Fadillah: Sarawak now leading investment destination
KUCHING (July 13): Sarawak has emerged as a leading destination for both domestic and international investment, driven by visionary state leadership, investor-friendly policies, and strong political stability, said Datuk Seri Fadillah Yusof.
The Deputy Prime Minister said while representing Malaysia at the recent Osaka Expo 2025, he witnessed firsthand how Sarawak is drawing significant interest from international investors, including those from Japan, China and Europe.
'They view Sarawak as a rapidly developing state with a well-educated, high-quality and friendly population,' he said during the Petra Jaya-level Premier Arts and Cultural Night 2025 here on Saturday night.
The Petra Jaya MP, said admiration for the state's progress is growing not only among private sector stakeholders, but also political leaders from Singapore and Peninsular Malaysia who now look to Sarawak as a model of development.
Referring to investment-related policies such as the RM2 million deposit requirement for permanent residency and business establishment in the state, he said some had even asked him how they could 'become Sarawakians'.
Fadillah also highlighted the uniqueness of Sarawak's leadership, which has successfully introduced forward-thinking strategies in various sectors, including digital economy, renewable energy, hydrogen and ammonia production, as well as educational development.
'Other states have yet to introduce innovations like Sarawak Pay (S Pay Global) or provide free (tertiary) education for their children. We are already moving in that direction, guided by policies rooted in people's welfare and long-term progress.'
According to him, investors are not solely attracted to economic opportunities, but also value the distinct social fabric of Sarawak, particularly its unity across ethnicities and religions, and a high level of tolerance.
'All of this contributes to a stable investment climate, which has become Sarawak's competitive edge on the global stage. It is a strength we must continue to uphold,' he said. fadillah yusof foreign investment Sarawak investment stability
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