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Sarawak Targets China To Invest In SCORE

News From : DagangHalal.com (07 Aug 2009)

KUCHING, Aug 7 (Bernama) — Sarawak has identified four industries to attract investors from China to invest in the Sarawak Corridor of Renewable Energy (SCORE).

Chief Minister Tan Sri Abdul Taib Mahmud said the potential industries for the investors were aluminium, pulp and paper, deep sea fishing, and food, particularly halal food products.

“For the aluminium industry, we can see more downstream activities that could be ventured into,” he said when opening the Sarawak-China Business Forum here on Friday.

Taib said with the aluminium smelter plant located in Mukah, one of the areas under SCORE, many related business ventures could benefit and hopefully provide a boost to the state’s aluminium industry.

He said that Sarawak was also keen to tap China’s expertise in the pulp and paper industry which had seen tremendous developments in past five years in the country.

“Using China’s technology in the paper and pulp industry which is far more advanced will give more benefits,” he said.

For deep sea fishing, Taib said that Sarawak’s fisheries industry was still largely untapped, especially in the Tanjung Manis area.

SCORE is one of the five regional development corridors being developed throughout the country.

Located within Sarawak’s Central Region, it stretches for 320 kilometres along the coast from Tanjung Manis to Similajau and extends into the surrounding areas and the hinterland.

Core of the corridor is the energy resources, particularly hydropower (28,000 megawatts), coal (1.46 billion tonnes), and natural gas (40.9 trillion square cubic feet), which are found abundantly within the region.

— BERNAMA

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