In an era where global capital increasingly flows toward jurisdictions that demonstrate unwavering commitment to environmental stewardship, social responsibility, and transparent governance, Sarawak has emerged not merely as a participant in the sustainable development conversation, but as a definitive leader shaping the future of green investment in Southeast Asia.
The landscape of Sarawak, occupying the northwestern edge of Borneo, has long been recognized for its extraordinary natural wealth, and today that very wealth its ancient rainforests, pristine river systems, abundant hydrological resources, and rich biodiversity form the cornerstone of a transformative economic vision that positions the state as the premier destination for forward-thinking investors and businesses seeking to align profitability with planetary responsibility.
By 2026, Sarawak is actively crafting a new identity, positioning itself as a regional beacon of the green economy, and this pivot, articulated through comprehensive strategies like the Post-COVID Development Strategy (PCDS) 2030, represents a profound shift in governance and economic ambition that translates directly into compelling advantages for those ready to invest and establish operations in this dynamic jurisdiction.
The state’s journey from an extractive frontier to a green hub is not simply an evolution but a sophisticated, deliberate transformation marked by measurable achievements in renewable energy deployment, forest conservation, carbon market innovation, and inclusive community development all of which converge to create an investment ecosystem where sustainability is not a constraint but a catalyst for growth, innovation, and long-term value creation.
To fully appreciate the magnitude of the opportunity Sarawak presents, one must first recognize the foundational strength of its commitment to the United Nations Sustainable Development Goals and Environmental, Social, and Governance principles, which have been systematically embedded into the state’s policy architecture, legislative framework, and economic planning.
Sarawak was the first state in Malaysia to enact the Environment (Reduction of Greenhouse Gas Emissions) Bill 2023, establishing a formal legal framework for carbon credit trading and the regulation of greenhouse gas emissions, a legislative first that signals to international investors the state’s seriousness about climate accountability and market-based environmental solutions.
This pioneering legislation is complemented by the Sarawak Energy Transition Policy, which targets a 60 percent renewable energy capacity mix by 2030 a target the state has already surpassed, with more than 70 percent of Sarawak’s electricity generation now coming from renewable sources, primarily hydropower.
This achievement is not merely a statistical milestone; it represents a fundamental decoupling of economic growth from carbon-intensive energy production, creating a stable, low-cost, and clean power supply that provides a decisive competitive advantage for energy-intensive industries, data centres, advanced manufacturing operations, and any business seeking to reduce its carbon footprint while maintaining operational excellence.
Premier Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari Bin Tun Datuk Abang Haji Openg has consistently framed this renewable energy leadership as the foundation for the “Asean Battery” vision, a strategic initiative that involves exporting green power to Sabah, Brunei, Singapore, and potentially Peninsular Malaysia, thereby positioning Sarawak as a critical node in the regional energy transition and creating new revenue streams and partnership opportunities for investors who align with this vision.
In his own words, the Premier has articulated the direct connection between Sarawak’s sustainability initiatives and investor advantage: “Sarawak offers fiscal credibility, energy reliability, policy clarity and a government prepared to make decisions under constraint for investors and businesses. Sarawak is moving from vision to delivery. And we invite those who value execution, certainty and long-term partnership to move forward with us.”
This statement encapsulates the value proposition Sarawak extends to the global investment community: a jurisdiction where ambitious sustainability goals are backed by concrete policy implementation, financial discipline, and a governance culture that prioritizes predictable, transparent, and efficient business environments.
The economic evidence supporting Sarawak’s position as the optimal choice for sustainable investment is both robust and compelling.
The state’s 2026 budget, themed “Empowering People, Advancing Prosperity, Building a Resilient Future,” reflects a disciplined fiscal approach with projected revenue of RM13.05 billion and total ordinary expenditure of RM12.91 billion, generating a surplus of RM144 million that enables continued strategic investment in high-impact development initiatives.
This fiscal prudence is not an abstract principle but a tangible advantage for investors, as it ensures macroeconomic stability, reduces sovereign risk, and provides the government with the capacity to co-invest in infrastructure, innovation, and human capital development that directly supports private sector growth.
