Home » Bosnia-Herzegovina Eyes Business Potential In SCORE

Bosnia-Herzegovina Eyes Business Potential In SCORE

News From : DagangHalal.com (13 Oct 2009)

KUCHING, Oct 12 (Bernama) — Bosnia-Herzegovina is keen to tap the potential of Sarawak Corridor of Renewable Energy (SCORE) in the areas of developing and exporting the energy industry, its Ambassador to Malaysia Ensar Eminovic said on Monday.

Eminovic said Bosnia-Herzegovina has the expertise and experience in terms of human resources in the energy industry and believed it could share a common synergy to enhance the bilateral relationship.

“The war that ended in 1995 had destroyed the infrastructure in our energy sector but we still have our human resources and we believe we can start from there,” he said at a media briefing on “Malaysia Global Business Forum — Bosnia Herzegovina” here.

The forum will be held from Nov 8 to 11, 2009, at the Borneo Convention Centre Kuching and former prime minister Tun Dr Mahathir Mohamad is expected to be a keynote speaker.

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

It is located within Sarawak’s Central Region, stretching for 320 kilometres along the coast from Tanjung Manis to Similajau and extending 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) found abundantly within the Central Region with the Regional Economic Development Authority (RECODA) given the task to ensure its success.

RECODA is the body to manage and implement SCORE. Its main goal is to ensure the success of SCORE by 2030 by creating 1.5 million new jobs and achieving an average gross domestic product (GDP) per capita growth of 5.5 per cent per annum.

Eminovic said apart from energy sector, the creation of a halal hub in Tanjung Manis in Sarawak had attracted attention as Bosnia-Herzegovina wanted to set up a similar hub to capture the lucrative halal markets in the European countries.

He said that halal products have enjoyed a brisk sales in European countries not only among Muslim consumers but also non-Muslim consumers due to its strict hygenic standards.

— BERNAMA

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