KUCHING: The Sarawak government has approved RM31.8 billion in Foreign Direct Investment (FDI) for high-tech industries in the electrical and electronics, chemical, and green metal sectors from 2019 to 2023.
State Deputy International Trade, Industry and Investment Minister, Datuk Dr Malcolm Mussen Lamoh said 10 investment projects have already been implemented.
"These high-tech industries involve investments totalling RM9.3 billion for five projects in electrical and electronics, three in chemicals, and two in green metals.
"The state government will also collaborate with the federal government to develop Sarawak as a hub for aerospace and semiconductors," he said.
He was responding to a question from Razaili Gapor (GPS-Beting Maro) during the Sarawak State Legislative Assembly session today.
Malcolm further added that the Sarawak government is also formulating policies to develop strategies and action plans to enhance Sarawak's appeal as an investment destination.
"The Sarawak government encourages strategic partnerships with technical institutions, research centres, higher education institutions, and key industries such as semiconductors and aerospace to drive innovation and technology development.
"To support this, the Sarawak government through the Sarawak Digital Economy Corporation (SDEC) has established the Technology and Innovation Sandbox as a testing ground for new technologies across various sectors.
"SDEC also provides platforms such as the SDEC Technology Accelerator, Digital Village Accelerator, and Founder's Forge, which aim to develop and commercialise technology through start-up companies," he added.
He further highlighted that the Sarawak government is focusing on Technical and Vocational Education and Training (TVET), offering training in fields such as electrical engineering, automotive technology, and aerospace.
"Sarawak will be the only region to offer free higher education to all Sarawakians by 2026, prioritising technical and financial courses like engineering, accounting, cybersecurity, and computer science," he said.