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Sarawak Energy Bhd (SEB) has the most to gain from the Sarawak Corridor of Renewable Energy (Score) as it has already signed memoranda of understanding (MoUs) valued at close to RM100bil, TA Securities said.
The development master plan for Sarawak is expected to benefit not only Sarawak Energy Bhd but also several companies already established there and those originating from the Land of the Hornbills.
International aluminium producer Rio Tinto Alcan and public-listed Cahya Mata Sarawak's proposed US$2bil world class aluminium smelter project at Similajau near Bintulu is set to play a significant role as a catalyst for regional development of the Sarawak Corridor of Renewable Energy (Score).