logo
OTSM's RM2 Bln Investment A Boost To Sarawak's Regional Tech Hub Ambition

OTSM's RM2 Bln Investment A Boost To Sarawak's Regional Tech Hub Ambition

Barnama5 days ago
BINTULU, July 16 (Bernama) -- OCI Tokuyama Semiconductor Materials Sdn Bhd's (OTSM) RM2 billion investment to establish a semiconductor-grade polysilicon plant at the Samalaju Industrial Park here is a strategic milestone that reinforces Sarawak's position in the global semiconductor value chain.
Sarawak Premier Tan Sri Abang Johari Tun Openg said the investment by a joint venture between South Korea's OCI Company Ltd and Japan's Tokuyama Corporation reflects international confidence in Sarawak's political stability, industrial infrastructure and long-term development vision.
'This marks a significant milestone in advancing high-technology industrial development in the region. It also underscores our commitment to sustainable partnerships that will power the future,' he said at the groundbreaking ceremony here today.
Abang Johari noted that the facility, expected to be the first of its kind outside Japan and South Korea, will produce high-purity polysilicon – a critical material used in the production of semiconductors for smartphones, electric vehicles, data centres and artificial intelligence (AI).
He said the project supports Sarawak's Semiconductor Strategic Framework, which aims to establish the state as a regional hub for advanced technology manufacturing.
'With this investment, Sarawak strengthens its position in the global semiconductor value chain and moves closer to becoming a regional technology hub,' he said.
Highlighting Sarawak's green energy credentials, Abang Johari said 70 per cent of the state's electricity is generated from hydropower, supported by emerging solar technologies, which positions Sarawak as a prime location for sustainable and environmentally friendly investments.
'Sustainability is the core of our Post COVID-19 Development Strategy (PCDS). With green energy from hydro and solar, Sarawak is poised to support global demand for certified green materials,' he said.
He also revealed ongoing efforts to enhance Sarawak's technological capabilities through the development of an artificial intelligence-powered semiconductor chip in collaboration with academic institutions in the United Kingdom.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Sarawak unity drives sustainable growth towards 2030 vision
Sarawak unity drives sustainable growth towards 2030 vision

The Sun

time16 minutes ago

  • The Sun

Sarawak unity drives sustainable growth towards 2030 vision

KUCHING: The unity of Sarawak's diverse communities remains the cornerstone of the state's progress as it advances towards becoming a high-income and developed region by 2030, said Premier Tan Sri Abang Johari Tun Openg. Marking Sarawak Day 2025 under the theme 'Sarawak Maju Makmur' (Progressive and Prosperous Sarawak), he emphasised the state's commitment to inclusive growth through the Post-COVID-19 Development Strategy (PCDS) 2030. 'The Sarawak government will continue implementing PCDS 2030 to ensure socio-economic prosperity for all,' he stated in a Facebook post by the Office of the Premier. The Premier also outlined key focus areas, including digital economy expansion, AI adoption, and sustainable environmental practices. Sectors like oil and gas, plantations, tourism, and modern agriculture will receive accelerated development to bolster economic resilience. Education remains a priority, with free higher education in selected fields at state-owned universities starting next year. 'This initiative allows students to focus on their studies while easing financial burdens on families,' he added. Abang Johari reaffirmed Sarawak's dedication to safeguarding its rights under the Malaysia Agreement 1963 (MA63) and thanked organisers for ensuring a successful Sarawak Day celebration in Miri. 'May Sarawak continue to prosper and serve as Malaysia's harmony model,' he concluded. – Bernama

Pahang Gov't Aims To Expand Employment Opportunities, Attract More Investments
Pahang Gov't Aims To Expand Employment Opportunities, Attract More Investments

Barnama

time42 minutes ago

  • Barnama

Pahang Gov't Aims To Expand Employment Opportunities, Attract More Investments

TEMERLOH, July 21 (Bernama) -- The Pahang government is committed to expanding the people's employment opportunities by attracting more investments to the state. Menteri Besar Datuk Seri Wan Rosdy Wan Ismail said they also welcome those born in Pahang but currently work elsewhere to return to work in the state, in line with the increasing investment received by Pahang. "We want to provide plenty of job opportunities so that they can return (to work) in Pahang. "I was told that those working elsewhere are willing to return to Pahang if there is an opportunity and if there are better offers,' he told a media conference after the Pahang state-level Asyura Carnival 1447 Hijrah at Surau Kampung Paya Laman, Lanchang here. The carnival, organised by the Pahang Islamic Religious Affairs Department (JAIP) in collaboration with other agencies, saw 33 teams taking part in the bubur asyura (asyura porridge) cooking competition to instil the spirit of gotong-royong as well as cultivate the culture of giving and sharing sustenance among the community. At the same time, the 46 haj pilgrims who received their offer letter late this year were presented with the Makmur Pahang Initiative in the form of RM760 cash each under the Baraqah Haji Pahang Programme. In addition, Wan Rosly said the state government has consistently expressed high commitment in efforts to increase the Gross Domestic Product (GDP) and investment value in Pahang, which has reached RM4 billion as of June. Asked about the extraordinary appreciation to be announced by Prime Minister Datuk Seri Anwar Ibrahim either tomorrow or Wednesday, Wan Rosdy hopes the good news will be enjoyed by people in all states, including Pahang. "The Prime Minister has said it will be a good announcement, so let's wait. I don't know either, no one knows,' he said.

Sarawak Day: Unity Key To State's Sustainable Growth
Sarawak Day: Unity Key To State's Sustainable Growth

Barnama

timean hour ago

  • Barnama

Sarawak Day: Unity Key To State's Sustainable Growth

KUCHING, July 21 (Bernama) -- The unity of Sarawak's multiracial and multi-religious people is a strong foundation in driving the state's sustainable development towards becoming a high-income and advanced region by 2030, said Premier Tan Sri Abang Johari Tun Openg. He said this year's Sarawak Day celebration, themed 'Sarawak Maju Makmur' (Progressive and Prosperous Sarawak), reflects the state government's and the people's shared commitment to reinforcing strong ties among one another. 'The Sarawak government will continue implementing the Post-COVID-19 Development Strategy (PCDS) 2030 to ensure inclusive socio-economic prosperity,' he said in a post on the Office of the Premier of Sarawak's Facebook page today. The message was also featured in the official programme booklet for the state-level Sarawak Day 2025 celebration, to be held in Miri tomorrow. Abang Johari reaffirmed the state government's commitment to enhancing digital economy and artificial intelligence (AI), driving environmental sustainability, and accelerating the development of key sectors such as oil and gas, plantation, tourism, and modern agriculture. In addition, he also emphasised that quality and inclusive education are central to human capital development. 'Therefore, starting next year, free education will be provided for all Sarawakian students in selected fields at state-owned universities. This is to enable students to focus on their studies and ease the financial burden on their families,' he said. Abang Johari also reiterated the state government's commitment to continue upholding Sarawak's rights under the Malaysia Agreement 1963 (MA63), and expressed appreciation to all parties involved in making this year's Sarawak Day celebration a success. 'May Sarawak continue to prosper and remain a model of harmony in Malaysia. Happy Sarawak Day 2025,' he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store