverages its renewable energy potential and semiconductor ecosystem, seeking collaborations to accelerate industrial growth.
  • Ardian's commitment to further due diligence signals potential investments in Sarawak's semiconductor and green hydrogen sectors.
  • The partnership aims to identify investable companies, develop downstream ecosystems, and support local SMEs for industrial transformation.
In Kuching, Sarawak, Datuk Amar Awang Tengah Ali Hasan announced significant progress in advancing the state's semiconductor and green hydrogen ambitions through a meeting with Ardian in Paris. Discussions aimed to foster collaborations that would expedite industrial development in Sarawak. Highlighting the state's strengths in renewable energy, particularly its vast hydroelectric potential and growing semiconductor ecosystem, Awang Tengah expressed confidence in aligning Ardian's expertise with Sarawak's industrial aspirations. Key outcomes included Ardian's commitment to conducting further due diligence on Sarawak's ventures in semiconductors and green hydrogen. The partnership also seeks to collaborate with InvestSarawak to identify opportunities for investment, technology transfer, and ecosystem development. The Sarawak delegation, led by Awang Tengah, included key figures such as Datuk Dr Malcolm Mussen Lamoh, Dato Sri Mohd Naroden Majais, and Timothy Ong. Representing Ardian were Amir Sharifi and Basile Thodoroff. Overall, the partnership with Ardian signifies a positive step towards accelerating Sarawak's industrial transformation through investments, technology collaborations, and support for local SMEs.
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