KUCHING: Capricorn Investment Group, a US-based investment firm, has shown keen interest in the Sarawak Premier’s aggressive vision for climate action.
According to Invest Sarawak chief executive officer (CEO) Timothy Ong Wye Em, discussions during the meeting with Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg centered on how Capricorn could support Sarawak’s growth in new energy sectors, battery technology, and the aerospace industry.
“Capricorn is no stranger to the world of technology investments. They were among the early investors in major companies such as Tesla and SpaceX.
“With their vast experience in innovation, they see Sarawak as a strategic destination for investments in green energy and digital technology,” he said.
He said this to reporters after paying a courtesy visit to the Premier at Wisma Bapa Malaysia today (Feb 3).
Ong further said the Premier welcomed Capricorn’s presence and the ideas they brought to the discussion.
Key topics included the development of a wellbeing roadmap, new energy initiatives, and potential collaborations in the semiconductor and digital park sectors in Sarawak.
He added that the Premier has also instructed that a follow-up meeting be held to further refine the possible collaboration between the state and Capricorn Investment Group.
In a related development, Ong highlighted Sarawak’s growing prominence as a major energy hub in Malaysia, following Prime Minister Datuk Seri Anwar Ibrahim’s recent announcement that the state will soon become the country’s energy hub.
“Efforts are also underway to establish a special economic zone focused on the digital and technology sectors.
“As of now, Samarahan Digital Village in Sama Jaya has emerged as one of Sarawak’s key technology development hubs,” he said.
On the meeting, he said it marks a positive step toward attracting more international investments to Sarawak, aligning with the state’s aspirations to become a leading hub for green energy and technology in the region.
Also present at the meeting were representatives from Capricorn Investment Group.
