TANJUNG MANIS: Sarawak recorded more than RM116.8 billion in domestic and foreign investments between 2021 and 2024, reflecting the state's potential as an investment destination.

Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan said efforts to attract quality investments would continue to be strengthened to drive the state's economic growth.

"More than 60 per cent of the approved investments have either been realised or are currently being implemented, demonstrating progress in the implementation of investment projects in Sarawak," he said.

He said this when officiating at the groundbreaking ceremony for PMW International Berhad Spun Pile and Pole Factory at Bandar Baru Tanjung Manis on Monday.

According to him, Sarawak also recorded RM11.2 billion in approved investments in 2026, further expanding opportunities for the state's economic growth.

He said clear policies, a strong legal framework and investor protection were among the key factors in building confidence among local and international companies.

Investment developments also include an additional RM2 billion investment by OCI in Bintulu and the expansion of Western Digital's operations in Kuching.

He explained that the Sarawak Government is also strengthening workforce development through collaboration with institutions and agencies to meet the demands of high-technology industries.

"Technical and Vocational Education and Training (TVET) and Science, Technology, Engineering and Mathematics (STEM) education must continue to be strengthened through collaboration with higher education institutions, CENTEXS and TEGAS to develop a skilled workforce in line with current industry needs," he said.

He added that quality investments create employment opportunities, strengthen local businesses and support sustainable economic development.

Also present were Deputy Minister for Natural Resources and Urban Development Datuk Len Talif Salleh, Deputy Minister in the Sarawak Premier's Department (Integrity and Ombudsman) Datuk Dr Juanda Jaya, Tanjong Manis Member of Parliament Dato Ir Yusuf Abdul Wahab, Ministry of International Trade, Industry and Investment Sarawak (MINTRED) SME Advisor Dato Sri Mohd Naroden Majais and other guests. -UKASnews