By Amanda L KUCHING, Nov 10: Competitive electricity tariffs could strengthen Sarawak’s appeal to international investors, particularly industries seeking to manage operating costs while expanding their manufacturing activities. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the state’s control over its energy supply enabled it to offer competitive electricity rates, giving Sarawak an advantage over other investment destinations in the ASEAN region. “We have the lowest electricity…
Sarawak's low electricity tariffs make it attractive to investors in ASEAN, helping reduce industrial costs.
Sarawak has the lowest electricity tariffs in the region due to its control over energy supply.
Investors consider factors like water availability, government policies, and workforce quality.
Sarawak's strategic location and energy resources enhance its appeal as an investment destination.
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KUCHING, Nov 10: Competitive electricity tariffs could strengthen Sarawak’s appeal to international investors, particularly industries seeking to manage operating costs while expanding their manufacturing activities.
Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the state’s control over its energy supply enabled it to offer competitive electricity rates, giving Sarawak an advantage over other investment destinations in the ASEAN region.
“We have the lowest electricity tariffs in the region because we control our own energy supply,” he said during a fireside chat at the Standard Chartered–Invest Sarawak–BMCC Industrial Transition Forum here today.
He said Sarawak’s strategic geographical location and sufficient energy resources further strengthened its position as an investment destination.
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