Sarawak Strengthens Semiconductor and Green Hydrogen Industries Through Collaboration with Ardian
Key Ideas
- Sarawak aims to enhance its semiconductor and green hydrogen industries for economic growth and innovation.
- Deputy Premier highlighted Sarawak's strengths in renewable energy and semiconductor industry during the Paris meeting.
- Ardian and Sarawak plan to collaborate on studying semiconductor and green hydrogen projects, with a focus on investment and ecosystem development.
- The meeting also emphasized opportunities for local companies, SMEs, and downstream ecosystem development in Sarawak.
Sarawak is focusing on bolstering its semiconductor and green hydrogen industries to drive economic growth and innovation. Deputy Premier Datuk Amar Awang Tengah Ali Hasan led a delegation in Paris, France, where discussions with Ardian, a global private investment house, centered on advancing Sarawak's semiconductor sector and green hydrogen initiatives. The meeting highlighted Sarawak's renewable energy potential, particularly its 20GW hydroelectric capacity, and its thriving semiconductor industry, supported by strategic partnerships like the one with CSA Catapult in the UK. Aligning with Sarawak's vision for an industrial base transformation, Ardian's expertise in scaling semiconductor ventures and clean hydrogen infrastructure presents promising opportunities for investment, technology transfer, and ecosystem development. Key outcomes include Ardian's commitment to further explore Sarawak's projects in these areas and the intention to identify local companies for future investments through collaborations with InvestSarawak. The discussions also focused on fostering opportunities for Sarawak's small and medium enterprises, emphasizing the importance of downstream ecosystem development for sustainable industrial growth.
Topics
Investing
Renewable Energy
Innovation
Investment
Partnerships
Economic Growth
Industry Development
Technology Transfer
Small And Medium Enterprises
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