Within this budget framework, RM6.1 billion representing 66 percent of the entire development allocation is directed toward rural development initiatives, including roads, utilities, and socio-economic projects, ensuring that the benefits of economic growth are distributed equitably and that rural communities become active participants in, rather than bystanders to, Sarawak’s green transformation.
This commitment to inclusive development is further reinforced by the state’s projected economic trajectory, with Gross Domestic Product expected to climb to an average growth rate of 4.6 percent from 2026 to 2030, outpacing many regional peers and demonstrating the resilience and dynamism of Sarawak’s diversified, sustainability-oriented economy.
The government’s target of achieving RM282 billion in GDP by 2030 is not merely aspirational but is underpinned by concrete investment commitments, including the recent announcement that strategic collaborations in the green economy sector are projected to bring investment potential worth US$7 billion, or approximately RM20 billion, over the next decade.
As Premier Datuk Patingg Tan Sri (Dr) Abang Haji Abdul Rahman Zohari confidently stated regarding these opportunities: “Today, seven MoUs were signed between various companies in the green economy sector. Over the next 10 years, it is projected to bring investment potential worth US$7 billion, or about RM20 billion. Such investments will create many new job opportunities, particularly high-skilled jobs, in line with our efforts to improve household income. With this investment, along with others that are ongoing or expected to come into Sarawak, I am confident we can achieve the target.”
This projection is not limited to a single sector but encompasses the full spectrum of Sarawak’s economic ambitions, from renewable energy and green hydrogen to advanced manufacturing, digital technology, sustainable agriculture, and eco-tourism, creating a diversified investment landscape where businesses across multiple industries can find tailored opportunities aligned with their strategic objectives.
Sarawak’s leadership in renewable energy deployment provides perhaps the most compelling evidence of its commitment to translating sustainability rhetoric into tangible investment advantages.
By 2026, Sarawak Energy Berhad has achieved a renewable energy mix exceeding 70 percent of its total installed capacity, a feat driven primarily by large-scale hydroelectric projects like Bakun, Murum, and the newly completed Baleh, which collectively provide reliable, baseload clean power at competitive rates.
This strategic move towards hydropower has been complemented by a forward-looking pivot to a hydrogen economy, with the Sarawak Hydrogen Economy Roadmap (SHER), launched in 2025, outlining an ambitious plan to utilize excess hydroelectric power for water electrolysis, aiming to produce approximately 240,000 tonnes of clean hydrogen per annum for export to markets like Japan and South Korea by 2028.
The state’s commitment to this path was further underscored in 2026 by technical workshops convened with the Economic Research Institute for ASEAN and East Asia (ERIA) to assess hydrogen demand and technology, signalling a serious, research-backed approach to building this new industry that de-risks investment for early movers.
This strategy aims to decouple economic growth from the carbon-intensive fossil fuel cycle, creating a virtuous cycle where clean energy enables green industrial development, which in turn generates demand for additional renewable capacity, attracting further investment and innovation.
For businesses considering establishing operations in Sarawak, this energy ecosystem offers multiple advantages: access to affordable, reliable clean power that reduces operational carbon footprints and energy costs; opportunities to participate in emerging value chains around green hydrogen, sustainable aviation fuel, and carbon capture technologies; and alignment with global supply chain requirements for low-carbon production that are increasingly becoming prerequisites for market access in Europe, North America, and other key export destinations.
The Premier’s vision for this integrated approach is clear: “Collaborating with governments and industries, we are expanding hydrogen, renewable energy, and carbon markets while strengthening regional energy security. Beyond collaborations with Japan, South Korea, China, and the UAE, we continue engaging global stakeholders to grow low-carbon industries, develop sustainable infrastructure, and drive innovation in clean energy solutions.”
This statement reflects Sarawak’s outward-looking, partnership-oriented approach to sustainable development, inviting international investors to co-create the technologies, business models, and market mechanisms that will define the green economy of tomorrow.
Beyond the energy sector, Sarawak’s achievements in forest conservation and sustainable land use provide additional layers of investment appeal for businesses committed to environmental integrity and responsible sourcing.
The state government proudly reports that Sarawak maintains approximately 7.65 million hectares of forest cover, accounting for 62 percent of its total landmass, a figure that contributes significantly to Malaysia’s overall forest cover and positions Sarawak as a critical guardian of one of the world’s most biodiverse ecosystems.
