(Kuching, 28th) Sarawak has decided to independently adjust electricity tariffs by offering more competitive rates, a move seen as a strategy to attract new investments to the state.
Premier of Sarawak, Datuk Patinggi Tan Sri Abang Johari highlighted that Sarawak’s advantage lies in its abundant energy resources, allowing the state government to set electricity rates lower than other regional competitors.
"Therefore, our strength is in energy. We focus on developing the economy by controlling energy prices, especially electricity tariffs. We determine electricity costs so that when the cost is lower than our competitors, it will attract investments to Sarawak."
He made these remarks in his speech at the 2025 Sarawak Bumiputera Entrepreneur Awards (AUBS) ceremony last night.
He said Sarawak’s strength lies in having numerous rivers, all of which are managed solely by the state, unlike rivers in other regions such as the Nile and Mekong rivers that need to be shared by multiple countries.
He stated that this directly gives Sarawak an advantage, especially in the production of hydrogen for local use. Surplus energy can even be exported abroad to further boost economic development.
Abang Johari further explained that investments pouring into Sarawak would bring more high-paying job opportunities, but this requires the younger generation to actively participate in the state government’s efforts to cultivate a skilled workforce.
"Once investments materialize, they will create high-paying job opportunities. Therefore, we focus on developing talent in energy-related fields such as natural gas, petrochemicals, and the semiconductor industry."
Premier of Sarawak, Datuk Patinggi Tan Sri Abang Johari highlighted that Sarawak’s advantage lies in its abundant energy resources, allowing the state government to set electricity rates lower than other regional competitors.
"Therefore, our strength is in energy. We focus on developing the economy by controlling energy prices, especially electricity tariffs. We determine electricity costs so that when the cost is lower than our competitors, it will attract investments to Sarawak."
He made these remarks in his speech at the 2025 Sarawak Bumiputera Entrepreneur Awards (AUBS) ceremony last night.
He said Sarawak’s strength lies in having numerous rivers, all of which are managed solely by the state, unlike rivers in other regions such as the Nile and Mekong rivers that need to be shared by multiple countries.
He stated that this directly gives Sarawak an advantage, especially in the production of hydrogen for local use. Surplus energy can even be exported abroad to further boost economic development.
Abang Johari further explained that investments pouring into Sarawak would bring more high-paying job opportunities, but this requires the younger generation to actively participate in the state government’s efforts to cultivate a skilled workforce.
"Once investments materialize, they will create high-paying job opportunities. Therefore, we focus on developing talent in energy-related fields such as natural gas, petrochemicals, and the semiconductor industry."