KUCHING, Nov 10: Sarawak secures US$1 billion, approximately RM4.07 billion, investment to develop artificial intelligence (AI) infrastructure, as part of a wider US$1.85 billion investment package in Malaysia involving SoftBank Group, Grab and Petroleum Sarawak Berhad (PETROS).
Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg clarified that the US$1.85 billion figure represents the total investment for Malaysia, while US$1 billion is allocated specifically for the Sarawak project.
“The entire entity is investing US$1.85 billion in Malaysia. However, US$1 billion is for Sarawak. I am referring to the total investment.
“You cannot mention only Sarawak when the investment covers the whole country. The agreement has already been signed,” he told reporters after officiating the Sarawak Form Six Student Leadership and Empowerment Convention 2026 at a hotel here today.
