KUCHING: The Japan Bank for International Cooperation (JBIC) sees great potential for foreign direct investment (FDI) in Sarawak, particularly in the green energy and manufacturing sectors.
JBIC Executive Managing Director, Shigeto Hashiyama, said that the meeting today with Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg aimed to gain a closer understanding of cooperation and investment opportunities that could bring mutual benefits to both Japan and Sarawak.
“Our goal is to promote joint ventures and related Japanese industrial projects so that they become more sustainable in Sarawak,” he added.
“This step will not only contribute to the state’s economic growth, but also add value to Japan’s economy. It is a bilateral contribution that benefits both sides.”
Hashiyama said this after paying a courtesy call on the Premier at the Satria Pertiwi Complex today.
He added that Abang Johari also emphasised the state’s great potential in developing green energy and sustainable manufacturing.
JBIC, said Hashiyama, will convey this message to Japanese investors who are considering investment opportunities in Sarawak.
He also said that JBIC is currently focusing on several key sectors related to manufacturing and energy, including semiconductors, chemical industries, hydrogen, carbon capture, utilisation and storage (CCUS) technologies, as well as power generation.
