KUALA LUMPUR: Standard Chartered, InvestSarawak and the British Malaysian Chamber of Commerce (BMCC) have brought together government and industry leaders to explore financing and investment opportunities for Sarawak's industrial transition.
The half-day forum, held in Kuching, attracted more than 100 business leaders, government officials and industry stakeholders.
In a joint statement, the organisers said discussions focused on turning Sarawak's industrial development plans into commercially viable projects capable of attracting investment.
Key areas included sustainable and transition finance, trade financing, working capital, technology-driven decarbonisation and greater participation by local businesses.
Sarawak Premier Tan Sri Abang Johari Tun Openg delivered the keynote address and participated in a fireside discussion on the state's industrial transition agenda.
Standard Chartered Malaysia interim chief executive officer, head of coverage and chief financial officer Mushahid Syed said financial institutions had an important role in mobilising capital and connecting Sarawak businesses with international investors.
"The next step is translating that ambition into bankable projects that can attract capital and scale," he said.
InvestSarawak chief executive officer Timothy Ong said the state's energy resources, development agenda and growing industrial capabilities provided a foundation for attracting investment.
He said InvestSarawak, through TIC Sarawak, aimed to strengthen the state's investment readiness and connect international capital with viable projects.
Meanwhile, BMCC executive director Farhan Zamri said Sarawak's industrial transformation presented opportunities for British and international businesses, particularly in technology, expertise and investment.
He said the chamber would continue facilitating partnerships between Sarawak businesses and international investors to support the state's economic development.
