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Innovation

Innovation across Sarawak’s key economic sectors will enhance productivity, develop new solutions and products for domestic and export markets

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investsarawak-innovation-1.webp

Catalysing Economic Growth Through Innovation in Sarawak

Innovation is key towards driving Sarawak’s economic growth and prosperity. Hence, innovation across Sarawak’s key economic sectors will enhance productivity, develop new solutions and products for domestic and export markets. Leveraging on Sarawak’s natural resources, innovation will focus on developing R&D capabilities and commercial applications aligned to biotechnology, digital applications and renewable energy. Innovation ecosystem development such as Bio-industrial Park, Digital Testbed and Living Labs, Bio-Hub Port and Venture Capital Funds will attract more private sector to invest in R&D in Sarawak.

Key Outcomes

Increase R&D expenditure as % of GDP (GERD)

Double the number of patents filed and approved

3000 full-time equivalent (FTE) researchers in R&D per million people in Sarawak

1000 high-technology startups and proof of concept (POC) projects successfully launched via innovation hubs and commercialised

Key Outcomes

Increase R&D expenditure as % of GDP (GERD)

Double the number of patents filed and approved

3000 full-time equivalent (FTE) researchers in R&D per million people in Sarawak

1000 high- technology startups and proof of concept (POC) projects successfully launched via innovation hubs and commercialised

Key Outcomes

01

Maintain at least 60% Renewable Energy (RE) Capacity Mix by 2030

01

600,000 tons Annual Reduction to CO2 emissions via electrification of mobility fleet in Sarawak

01

Achieve 15% income from foreign markets outside of Sarawak through RE sector

Strategy

Deepening research and development in specific sectors by focusing on demand-oriented innovation clusters

Developing a Sarawak Innovation Ecosystem

Strategy

Public-private collaboration towards expanding Renewable Energy generation and promoting export

600,000 tons Annual Reduction to CO2 emissions via electrification of mobility fleet in Sarawak

Catalytic Initiatives

01

Biotechnology Innovation Cluster

  • Sarawak Bio Industrial Park

02

Digital R&D Innovation Cluster

  • Digital Test-bed & Living Labs

03

Renewable Energy Innovation Cluster

  • Bio Hub Port

04

Venture Capital Fund

  • Venture Capital Fund operationalisation

05

Sarawak Digital & Innovation Ecosystem

  • Start-up ecosystem development
  • Start-up growth development
  • STEM & Digital up skilling
  • Digital Innovation Hub & Digital Village

04​

Net Energy Metering (NEM)

  • Introduce Renewable Energy Supply Act
  • Incentivise first 500 domestic customers with solar photovoltaics installation
  • Public - Participation of government buildings in the Net Metering programs

05​

Promote Electric Vehicles (EV)

  • 100MW renewable energy generation capacity
  • 3 in 1 multi-fuel charging stations hydrogen, electric and conventional fuel
  • Attract and establish EV value chain

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