A significant milestone was reached in late 2024 when the state surpassed its “Greening Sarawak” campaign target of planting 35 million trees ahead of schedule, demonstrating the government’s capacity to mobilize resources and coordinate implementation across multiple stakeholders to achieve ambitious environmental objectives.
The government has also gazetted nearly four million hectares as Permanent Forest Estates (PFEs), with a target of reaching six million hectares by 2030, and has amended the Land Code and Forests Ordinance to enable carbon activities and Carbon Capture, Utilization, and Storage (CCUS) initiatives, creating a regulatory environment that incentivizes conservation while enabling innovative financing mechanisms for sustainable land management.
These policy innovations are supported by concrete achievements in certification and verification: by 2026, a cumulative 2.2 million hectares have been certified under the Malaysian Timber Certification Scheme (MTCS), which is endorsed by the Programme for the Endorsement of Forest Certification (PEFC), a globally recognized benchmark that assures international buyers of the sustainability and legality of Sarawak’s timber products.
Similarly, in the oil palm sector, over 850,000 hectares of oil palm in Sarawak, representing more than half of the total planted area, are certified under the RSPO or the Malaysian Sustainable Palm Oil (MSPO) scheme, providing assurance to global supply chains that Sarawak’s palm oil is produced responsibly and sustainably.
These certification achievements are not merely compliance exercises but represent genuine improvements in forest management practices, as evidenced by data from the Sarawak Forest Department indicating that the state’s deforestation rate has been drastically reduced, with annual forest loss dropping to approximately 18,000 hectares between 2018 and 2023, a reduction of over 87 percent compared to the peak rates of the 1990s and early 2000s.
For investors in agriculture, forestry, bio-based materials, and related sectors, these achievements translate into reduced reputational risk, enhanced market access, and opportunities to participate in value chains that command premium prices for verified sustainable products.
Sarawak’s approach to carbon markets and climate finance represents another frontier of opportunity for investors seeking to align capital with climate solutions while generating attractive returns.
The state has been finalizing its carbon levy framework with technical assistance from the World Bank, aiming to price carbon accurately and incentivize heavy industries in hubs like Bintulu to decarbonize.
This carbon pricing mechanism is designed not as a punitive measure but as a market signal that rewards innovation, efficiency, and low-carbon investment, creating a level playing field where businesses that reduce emissions gain competitive advantages through lower compliance costs and access to carbon revenue streams.
Parallel to this, the state-owned oil and gas company, Petroleum Sarawak Berhad (PETROS), has spearheaded the development of CCUS technologies, with a notable advancement occurring in early 2026 when PETROS entered a joint collaboration with HYCO1 and PJ Energy Services to advance commercially viable carbon utilization, converting captured CO₂ into high-value industrial products and reducing natural gas consumption by up to 50 percent.
The Kasawari Carbon Capture and Storage project, a flagship initiative involving the injection of millions of tonnes of CO₂ annually into depleted offshore gas fields, positions Sarawak as a leader in the regional CCUS market and creates opportunities for technology providers, engineering firms, and financial institutions to participate in this emerging sector.
Premier Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari has emphasized the strategic importance of these initiatives: “The Carbon Plan is pivotal to offer a detailed implementation framework designed to catalyse carbon trading and foster a vibrant carbon market.”
This framework is being developed with careful attention to social equity, as evidenced by the Sarawak Dayak Oil Palm Planters Association’s advocacy for a carbon trading mechanism that provides stable income for rural communities, particularly those with Native Customary Rights land, recognizing that approximately 1.7 million hectares of NCR land featuring significant forest cover have strong potential to contribute to environmental conservation while providing sustainable income for indigenous smallholders.
For impact investors, development finance institutions, and businesses seeking to integrate carbon considerations into their strategies, Sarawak’s emerging carbon market offers a rare combination of regulatory clarity, project pipeline visibility, and commitment to community benefits that de-risks investment while maximizing positive environmental and social outcomes.
The social dimension of Sarawak’s sustainability agenda further enhances its appeal to investors who recognize that long-term business success depends on inclusive growth, community engagement, and respect for human rights.
