SINGAPORE: Investors leveraging Sarawak’s green energy in their production processes stand to gain market advantages or a green premium as global demand for low-carbon products continues to rise.
Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the world is now focusing on environmentally friendly products produced through renewable energy-based manufacturing, making Sarawak’s green energy a key added value for both foreign and local investors.
“Investors who come to Sarawak and produce goods using green energy will receive a green premium.
“This means their products will be easier to sell because their production process is low in carbon emissions. The world is now seeking green products that do not harm the environment,” he said.
He said this in his speech at the Sarawak Mega Fair 2025 held at the Suntec Singapore Convention & Exhibition Centre here today.
Meanwhile, during a press conference after the event, Abang Johari said the Sarawak Government offers various attractive investment incentives to encourage foreign investors, including those from Singapore, particularly in the clean energy and sustainable industrial sectors.
“We are offering incentives equivalent to those provided by MIDA, and in addition, we have state-level incentives such as land size and pricing, land premiums, and competitive energy tariff rates.
“At present, Sarawak has the lowest industrial energy tariff in Malaysia,” he said.
He added that the rate and form of incentives will be determined based on the scope and type of investment through consultations with relevant agencies, such as Sarawak Energy Bhd (SEB) and the Ministry of Natural Resources and Urban Development, to ensure a balance between economic growth and environmental sustainability.
He further explained that political and administrative stability in Sarawak is a key factor strengthening international investor confidence.
“For any investor, the first thing they look at is stability. Thankfully, we have that stability in Sarawak.
“As you can see, almost half of my Cabinet members are here today. This shows that our government is stable, the people are safe, and the business community is secure,” he said.
He expressed confidence that with strong stability, investor-friendly policies, and sustainable green energy resources, Sarawak is on the right track to emerge as a regional leader in green energy and a prime investment destination by 2030.
