Latest news with #AmarAwangTengahAliHasan
New Straits Times
28-05-2025
- Business
- New Straits Times
Petronas invested RM25bil in Sarawak in 2024: Awang Tengah
KUCHING: Petroliam Nasional Bhd (Petronas) has invested RM25 billion in Sarawak last year, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan. Awang Tengah, who is also the Sarawak Minister for International Trade, Industry and Investment said these investments include nine first hydrocarbon discoveries and two major production milestones – the Kasawari field at Block SK316 and the Jerun field at Block SK408. "Ongoing offshore development and exploration projects are in progress to ensure future energy security. "Petronas is intensifying frontier exploration through data enrichment and strategic partnerships for seismic processing, reinforcing Sarawak's role in Malaysia's energy sector, supporting long-term energy security and economic growth," he said during his ministry's winding-up session at the State Legislative Assembly sitting here today. Meanwhile, Awang Tengah said Sarawak recognises natural gas as a vital transition fuel in the global journey towards net-zero emissions and the state is committed to its responsible development. He said the Sarawak Gas Roadmap leverages Sarawak's abundant natural gas resources, which constitute over 60 per cent of Malaysia's reserves, to drive industrialisation, improve energy security and attract sustainable investment. "As part of this initiative, a RM100 million city gas trunkline in Bintulu will expand clean and affordable energy access for homes and businesses. The project is going to be implemented soon. "Meanwhile, the RM1 billion Samalaju Pipeline will transport 300 million standard cubic feet (mmscf) per day of gas from Bintulu to Samalaju Industrial Park. The installation of this gas pipeline is expected to be completed by the end of 2025," he said.
The Sun
28-05-2025
- Business
- The Sun
Sarawak approves 82 resettlement projects
KUCHING: A total of 82 projects under the Resettlement Scheme (SPS) and Village Expansion Scheme (SPK) have been approved as of April 30 under the 12th Malaysia Plan (12MP) and the People's Project, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan. He said the overall project provides a total of 7,932 housing lots with an estimated cost of RM1.5 billion. 'Of the total, 25 projects are completed while the implementation of the remaining 57 projects will continue until the end of the 12MP and in the 13MP,' he said when winding up on behalf of the Ministry of Natural Resources and Urban Development at the State Assembly here today. Awang Tengah, who is also the Second Minister of Natural Resources and Urban Development, said that since 2018, infrastructure development for the scheme has been implemented with new specifications involving the construction of, among others, paved roads, concrete drains and water and electricity supply reticulation systems, involving an average cost of RM150,000 per lot. 'However, taking the people's welfare into consideration, the government has set the land premium payment at no more than RM2,500, which can be paid in annual instalments for up to 10 years,' he said.
Borneo Post
28-05-2025
- Business
- Borneo Post
Sarawak records RM16.8 bln trade surplus in Q1 2025, says Awang Tengah
Awang Tengah noted that with Malaysia assuming the Asean chairmanship, efforts are being made to enhance the bloc's role in talks with the US, aiming to mitigate trade disruptions and safeguard regional economic stability. KUCHING (May 28): Sarawak maintained strong trade relationships with its major partners and recorded a trade surplus of RM16.8 billion despite facing challenges in the first quarter of 2025, said Deputy Premier Datuk Amar Awang Tengah Ali Hasan. The International Trade, Industry and Investment Minister stated that while trade volumes fluctuated, the surplus underscores the state's economic resilience and ability to adapt to shifting global trade dynamics. 'Sarawak is expected to face minimal direct impact from the United States (US) reciprocal tariff. 'However, increasing trade tensions and uncertainties could pose risks to external trade and domestic demand. 'Nevertheless, Sarawak's trade ties with key Asian economies remain robust, underpinned by Free Trade Agreements (FTAs) that help diversify and expand export markets,' he said when delivering his ministerial winding-up speech at the State Legislative Assembly (DUN) Sitting today, Awang Tengah noted that with Malaysia assuming the Asean chairmanship, efforts are being made to enhance the bloc's role in talks with the US, aiming to mitigate trade disruptions and safeguard regional economic stability. 'Concurrently, Sarawak is intensifying its global trade engagement, particularly with the European Union and Middle East. 'By leveraging regional agreements such as the Regional Comprehensive Economic Partnership (RCEP) and the Asean-China Free Trade Agreement, the state aims to penetrate new markets. 'In line with this, local small and medium enterprises are encouraged to optimise resources, enhance efficiency and explore trade opportunities through business-matching initiatives,' he added. Awang Tengah emphasised that Sarawak's trade continues to be a key driver of economic growth, demonstrating resilience amid global uncertainties. 'The state's major trading partners remain Japan, China, South Korea and India,' he said. Awang Tengah said for 2024, exports grew by 2.3 per cent to RM133.8 billion, driven mainly by natural gas, crude petroleum and vegetable oils. 'Imports, on the other hand, grew by 3.1 per cent to RM64.5 billion, fuelled by higher demand for petroleum products, motor vehicles and aluminium ore. 'This led to a 1.5 per cent expansion in the trade surplus, reaching RM69.3 billion, reflecting stable growth in Sarawak's key traded goods,' he added. Awang Tengah Ali Hasan export import lead trade
Barnama
28-05-2025
- Business
- Barnama
Sarawak Govt Approves 82 SPS, SPK Projects Under 12MP
KUCHING, May 28 28 Mei (Bernama) -- A total of 82 projects under the Resettlement Scheme (SPS) and Village Expansion Scheme (SPK) have been approved as of April 30 under the 12th Malaysia Plan (12MP) and the People's Project, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan. He said the overall project provides a total of 7,932 housing lots with an estimated cost of RM1.5 billion. "Of the total, 25 projects are completed while the implementation of the remaining 57 projects will continue until the end of the 12MP and in the 13MP,' he said when winding up on behalf of the Ministry of Natural Resources and Urban Development at the State Assembly here today.
Barnama
28-05-2025
- Politics
- Barnama
Over 1.2 Million Hectares Of NCR Land Surveyed In Sarawak
KUCHING, May 28 (Bernama) -- The Sarawak government has always recognised and safeguarded the people's right to the Native Customary Right (NCR) land, provided that it is valid and established under the provisions of existing land laws. Deputy Premier Datuk Amar Awang Tengah Ali Hasan said that through the New NCR Land Survey Initiative, carried out from October 2010 to April 30 this year, 1,200,766 hectares or 2,967,093 acres have been surveyed. "Of that total, about 935,760 hectares or 2,312,263 acres have been gazetted as Native Communal Reserve (Agriculture) under Section 6 of the Sarawak Land Code. This survey work is based on applications from the parties involved," he said when winding up for the Natural Resources and Urban Development Ministry at the State Assembly sitting here today.
