Chasing pot of gold

TheStar Wed, Mar 27, 2024 05:46pm - 1 month View Original


Whether Sarawak will succeed in its ambitious plans today will depend on how well its plans are thought out and executed. - ZULAZHAR SHEBLEE / The Star

THE hype surrounding Sarawak is not new. It is sitting on a growing pot of gold thanks to higher oil and gas (O&G)-related royalties from the federal government.

The state is taking some audacious bets. Using its vast green energy resources — read hydropower — it is seeking to become one of the world’s largest producers of green hydrogen.

Sarawak also wants to attract industries such as semiconductors and other high-level manufacturing.

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