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Sarawak seeks more incentives in 2027 budget to draw investors

This was discussed in a meeting between deputy premier Awang Tengah Ali Hasan and federal investment, trade and industry minister Johari Ghani yesterday.

Sarawak seeks more incentives in 2027 budget to draw investors

Sarawak's Deputy Premier Awang Tengah Ali Hasan and Federal Investment, Trade and Industry Minister Johari Ghani held a meeting in Putrajaya to discuss incentives and infrastructure improvements for the 2027 budget. The talks centered on attracting investments in semiconductors, high-tech manufacturing, and clean energy sectors.

The Sarawak International Trade, Industry, and Investment Ministry shared that the discussions aimed to explore opportunities for expanding high-value and emerging industries. Both sides emphasized the necessity of offering suitable incentives, developing infrastructure, ensuring a skilled workforce, and establishing a supportive investment environment.

The meeting also addressed Sarawak's development goals under its 2030 post-Covid-19 strategy, as well as Malaysia's broader industrial and investment initiatives, which include generating quality employment, nurturing local talent, bolstering local businesses, and promoting technology adoption and innovation.

Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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