Awang Tengah receives courtesy call from Kuwait petroleum firm delegation
KUCHING (Jan 19): Deputy Premier Datuk Amar Awang Tengah Ali Hasan received a courtesy call from Kuwait Foreign Petroleum Exploration Company (KUFPEC) at his office in Wisma Sumber Alam here yesterday. According to a news release, the KUFPEC delegation was led by its country manager Mohamad Al-Sabti. Awang Tengah, who is International Trade, Industry and Investment Minister, chaired the meeting which was held to discuss investment opportunities between Sarawak and KUFPEC in oil and gas. Also present were Deputy International Trade, Industry and Investment Minister Datuk Dr Malcolm Mussen Lamoh and representatives from Petroleum Sarawak Berhad (Petros), Sarawak Energy Berhad and InvestSarawak.
InvestSarawak dan Surbana Jurong tandatangani MoU perkukuh inisiatif ekonomi hijau
DUBAI, 5 Dis: InvestSarawak dan Surbana Jurong Infrastructure Pte Ltd menandatangani Memorandum Persefahaman (MoU) untuk memperkukuh inisiatif ekonomi hijau di Sarawak. MoU itu ditandatangani Ketua Eksekutif InvestSarawak, Timothy Ong Wye Ern dan Pengarah Urusan Surbana Jurong (Infrastruktur, Tenaga dan Industri) Tan Wooi Leong. Majlis yang berlangsung di Pavilion Singapura di Dubai semasa Persidangan Perubahan Iklim Pertubuhan Bangsa-Bangsa Bersatu (COP28) hari ini, disaksikan Premier Sarawak, Datuk Patinggi Tan Sri Abang Johari Tun Openg. “Daya tarikan Sarawak untuk pelaburan, khususnya dalam sektor yang mampan dan kolaborasi dalam sektor utama seperti pembuatan, pertanian komersial, pelancongan, perhutanan, perlombongan dan perkhidmatan harus ditekankan,” kata Abang Johari. Beliau turut menyatakan komitmen Sarawak untuk pertumbuhan ekonomi yang bertanggungjawab dan mampan, menggabungkan prinsip-prinsip Matlamat Pembangunan Sosial (SDG) dan Pemerintahan, Sosial, dan Alam Sekitar (ESG) ke dalam Strategi Pembangunan Pasca COVID-19 2030 (PCDS 2030). “Matlamat keseluruhan kita adalah untuk mempromosikan kemakmuran ekonomi, inklusiviti sosial dan kelestarian alam sekitar di rantau tersebut,” ujarnya. -TVS
Sarawak’s energy transition: Navigating the technological frontier for sustainable progress
DUBAI, Dec 5: The synergy between technology and resources is crucial for Sarawak’s energy goals, emphasising the strategic utilisation of technological advancements and efficient resource management. Premier of Sarawak, Datuk Patinggi Tan Sri Abang Johari Tun Openg, emphasizes the significance of this transition as he highlights Sarawak’s technological aspirations focus on hydrogen production, a crucial component in the renewable energy landscape. “It’s a question of technology – harnessing the full spectrum of available resources. For instants three years ago, 1kg of hydrogen, requires 60kw of power. “But now we are working with Petronas, in doing our research, it can come down to 38kw,” he told this to reporter when visiting the Malaysian Pavilion after witnessing a Memorandum of Understanding between InvestSarawak and Surbana Jurong Pte Ltd in conjunction with the United Nation Climate Change Conference (COP28) in Dubai. This achievement is attributed to cutting-edge technology, particularly the incorporation of a new membrane in the electrolysis process. Abang Johari expresses optimism for significant cost reductions in hydrogen production over the next five years, anticipating a decrease in power costs. This move positions hydrogen as a more economical and environmentally friendly energy source. Sarawak’s commitment to incorporating hydrogen into its energy portfolio is evident in ongoing public transport initiatives within the region. “The conversion of H2O into hydrogen and oxygen is fueling public transport, with ongoing tests of Autonomous Rail Rapid Transit (ART) and buses powered by hydrogen,” he said. This transition to hydrogen-powered transportation not only signifies a significant step towards reducing carbon emissions but also underscores Sarawak’s commitment to embracing innovative solutions for a sustainable future. In tandem with technological advancements in hydrogen production, Sarawak is diversifying its energy sources. A pioneering approach involves the utilization of wood pallets as a biomass power source, adding a new dimension to Sarawak’s energy matrix and ensuring a diversified and resilient power supply. Abang Johari added that the state is actively involved in reforestation efforts, creating carbon sinks through the replanting of forests. This dual approach, combining technological innovation and environmental conservation, positions Sarawak at the forefront of sustainable energy transitions. – TVS
