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...

Foreign investment in the semiconductor industry has increased, and Penang's science and technology construction industry is booming
Reporting by Lim Di Sheng
As the traditional center of Malaysia's electronics and electrical (E&E) industry, Penang is considered one of the most promising economic development centers in Malaysia, and is even hailed by some as the “Silicon Valley of the East.”
At a time when global semiconductors are expected to return to an upward cycle, Societe Generale Investment Bank took the opportunity to discuss the future of Penang as the locomotive of the Malaysian technology industry.
At the same time, with the support of key infrastructure projects such as the Light Rail (LRT), the future of Penang's real estate and construction market also seems bright and worth discussing.
Travel, and enhance relevant competitiveness.
“Penang already has a strong foundation in high-tech industries and manufacturing. If it expands into higher value-added fields, including R&D, design and innovation, we believe this will enable the state to enhance its competitiveness and move up the value chain, thereby creating more skilled jobs and bringing higher income to local residents.”
The analyst also said that Penang has developed a mature manufacturing base, making the region a perfect location for vertical integration in global value chains.
“By vertically integrating all stages of production, from design to manufacturing to transportation, Penang can reap more value from the entire value chain and make greater contributions to the global value chain.”
He added that this also means that Penang can play a more important role in various technology and industrial value chains and attract more investment from multinational technology companies.
In fact, the analyst pointed out that in recent years, Penang has absorbed...

As we count down to the highly anticipated 2024 Berkshire Hathaway Annual Shareholders Meeting on May 4, the global investment community stands at attention. Ahead of this, we're launching a three-day quiz series to test your knowledge of Buffett's legendary investment strategies.📜Let's see how well you know the "Oracle of Omaha."
🚀 Embark on a journey through Buffett's investment wisdom with our first quiz! Are you ready to showcase ...