Chinese investors eye major aluminium investment in Sarawak, says Zahid
The deputy prime minister says the proposed investment will expand production to meet demand from the construction, automotive, and other industrial sectors.
Deputy Prime Minister Ahmad Zahid Hamidi revealed that Chinese investors are showing interest in financing a major aluminium production project at the Samalaju Industrial Park in Sarawak, Malaysia. This investment, which could significantly expand aluminium-based product manufacturing to meet demands from various sectors, is part of a broader strategy to attract investments into rural areas, particularly in high-tech manufacturing.
The proposed project could provide new opportunities for local employment and technology transfer, Zahid stated during a press conference following a meeting with Chinese investors and business leaders. This visit, which is his third day in China, highlights the Malaysian government's strategy to promote investments outside designated industrial zones, as announced by Prime Minister Anwar Ibrahim in the 2027 budget.
The Sarawak and investment, trade, and industry ministries will review the proposed investment, which remains subject to approval. Zahid expressed his intention to establish a one-stop center to assist Chinese investors in realizing their plans in Malaysia, aiming to boost job creation, technical skills development, and technological advancements in high-tech sectors through the 'factory teaching' approach.
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.
