Blessed with an abundance of hydro, coal and gas resources that one would be hard pressed to find elsewhere, the state of Sarawak has a comparative advantage that is successfully being leveraged to produce bulk power at competitive prices in order to attract capital-intensive investments in heavy industry.
During the 1980s, when the state’s income per capita was as low as RM700 ($213) and the poverty rate hovered around 60%, modern shopping complexes in Sarawak were few and far between, and those in existence confined to the main cities of Kuching and Sibu. In the decades that have followed, Sarawak has undergone an economic renaissance and by...
According to the “Malaysia Energy Statistics Handbook 2014”, Malaysia is endowed with 98.31trn standard cu feet (scf) of proven natural gas reserves, of which Sarawak accounts for around half, with 50.12trn scf, and neighbouring Sabah with 13.21trn scf. Offshore basins in the two eastern Malaysian states have become the focal point of...
As Malaysia’s largest state, making up around 40% of the country’s total land mass, Sarawak stretches over an area of 124,449 sq km and occupies 320 km of coastline, endowing it with large plots of land that can be allocated for industrial development with import and export facilities. The Sarawak Corridor of Renewable Energy (SCORE) is one of...
Given Sarawak’s budding power generation potential and the appeal of the cost competitiveness and sustainability of hydropower, the state government is in the midst of securing power exchange agreements with neighbouring territories. It is also looking to emulate the example of Norway, which has positioned itself as Scandinavia’s leading...
Riding a wave of robust market prices, Sarawak's pepper industry has continued to post financial gains as global demand for the spice continues to grow. The state dominates Malaysia's pepper sector, accounting for roughly 95% of the country's output. As a result, pepper has become a major cash crop supplementing the timber and palm oil...
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