Sign up | Log in



Home  >>   Daily News  >>   Brunei News  >> Investment  >> Sarawak investment drive could have spillover effect for Brunei
NEWS UPDATES Asean Affairs   18 June 2013  

Sarawak investment drive could have spillover effect for Brunei


MALAYSIA'S largest state of Sarawak and Brunei's neighbour has been in the spotlight of Qatari investors during the June 12 launch of Inside Investor's Inside Sarawak 2013 report, a business publication that gives an overview on the various investment opportunities in the state, namely in energy, infrastructure, industrial manufacturing, as well as halal production and research.

In his keynote speech at the launch, the state's chief minister Abdul Taib Mahmud emphasised on his intent in extending business relationships built with Qatar.

Most notably, the Chief Minister singled out Masraf Al Rayan, one of the largest Islamic investment companies in Qatar, to consider Sarawak's investment opportunities, namely in the Sarawak Corridor of Renewable Energy (SCORE), which includes growth nodes of hydropower assets, heavy industries and agriculture. He also held talks with Remy Rowhani, director general of the Qatar Chamber of Commerce and Industry, on investment facilitation with Qatari businesses.

"Although our relationship with the Middle East has been quite a long one, now is the time to intensify that relationship because I understand from many foreign investors that they are looking forward to a more intensified relationship with Southeast Asia," Taib said at the launch.

The chief minister revealed that that a deal was developing between Sarawak and Qatar as both sides had identified the areas which could heighten their economic relations, and this deal would definitely bring in a "substantial amount of investment" from Qatar, without elaborating further.

Sarawak, he added, is a "logical choice for the simple reason that Southeast Asia has been emerging and was becoming more attractive with business opportunities". Sarawak itself had managed to come out resilient after it survived the global financial crisis.

Sarawak's leader also made sure to point out his state's gleaming achievements over the past year, which included a steady rise in foreign invest inflow, a rapid development in the infrastructure sector and a growing industrialisation throughout the business nodes in the country.

Taib also pointed at the investment opportunities in research-based growth nodes such as Tanjung Manis Halal Hub, which is meant to become a centre for halal production and development for entire Southeast Asia.

A presentation on the breakthroughs being made in halal science by Professor Dr Winai Dahlan, founder and director of the Halal Science Institute of Bangkok's Chulalongkorn University, also signalled some future collaboration. Qatari investors who are interested in halal business ranging from food production, research and services have been invited by the chief minister to take the opportunity provided by the state. Large-scale investments by Qatar in Sarawak could as well have spillover effects for Brunei, which is also on the search for cooperation partners in various sectors.

Brunei's neighbour, Sarawak, has plenty of investment opportunities that reach from energy generation to halal science and is conveniently located in the very centre of Southeast Asia. What would be the sector Qatari investors should focus on so that Brunei would benefit? Let us know through Twitter @insideinvestor using hashtag #bruneitimes. The Brunei Times

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    18 June 2013 Subsribe Now !
• Indonesian govt to review alloy steel import policy Subcribe: Asean Affairs Global Magazine
• Proton makes makes Saga SV cheaper to win bigger market share Asean Affairs Premium
• Sarawak investment drive could have spillover effect for Brunei
• 2,000 tons of rice exporting via Muse every day
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Siam Makro and TRUE Corporation to enter the FTSE SET Large Cap Index after the June semi-annual review
• Singapore's NODX down 4.6% on-year in May
• Big caps suffer trillions of rupiah in losses amid market crash
• By the Numbers: Vietnam and the Philippines strengthen Air and Sea Capabilities
Asean Analysis            18 June 2013 Advertise Your Brand
• Asean Analysis- June 18, 2013
• Asean Weekly: The Biweekly Update
Asean Stock Watch     17 June 2013
• Asean Stock Watch-June 17, 2013  

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand