Posted on July 8, 2012, Sunday
KUCHING: Sarawak has within the last two to three years attracted more than RM40 billion in investments from several national and international companies, which augurs well for its economic growth.
Chief Minister Pehin Sri Abdul Taib Mahmud said this was due to the state government embarking on heavy industries using the state’s ample hydro-electric power instead of merely dependent on activities based on agriculture, timber, petroleum and gas.
Taib said this in his welcoming speech at a state dinner in honour of Czech Republic president, His Excellency Vaclav Klaus and wife Livia Klausova at the Banquet Hall of the State Legislative Assembly Building, Petra Jaya on Friday night.
