Latest news with #SarawakConnectLondon2025Forum
Borneo Post
03-05-2025
- Business
- Borneo Post
Premier: Sarawak ‘open for business' with long-term growth vision
Abang Johari (left) gestures as he speaks during the forum. – Premier's Office photo KUCHING (May 3): Sarawak is now 'open for business', brimming with opportunities that promise mutual benefits for both investors and the state, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. 'What I want to emphasise is that Sarawak has immense potential for future growth. We have stability, and we have a rational populace. 'We also have a clear roadmap with policies that remain consistent regardless of who holds the Premier's Office, extending even beyond 2030,' he said during a Fireside Chat moderated by Lord Jonathan Marland in conjunction with the Sarawak Connect London 2025 Forum yesterday. During the forum, Abang Johari shared his vision for Sarawak's development and called for global collaboration in shaping the state's future, according to a report shared on the Sarawakku Facebook page. The Premier said that with a long-term development plan charted up to 2035, Sarawak is well positioned for sustainable investment. He pointed out that Sarawak seeks strategic partnerships to accelerate innovation, technology adoption and green investment in renewable energy and carbon storage initiatives. 'If you can answer three questions positively – Is there risk? Can you generate profit? Is it sustainable? – then Sarawak is the right place for you,' he assured. Abang Johari said Sarawak has a stable government, long-term vision and openness to international partners, hoping that the visit to London would unlock new opportunities, benefiting both investors and the people of Sarawak. Organised by the state Ministry of International Trade, Industry and Investment (MINTRED), the Sarawak Connect 2025 Forum convened key UK investors and business communities to explore collaborative ventures. Earlier, Deputy Premier and Minister for MINTRED Datuk Amar Awang Tengah Ali Hassan also spoke at the forum. Among those present were Deputy Premier Datuk Amar Dr Sim Kui Hian, State Secretary Datuk Amar Mohamad Abu Bakar Marzuki as well as deputy ministers and senior government officials.
Malay Mail
03-05-2025
- Business
- Malay Mail
Eyeing fairer revenue deal from carbon sector, Sarawak looks to Scotland-UK framework for guidance
KUCHING, May 3 — The Sarawak government is studying the relationship model between Scotland and the United Kingdom (UK) as a reference in devising a mechanism for distributing carbon levy revenue as well as regulations between the state and federal governments. Sarawak Premier Tan Sri Abang Johari Tun Openg said it was to ensure Sarawak obtained a fair return from the state's natural resources, including in new sectors such as the carbon capture, utilisation and storage (CCUS) system being developed in the state. 'The main question is how the carbon levy is distributed between the federal and state governments,' he was quoted as saying in London in a statement by the Sarawak Public Communications Unit (UKAS) on Friday during the fireside chat session: Sarawak's Global Vision: Sustainability, Innovation and Strategic Partnerships in conjunction with the Sarawak Connect London 2025 Forum conducted by the chairman of the Commonwealth Enterprise and Investment Council, Lord Jonathan Marland. According to Abang Johari, Sarawak is now at the forefront of developing a sustainable carbon industry through the implementation of the first greenhouse gas emission reduction law in Malaysia. He said Sarawak does not want to be a mere exporter of raw materials in managing its natural resources and instead wants to create a complete value chain from upstream to downstream. To achieve this goal, Abang Johari said Sarawak is collaborating with international agencies and investors who have expertise and technology such as from South Korea, Japan and China. Sarawak is also exploring potential collaborations with European countries to expand a balanced investment network globally. 'We want to activate economic policies and activities based on our own strengths and I am confident that this approach is bearing fruit,' he added. — Bernama
Borneo Post
03-05-2025
- Business
- Borneo Post
Sarawak studies Scotland-UK model on carbon revenue distribution mechanism framework
Abang Johari Tun Openg KUCHING (May 3): The Sarawak government is studying the relationship model between Scotland and the United Kingdom (UK) as a reference in devising a mechanism for distributing carbon levy revenue as well as regulations between the state and federal governments. Sarawak Premier Tan Sri Abang Johari Tun Openg said it was to ensure Sarawak obtained a fair return from the state's natural resources, including in new sectors such as the carbon capture, utilisation and storage (CCUS) system being developed in the state. 'The main question is how the carbon levy is distributed between the federal and state governments,' he was quoted as saying in London in a statement by the Sarawak Public Communications Unit (UKAS) on Friday during the fireside chat session: Sarawak's Global Vision: Sustainability, Innovation and Strategic Partnerships in conjunction with the Sarawak Connect London 2025 Forum conducted by the chairman of the Commonwealth Enterprise and Investment Council, Lord Jonathan Marland. According to Abang Johari, Sarawak is now at the forefront of developing a sustainable carbon industry through the implementation of the first greenhouse gas emission reduction law in Malaysia. He said Sarawak does not want to be a mere exporter of raw materials in managing its natural resources and instead wants to create a complete value chain from upstream to downstream. To achieve this goal, Abang Johari said Sarawak is collaborating with international agencies and investors who have expertise and technology such as from South Korea, Japan and China. Sarawak is also exploring potential collaborations with European countries to expand a balanced investment network globally. 'We want to activate economic policies and activities based on our own strengths and I am confident that this approach is bearing fruit,' he added. – Bernama Abang Johari Tun Openg carbon capture carbon levy united kingdom