The state government has initiated the formal recognition of Native Customary Rights (NCR) land through perimeter surveys, a long-standing demand of indigenous communities, and by 2026, the Sarawak Land Custody and Development Authority (LCDA) had accelerated the survey of NCR areas, aiming to provide legal clarity and prevent overlapping land claims with timber or oil palm concessions.
This commitment to land tenure security is complemented by investments in rural infrastructure, education, and healthcare that ensure remote communities benefit from economic growth and are equipped to participate in emerging opportunities in the green economy.
The government’s commitment to providing stable 24-hour electricity to remote schools via hybrid solar systems a project that has already benefited over 3,000 students by early 2026 exemplifies this integrated approach to development that links environmental sustainability with social progress.
Furthermore, the state has engaged in consultations with indigenous communities and civil society organizations to develop guidelines for carbon projects that require the free, prior, and informed consent (FPIC) of affected landowners, and the Ministry of Energy and Environmental Sustainability has begun piloting community-based conservation programs that channel carbon revenues directly to longhouse communities engaged in forest protection.
These initiatives reflect a governance model that recognizes indigenous communities not as obstacles to development but as essential partners in conservation and sustainable resource management, creating opportunities for businesses to build authentic, long-term relationships with local stakeholders and to develop products and services that address community needs while generating commercial returns.
Premier Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari has consistently emphasized this people-cantered approach: “Sarawak demonstrates that economic growth and environmental responsibility can progress together. Our journey reflects how strong policies, community engagement, and global collaboration drive sustainability.”
This philosophy resonates with the growing cohort of investors who prioritize Environmental, Social, and Governance criteria in their allocation decisions, recognizing that businesses operating in jurisdictions with strong social safeguards and community engagement practices face lower operational risks, enjoy stronger social licenses to operate, and are better positioned to navigate the complex stakeholder landscapes that characterize sustainable development.
When comparing Sarawak’s progress to international benchmarks, the state’s unique combination of natural resource endowment, policy innovation, and implementation capacity becomes even more apparent.
While Norway offers a compelling comparison in terms of sovereign wealth management and reliance on hydropower, Sarawak’s challenge is uniquely “Bornean,” requiring it to lift its rural population out of poverty while protecting some of the oldest rainforests on Earth a dual mandate that demands innovative approaches to development that balance economic growth with ecological integrity.
Costa Rica’s success in decoupling GDP growth from resource consumption through ecotourism, payment for ecosystem services, and a commitment to renewable energy provides a pertinent role model for Sarawak’s long-term aspirations, and the state is actively adapting these lessons to its own context through initiatives like the Sarawak Sovereign Wealth Future Fund, which explicitly includes sustainability mandates in its investment criteria.
The real test for Sarawak and the opportunity for investors is whether this growth can be truly inclusive, and the state’s recent achievements suggest a positive trajectory: significant progress in providing digital connectivity to remote areas, investments in vocational training and higher education to build a skilled workforce for the green economy, and policy innovations that channel a portion of resource revenues into community development and environmental conservation.
The rural-urban divide remains a challenge, but the government’s commitment to addressing it through targeted investments in infrastructure, education, and healthcare creates opportunities for businesses that can develop scalable solutions for last-mile service delivery, affordable technology access, and community-based enterprise development.
As Premier Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari has noted regarding the state’s comprehensive approach: “We are opportunity-rich. Sarawak advances its Water Supply Master Plan and invests in large-scale infrastructure to ensure long-term sustainability while creating immediate opportunities for private sector participation.”
This statement captures the essence of Sarawak’s investment proposition: a jurisdiction where long-term sustainability planning creates near-term business opportunities across multiple sectors, from engineering and construction to technology and professional services.
The breadth of investment opportunities available in Sarawak extends far beyond the energy and natural resources sectors that have traditionally defined the state’s economy.
The Premier has explicitly welcomed investors across all sectors, emphasizing that Sarawak’s sustainability transition creates openings in electrical and electronics, advanced manufacturing, automation, precision engineering, digital technology, biotechnology, sustainable agriculture, eco-tourism, and creative industries.
This diversification strategy is supported by targeted incentives, streamlined approval processes through InvestSarawak, and the development of specialized industrial parks and innovation hubs that provide the infrastructure and ecosystem support businesses need to thrive.
