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Sumitomo eyes enhanced participation in S’wak’s green projects

SINGAPORE: Sumitomo Corporation (Sumitomo) has expressed its interest to have greater involvement in Sarawak’s green projects.

Among the projects are biomass bamboo, renewal energy, carbon capture, utilisation and storage (CCUS), green metals, chemical and derivates.

Deputy Premier Datuk Amar Awang Tengah Ali Hasan welcomes Sumitomo to explore and invest in the bamboo plantation project.

He also invited Sumitomo to look into the new economic sectors including the green and digital economy.

Earlier today, Awang Tengah, who is also Minister of International Trade, Industry and Investment, met with Sumitomo Corporation Asia and Oceania Group chief executive officer (CEO) Keigo Shiomi to discuss more collaboration opportunities.  

Sumitomo has several collaborations in Sarawak and is currently developing a hydrogen related production project in Bintulu.

Meanwhile, also in attendance during the meeting were Sarawak Timber Industry Development Corporation (STIDC) general manager Zainal Abidin Abdullah, STIDC advisor Datuk Hashim Bojet, InvestSarawak CEO Timothy Ong, and PUSAKA Capital Sdn Bhd CEO Mohamad Nor Topek Julaihi.