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Sarawak Establishes Cooperation with Hong Kong to Develop Semiconductor Industry

2026-09-16

Sarawak Establishes Cooperation with Hong Kong to Develop Semiconductor Industry

The Sarawak government is currently exploring strategic cooperation opportunities with Hong Kong to strengthen the investment sector in the state. The main focus of this collaboration is to advance the semiconductor and 'deep-tech' industries, which are growing rapidly on a global scale.

This step is taken as part of Sarawak's efforts to become a key player in the global technology supply chain. By leveraging expertise and business networks in Hong Kong, Sarawak hopes to attract more high-quality foreign investment into the state.

In addition to the semiconductor sector, this cooperation also includes the exchange of knowledge in the field of innovative technology. The government believes that international collaborations like this are essential to enhance the skills of the local workforce and create more job opportunities in technical fields.

This effort is seen as a proactive step to modernize Sarawak's economy in line with the Post-COVID-19 Development Strategy (PCDS) 2030. The state government is committed to ensuring that Sarawak remains competitive in the digital economy and future technologies.

Overall, this cooperation between Sarawak and Hong Kong is expected to bring a positive impact to the economic development of Malaysia in general. The authorities will continue to monitor the progress of these discussions to ensure they provide maximum benefits to the people and local industries.

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