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Renewable energy and ESG Sarawak 2 investment trump card
Exclusive Report: Xiao Weiyang
At a time when Malaysia became the darling of foreign investors, Sarawak was also intensively developing the state's economy, hoping to become a major economic center for Malaysia and the region.
Internally, Shazhou has drastically raised development expenses and is in full swing to launch more infrastructure projects; externally, the state government is actively attracting various high-tech investments to achieve industrial upgrading.
In the process, Shazhou was by no means alone; the federal government also had “blood transfusion” support behind it. Prime Minister Anwar has said he is full of confidence in Shazhou's economic potential.
The economic gears are rolling, what projects are getting a lot of attention? At the same time, which Malaysian stocks are worth paying attention to? After collating the opinions of major brokerage firms and current affairs topics, “Nanyang Commercial Daily” presents them to readers one by one.
Become a developed state by 2030
Sand competed for 100 billion investment in 6 years
At a time when Malaysia has become the darling of foreign investors due to global supply chain restructuring, Sarawak, located in Borneo, is also struggling and plans to upgrade to a major economic center through a series of investment projects. In the process, what development projects are attracting attention? Also, which Malaysian listed companies are involved, and are worth investors' attention?
When it comes to boosting the economy, Sarawak can be described as making every effort in recent years. The state has set a goal of securing more than RM100 billion in capital injections over the next 6 years, making it one of the “developed states” by 2030 at the latest. At that time, Sarawak's gross domestic product (GDP) is expected to reach RM282 billion, which is 93% higher than RM146 billion in 2023.
In line with the above...
Exclusive Report: Xiao Weiyang
At a time when Malaysia became the darling of foreign investors, Sarawak was also intensively developing the state's economy, hoping to become a major economic center for Malaysia and the region.
Internally, Shazhou has drastically raised development expenses and is in full swing to launch more infrastructure projects; externally, the state government is actively attracting various high-tech investments to achieve industrial upgrading.
In the process, Shazhou was by no means alone; the federal government also had “blood transfusion” support behind it. Prime Minister Anwar has said he is full of confidence in Shazhou's economic potential.
The economic gears are rolling, what projects are getting a lot of attention? At the same time, which Malaysian stocks are worth paying attention to? After collating the opinions of major brokerage firms and current affairs topics, “Nanyang Commercial Daily” presents them to readers one by one.
Become a developed state by 2030
Sand competed for 100 billion investment in 6 years
At a time when Malaysia has become the darling of foreign investors due to global supply chain restructuring, Sarawak, located in Borneo, is also struggling and plans to upgrade to a major economic center through a series of investment projects. In the process, what development projects are attracting attention? Also, which Malaysian listed companies are involved, and are worth investors' attention?
When it comes to boosting the economy, Sarawak can be described as making every effort in recent years. The state has set a goal of securing more than RM100 billion in capital injections over the next 6 years, making it one of the “developed states” by 2030 at the latest. At that time, Sarawak's gross domestic product (GDP) is expected to reach RM282 billion, which is 93% higher than RM146 billion in 2023.
In line with the above...
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