Sarawak's Sustainable Path to Economic Growth and Technological Innovation
Key Ideas
- Sarawak aims to achieve high-income and developed status by 2030 through strategic initiatives targeting manufacturing, agriculture, forestry, tourism, mining, and services sectors.
- The state's vast natural resources and emphasis on environmental preservation attract investments, with a focus on sustainability and technological innovation.
- Sarawak leads in green energy with major hydropower projects generating over 60% of the state's energy mix and initiatives in sustainable hydrogen production and distribution.
- The investment offerings in Sarawak are in line with ESG principles and the United Nations' Sustainable Development Goals, positioning the state as a regional leader in green energy.
Deputy Premier Datuk Amar Awang Tengah Ali Hasan highlighted Sarawak's growth as an investment hub in Southeast Asia, focusing on sustainability and technological innovation. The state aims to achieve high-income and developed status by 2030 with strategic initiatives in manufacturing, agriculture, forestry, tourism, mining, and services sectors. Sarawak's strategic location on Borneo facilitates access to the Asian market, enriched by its vast natural resources. Notably, the state leads in green energy, with major hydropower projects contributing substantially to the energy mix. Sarawak's interest in the hydrogen economy positions it at the forefront of sustainable energy efforts. Aligning with ESG principles and UN SDGs, Sarawak's investment offerings emphasize environmental preservation. The state's commitment to balancing economic progress with sustainability showcases its dedication to green development and innovation.
Topics
Production
Sustainability
Green Energy
ESG Principles
Economic Progress
Strategic Initiatives
Investment Hub
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