Courtesy call to Dr. Sim, Deputy Premier of Sarawak and Minister of Public Health, Housing and Local Government
Thank you very much for the courtesy call by Timothy Ong Wye Ern, newly appointed Chief Executive Officer of Invest Sarawak, a new Sarawak Gov one stop Investment centre. #investsarawak Timothy Ong, a fellow Josephian, previously was Senior Deputy Director @ Malaysian Investment Development Authority #MIDA. Head of Circular Economy, Biomass and Renewables Unit. Welcome home Timothy. Together, let’s accelerate the international network for nation building for Sarawak #SarawakFirst #jagasarawakbait2 Skh
Sarawak Budget: RM7 million for InvestSarawak 2023 to boost state’s economy
KUCHING, Nov 21: The Sarawak government remains committed to creating an ideal climate for investment through attractive policies and initiatives to shore up the confidence of both local and foreign investors. As such, a total of RM7 million has been allocated for the established InvestSarawak, an entity to attract Foreign Direct Investments (FDI) into the state. Finance and New Economy Minister, Datuk Patinggi Tan Sri Abang Johari Tun Openg said the entity is to spearhead new directions by driving in local and foreign investors to uplift the state’s economy. “In this respect, we have established InvestSarawak to promote Sarawak globally towards attracting foreign direct investment,” he said when tabling the Sarawak Budget 2023 at the Sarawak Legislative Assembly (DUN) Sitting today. On another note, the Premier also highlighted that the state will continue to provide platforms to assist young entrepreneurs to recover their businesses post-pandemic. “Various initiatives will continue to be implemented under the 2023 budget that ensures business continuity, among others, provision of soft loans, interest subsidies, financial assistance for start-ups, product development, capacity building, e-Commerce, and promotion and marketing,” he said. Among them are the Special Relief Fund, Targeted Relief & Recovery Facility (TRRF), and Penjana Tourism Fund (PTF) with an allocation of RM18 million while Skim Kredit Mikro Sarawak and Small and Medium Industries Loan Scheme (SPIKS) were granted RM14 million. – TVS
Up to RM1bil in green financing available to Sarawak SMEs
KUCHING: Green financing amounting to RM1bil will be available to Sarawak SMEs to adopt sustainable practices. This comes after a memorandum of understanding (MOU) was signed by InvestSarawak, an agency under the state International Trade and Investment Ministry, the UN Global Compact Network Malaysia and Brunei (UNGCMYB) and Alliance Bank here on Friday (Nov 10). Deputy Premier Datuk Amar Awang Tengah Ali Hasan said the MOU would extend RM1bil in green financing for Sarawakian SMEs in sustainable-trade readiness and business resiliency towards environmental, social and governance (ESG) compliance.
InvestSarawak, UNGCMYB dan Alliance Bank metrai MoU RM1 bilion bantu pembiayaan hijau PKS – Awang Tengah
KUCHING, 10 Nov: Memorandum Persefahaman (MoU) di antara tiga pihak telah ditandatangani antara InvestSarawak, UN Global Compact Network Malaysia&Brunei (UNGCMYB) dan Alliance Bank Malaysia Berhad, untuk melanjutkan RM1 bilion dalam skim pembiayaan hijau untuk Perusahaan Kecil Sederhana (PKS) di negeri ini. Timbalan Premier Sarawak Datuk Amar Awang Tengah Ali Hasan berkata bantuan bernilai RM1 bilion itu akan memberi tumpuan kepada pembangunan perdagangan mampan kumpulan sasar. “Dengan bekerjasama dengan pihak yang betul seperti UNGCC, ditambah dengan sokongan institusi kewangan seperti Alliance Banks, kita (Kerajaan Sarawak) boleh menyediakan peralihan yang lancar untuk PKS yang merupakan tulang belakang ekonomi kami,” katanya. Beliau berkata demikian pada Majlis Pelancaran dan Pengenalan Program Pembiayaan dan Pembangunan Inklusif Iklim, di sini, pada Sabtu. Dalam pada itu, beliau meyakini InvestSarawak akan terus membangun sekali gus mempromosikan lebih banyak inisiatif untuk memanfaatkan PKS selepas ini. Hasrat itu menurut harapan beliau agar Sarawak dapat membina rantaian bekalan yang kukuh dan berdaya tahan yang bukan sahaja bertaraf dunia, tetapi mampan dalam semua aspek. Terdahulu, Kementerian Perdangangan Antarabangsa, Industri dan Pelaburan (MINTRED) Sarawak itu mendedahkan sehingga September, Kerajaan Sarawak telah meluluskan pelaburan bernilai RM 11.3 bilion untuk sektor pembuatan. Sementara, MoU itu telah ditandatangani oleh Ketua Pegawai Eksekutif InvestSarawak, Timothy Ong, Pengarah Eksekutif UNGCC, Faroze Nadar dan Ketua Kumpulan Strategi, Pemasaran dan Pembangunan Perniagaan Bank Alliance Malaysia, Dr Aaron Sum Wei Wern. Hadir sama Penasihat MINTRED, Datuk Naroden Majais dan Pemangku Setiausaha Tetap MINTRED, Dzulkornain Masron.– TVS
