KUCHING: Sarawak offers a range of advantages to international investors, including its strategic location, competitively priced energy supply and talent development through the state's education policies.

Sarawak Premier Datuk Patinggi Tan Sri (Dr) Abang Abdul Rahman Zohari Tun Datuk Abang Openg said these factors are among the key considerations for investors seeking to ensure their investments generate long-term returns and profits.

According to him, Sarawak enjoys advantages in terms of location and energy supply, besides offering the lowest electricity tariffs in the region, making it an attractive investment destination.

"Anyone looking to invest in a particular location would certainly want to ensure their investment generates profits. That is the first consideration because no one wants to invest in a loss-making venture.

"Sarawak has various advantages that can help investors generate profits. So, why not come and invest in Sarawak?" he said.

He said this during a fireside chat at the Standard Chartered-InvestSarawak British-Malaysia Chamber of Commerce (BMCC) Industrial Transition Forum here on Tuesday.

He added that investors must also assess the overall costs of implementing a project, including financing, borrowing rates and operating models, to ensure its long-term viability.

Meanwhile, Datuk Patinggi Abang Zohari said talent development is another key factor considered by prospective investors, alongside access to energy and water supplies.

He said Sarawak's education policies are capable of producing a skilled workforce proficient in modern technologies to meet the demands of emerging industries and the new economy.

"Based on my discussions with prospective investors, they are not only attracted by Sarawak's energy and water supplies but also regard the state's education policies as an advantage.

"This is because Sarawak is capable of providing a skilled workforce proficient in modern technologies," he said. -UKASnews