KUCHING, Feb 27: Clear and transparent policies are crucial for bolstering investor confidence and attracting increased investments in the renewable energy (RE) sector.
Chief Executive Officer of Invest Sarawak, Timothy Ong emphasized the importance of transparency in driving sectoral development.
“When you start not being transparent about things, investors will know it and our credibility will be compromised,” he said.
Timothy added Sarawak is notable in its endeavours to bring in major investors to invest in its myriad of green projects.
“I think Sarawak is doing very well in opening themselves up and being very transparent about the process and, along the way, stringing investors through its various projects,” he noted.
With enough investments, he said Sarawak can become the energy exporter it aspires to be. -TVS