Datuk Amar Awang Tengah Saksikan Pemeteraian MoU Antara InvestSarawak, Alliance Bank & UNGCMYB
Datuk Amar Awang Tengah Saksikan Pemeteraian MoU Antara InvestSarawak, Alliance Bank & UNGCMYB KUCHING: Timbalan Premier Sarawak, Datuk Amar Awang Tengah Ali Hasan telah hadir menyaksikan upacara pemeteraian Memorandum Persefahaman (MoU) di sebuah hotel terkemuka di sini pada Jumaat. Pemeteraian MoU tersebut melibatkan tiga organisasi iaitu InvestSarawak, Alliance Bank dan Rangkaian Padat Global Pertubuhan Bangsa-Bangsa Bersatu Malaysia – Brunei (UNGCMYB). Datuk Amar Awang Tengah dalam ucapan ringkasnya berkata, perjanjian MoU antara ketiga-tiga organisasi tersebut adalah untuk menyediakan Sarawak untuk mencapai pemerdagangan antarabangsa yang mampan pada masa hadapan. “MoU ini ditandatangani untuk melanjutkan pembiayaan berjumlah RM1 bilion untuk Perusahaan Kecil dan Sederhana (PKS) Sarawak dalam kesediaan perdagangan mampan dan daya tahan perniagaan terhadap pematuhan Alam Sekitar, Sosial dan Tadbir Urus yang baik antara SarawakInvest, Alliance Bank dan UNGCMYB,” jelas beliau. Beliau menambah kerjasama ini amat penting bagi memperkasakan lagi PKS Sarawak yang merupakan salah satu tunjang ekonomi utama di negeri ini. “Dengan bekerjasama dengan pihak yang betul seperti UNGCMYB ditambah dengan sokongan Institusi Kewangan seperti Alliance Bank, kami boleh menyediakan peralihan yang lancar untuk PKS yang merupakan tulang belakang ekonomi kita,” tambah beliau lagi. Dalam perkembangan yang sama, Datuk Amar Awang Tengah turut memberi jaminan bahawa InvestSarawak akan terus membangunkan dan mempromosikan lebih banyak inisiatif seumpama ini bagi memberi manfaat kepada PKS dan perniagaan tempatan di negeri ini bagi memastikan Sarawak dapat membina rantaian bekalan yang kukuh dan berdaya tahan yang bukan sahaja bertaraf dunia tetapi mampan dalam semua aspek. Hadir sama, Timbalan Menteri Perdagangan Antarabangsa dan Pelaburan Sarawak Datuk Malcolm Mussen Lamoh, Ketua Pegawai Eksekutif InvestSarawak Timothy Ong, Pengarah Eksekutif UNGCMYB Faroze Nadar dan tetamu-tetamu jemputan yang lain. -EDISI UKAS #UKASnews #ukas5yo #SaluranInformasiRakyat #SarawakMajuMakmur
InvestSarawak jalin kerjasama dengan Alliance Bank Malaysia Berhad dan UNGCMYB
Premier: Sarawak now one of preferred investment destinations in Malaysia, thanks to business-friendly policies
KUCHING (Nov 7): Sarawak’s business-friendly policies have led the state to be one of the most preferred investment destinations in Malaysia, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. He said the policies are aimed at boosting investor confidence and fostering economic growth in the state. “This is supported by the facilitation of Foreign Direct Investments (FDIs) into the state, particularly in high-value sectors such as renewable energy, digital technology, ecotourism, and agrotechnology. “This points to Sarawak’s commitment to attracting investments in these promising areas.” He said this in his keynote address at the Malaysian Industrial Development Finance Berhad (MIDF) Automation and Digital Forum (Sarawak Edition) at a hotel here today. His text of speech was read by Deputy Minister of International Trade and Investment, Datuk Malcolm Mussen Lamoh. In an effort to stimulate economic growth in the state, Abang Johari said the state government had allocated RM7 million to InvestSarawak, an entity aimed at attracting FDIs into Sarawak. This allocation is part of an effort to attract both local and foreign investors and drive economic development in the state, he added. Furthermore, he pointed out, the state government is also placing a strong emphasis on supporting young entrepreneurs in their business post-pandemic recovery efforts – which underscores the crucial role of entrepreneurship in fostering innovation, job creation and overall economic growth. “Specific funding allocations have been outlined for programmes like the Special Relief Fund, Targeted Relief & Recovery Facility (TRRF), Penjana Tourism Fund (PTF), Skim Kredit Mikro Sarawak, Skim Pinjaman Industri Kecil dan Sederhana (SPIKS), Graduan ke Arah Keusahawanan (Gerak), Usahawan Teknikal & Vokasional (Ustev), Transformasi Usahawan Desa Sarawak, and the ‘Go Digital Programme.’ “These allocations are aimed at supporting various segments of the entrepreneurial ecosystem,” he said.
