UOB Malaysia to facilitate FDI into Sarawak

KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) is set to facilitate more foreign direct investments (FDI) into Sarawak as international companies look for opportunities in the state’s high-value sectors.

The bank expects more multinational corporates, especially those from the manufacturing, trade, technology, food and agriculture industries, to invest in Sarawak’s renewable energy, digital technology, ecotourism and agrotechnology sectors, it said in a statement.