The forthcoming Sarawak Investment Policy aims to provide clearer rules, faster approvals, and more predictable processes, directly addressing the execution risks and credibility gaps that can deter investment in emerging markets.
By 2030, investors should face fewer handoffs, clearer requirements, and greater certainty from entry to operation, creating a business environment that rewards long-term commitment and strategic partnership.
Premier Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari has articulated this comprehensive vision for investment across all sectors: “There are immense untapped potential and boundless opportunities in Sarawak, waiting to be explored and harnessed.
Let us collaborate to unlock this potential and create shared prosperity.”
This invitation extends to businesses of all sizes and from all sectors, recognizing that the transition to a sustainable economy requires diverse capabilities, innovative business models, and collaborative approaches that no single entity can provide alone.
The credibility of Sarawak’s sustainability commitments is further reinforced by international recognition and partnerships that validate the state’s approach and expand its access to global markets, capital, and expertise.
Premier Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari’s receipt of the UN Forward Faster Sustainability Visionary Award from the UN Global Compact Network Malaysia & Brunei recognizes his leadership in driving comprehensive and high-impact sustainable development initiatives at the state level, while the Sarawak Ministry of Energy and Environmental Sustainability’s Forward Faster Sustainability Nexus Award acknowledges the institutional capacity that underpins policy implementation.
These accolades are not merely symbolic but reflect substantive progress on measurable indicators: Sarawak has achieved 58 percent progress in localizing the SDGs, above the national average of 43 percent, demonstrating the state’s effectiveness in translating global frameworks into local action.
The state’s participation in international forums, from the ASEAN Sarawak Business and Economic Forum to technical workshops with ERIA and collaborations with the World Bank on carbon market development, ensures that Sarawak’s policies and practices are informed by global best practices while remaining grounded in local realities.
For investors, these international connections provide assurance that Sarawak’s sustainability credentials will withstand scrutiny from global supply chains, rating agencies, and impact measurement frameworks, reducing due diligence costs and enhancing the marketability of products and services produced in the state.
In conclusion, Sarawak’s transformation into a green economy leader represents one of the most compelling investment opportunities in Southeast Asia today, offering a unique combination of natural resource advantages, policy innovation, implementation capacity, and commitment to inclusive development that creates tangible value for businesses and investors.
The state’s achievements in renewable energy deployment, forest conservation, carbon market development, and community engagement are not abstract ideals but concrete foundations for economic growth that de-risk investment, enhance competitiveness, and open access to premium markets for sustainable products and services.
Premier Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari’s vision for Sarawak as a regional beacon of sustainable development is backed by measurable progress, fiscal discipline, and a governance culture that prioritizes execution and partnership, creating an environment where businesses can thrive while contributing to environmental and social goals.
As the Premier has confidently stated regarding the state’s comprehensive investment appeal: “Sarawak offers fiscal credibility, energy reliability, policy clarity and a government prepared to make decisions under constraint for investors and businesses.
Sarawak is moving from vision to delivery. And we invite those who value execution, certainty and long-term partnership to move forward with us.”
For investors and businesses seeking to align profitability with purpose, to access growing markets for sustainable products and services, and to build resilient operations in a jurisdiction committed to long-term value creation, Sarawak presents an unparalleled opportunity.
The time to act is now, as the state’s momentum in sustainable development accelerates, its investment framework matures, and its position as a green economy leader in Southeast Asia becomes increasingly undeniable.
By investing in Sarawak today, businesses and investors can secure first-mover advantages in emerging green industries, build authentic partnerships with communities and government, and position themselves at the forefront of the economic transformation that will define the 21st century.
Sarawak is not just ready for sustainable investment it is actively creating the conditions for sustainable investment to flourish, and those who recognize this opportunity and act decisively will reap the rewards of being part of one of the world’s most dynamic and purpose-driven economic transformations.
References
Abang Johari Openg. (2024). Post-COVID Development Strategy 2030: Sarawak’s path to a high-income and sustainable economy. Kuching: Sarawak Government Press.
Bernama. (2026, January 24). MADANI gov’t to ensure continuous electricity supply in rural Sarawak – Nanta. Bernama.
Bernama. (2025, August 31). S’wak continues to accelerate towards a developed state by 2030 – Premier. Bernama.
