KUCHING, MARCH 6 2026: Deputy Premier Awang Tengah Ali Hasan has told a Chinese business delegation that Sarawak always welcomes quality investments that can support the state's development agenda under the Post-Covid-19 Development Strategy 2030 (PCDS 2030).
Caption: Deputy Premier Awang Tengah Ali Hasan (party hidden, 2nd from right) in a meeting with the Chinese business delegation
In return, he said Sarawak is committed to providing a conducive business ecosystem through continuous efforts to modernise infrastructure including transport and logistics networks, telecommunications and utilities to support the state's economic growth.
He added that one of Sarawak's key advantages is its abundant renewable energy resources with a target of generating 10 gigawatts (GW) of energy by 2030, thus positioning Sarawak as the "Battery of ASEAN."
Awang Tengah, also the Minister of International Trade, Industry and Investment, encouraged the Chinese delegation to explore investment opportunities in Sarawak by leveraging the state's natural resources, strategic location and access to the rapidly growing Southeast Asian market and global trade networks.
He also highlighted Sarawak's potential to emerge as a regional hub for the entire petrochemical and food industry value chain, especially in meeting the growing demand for the halal market.
He added Sarawak also remains committed to facilitating investors through transparent policies and continuous infrastructure development to support economic growth and regional integration.
The delegation from Shandong Port Group from China expressed its interested in exploring investment opportunities in the state, especially in the port development and management, petrochemical and agricultural sectors.
The delegation,led by Shandong Port Group Chairman Wang Wei, included Yatong Petrochemical Group Vice President Yu Kechao, Tianye Corporation Director and General Manager Shan Dan and several senior management of the companies.
During the meeting, the Chinese companies also shared their expertise in integrated supply chain services, smart and green port development, commodity storage and advanced petrochemical and agro-food processing technologies.
Present at the meeting were Deputy Minister of International Trade, Industry and Investment Malcom Musen Lamoh, Permanent Secretary Lester Matthew, InvestSarawak Chief Executive Officer Timothy Ong, Sarawak Timber Industry Development Corporation (STIDC) General Manager Zainal Abidin Abdullah and officials from Petroleum Sarawak Berhad (Petros).


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