Mining sector will explore oil and non-oil mineral resources such as silica sand, rare earth elements (REE) and kaolin clay for high value downstream activities
Sustainable Forestry Vision: Balancing Conservation and Growth in Sarawak
Mining sector in Sarawak is currently driven by oil and gas upstream activities, which provide the feedstock for petrochemical industry especially in Bintulu. Moving forward, Sarawak will explore into other mineral resources such as silica sand, rare earth elements (REE) and kaolin clay for high value downstream activities. To support this development, the State will develop geological mapping to provide details such as location, reserve volume and grades of the minerals and design business models to facilitate investments in mining industry and downstream processing.
Key Outcomes
RM5 billion of
additional direct annual GDP from mining by
2030
Development of local supporting industries along the value chain
to cater to growth of MNCs
2,300 jobs creation (from incremental new production & new operators)
Key Outcomes
01
Maintain at least 60% Renewable Energy (RE) Capacity Mix by 2030
01
600,000 tons Annual Reduction to CO2 emissions via electrification of mobility fleet in Sarawak
01
Achieve 15% income from foreign markets outside of Sarawak through RE sector
STRATEGY
Strengthen the regulatory and policy framework of the mining sector and create an ecosystem of technical, business and financial expertise of State Mining Authority and agencies
Explore mining reserves and develop potential Public Private Partnership (PPP) opportunities to attract private sector investment
Strategy
Public-private collaboration towards expanding Renewable Energy generation and promoting export
600,000 tons Annual Reduction to CO2 emissions via electrification of mobility fleet in Sarawak
Catalytic Initiatives
01
Strengthening State Minerals Management Authority (SMMA) and reform of mining policy and regulatory framework
Mining Policy and Regulatory Framework Reform to create the right ecosystem to drive exploration and attract quality investments in the mining industry
Increase geological and financial experts in SMMA to enable better evaluation of all business plans by investors
02
Develop geological mapping, design business models to drive mining and streamline mining activities/ intensify downstream activities
Develop Geological Mapping and Mining Business Models
Create Mining Business Models for current and potential mining operators to develop entire value chain
04
Develop signature museum and cultural products
Brooke Dockyard Maritime Museum
Performing Arts Centre
Arts & Handicraft Centre
Sarawak Museum Campus
05
Develop ecotourism attractions within Sarawak's rich natural environment
Park Guide Training
Akademi Seni Sarawak Training and Development Programme
Sarawak Craft Council Development Programme
04
Net Energy Metering (NEM)
Introduce Renewable Energy Supply Act
Incentivise first 500 domestic customers with solar photovoltaics installation
Public - Participation of government buildings in the Net Metering programs
05
Promote Electric Vehicles (EV)
100MW renewable energy generation capacity
3 in 1 multi-fuel charging stations hydrogen, electric and conventional fuel
Attract and establish EV value chain
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