Bernama. (2025, October 8). Budget 2026: DOPPA advocates carbon trading for sustainable income in rural communities. Bernama.
Bernama. (2025, November 24). Sarawak Premier unveils RM12.9 billion Budget 2026 with focus on rural development and fiscal surplus. Bernama.
Ccarbon.info. (2026, January 23). HYCO1, PETROS and PJ Energy Services announce strategic collaboration to advance CO₂ utilization and low-carbon development in Malaysia. Ccarbon.info.
DayakDaily. (2025, November 20). Sarawak poised for stronger economic surge with 4.6% average GDP growth expected from 2026-2030. DayakDaily.
Economic Research Institute for ASEAN and East Asia (ERIA). (2025, December 16). ERIA convenes technical workshop on hydrogen demand and technology in Sarawak. ERIA.
Forest Department Sarawak. (2026). About Us – Official Website of Forest Department Sarawak. Retrieved from https://forestry.sarawak.gov.my/web/subpage/webpage_view/587
Global Forest Watch. (2024). Sarawak, Malaysia: Deforestation rates and statistics. Retrieved from https://www.globalforestwatch.org/dashboards/country/MYS/14/
Human Rights Watch. (2025, March 25). Regulate timber plantations to protect land rights. HRW.
Malay Mail. (2025, May 24). Sarawak eyes biofuel revenue from palm oil waste through legal reforms. Malay Mail.
Ministry of Energy and Environmental Sustainability Sarawak. (2025). Sarawak Sustainability Blueprint 2030. Kuching: Government of Sarawak.
PRNewswire. (2025, May 14). Premier of Sarawak officiates Hydrogen Economy Forum 2025, launches Sarawak Hydrogen Economy Roadmap. The Korea Herald.
Rakan Sarawak. (2026, April 1). Sarawak’s SDG and ESG Trajectory: Concrete data and legislative firsts anchor state’s sustainable development progress. Rakan Sarawak.
RimbaWatch. (2025). Forest plantation risk mapping in Sarawak. Petaling Jaya: RimbaWatch.
SAVE Rivers Network. (2024). Dam impacts and indigenous displacement in Sarawak: A community perspective. Kuching: SAVE Rivers.
Sarawak Energy Berhad. (2023). Annual and Sustainability Report 2023: Powering Sarawak’s Green Growth. Retrieved from https://www.sarawakenergy.com/assets/pdf/INTERACTIVE-PDF-Sarawak-Energy-ASR2023.pdf
Sarawak Public Communications Unit (UKAS). (2026, March 18). Strong, greener economy in 2026 and beyond. UKAS.
Sarawak Public Communications Unit (UKAS). (2026, March 23). Sarawak’s commitment to low-carbon future: More than 70 per cent of electricity generation from renewable sources. UKAS.
Sarawak Tribune. (2025, February 10). Premier seeks investors for sustainable industries. Sarawak Tribune.
Sarawak Tribune. (2025, June 20). Sarawak developing statewide sustainability roadmaps to implement UN’s Sustainable Development Goals. The Star.
Sarawak Tribune. (2025, December 11). USD7 Billion Green-economy Investments Expected Over Coming Decade. Sarawak Tribune.
Shin, Y. (2024). Beyond criticism: The socio-political evolution of forest management in Sarawak, Malaysia. CiNii Research.
Swinburne University of Technology Sarawak. (2025). Sarawak Leads Malaysia’s Green Revolution: A Policy Analysis. Retrieved from https://www.swinburne.edu.my/campus-beyond/sarawak-leads-malaysias-green-revolution/
The Borneo Post. (2025, December 11). Sarawak poised for US$7 bln green economy boost over next decade. The Borneo Post.
The Borneo Post. (2026, February 12). Sarawak offers fiscal credibility and policy clarity to investors, says Premier. The Borneo Post.
The Edge Malaysia. (2026, January 13). Abang Johari: Sarawak to introduce carbon levy on oil, gas and energy sectors in 2026. The Edge Malaysia.
The Malaysian Investment Development Authority (MIDA). (2025, February 17). Deputy Premier: Sarawak secures RM116 bln in investments from 2020 to Sept 2024. MIDA.
