Cheap energy makes Sabah, Sarawak favourable: investor

The abundance of cheap energy as well as the availability of land and improved infrastructure have made Sabah and Sarawak favourable for investment.

Global defence, aerospace and security company, BAE Systems' Vice President for Malaysia and Indonesia, Mark Burgess said all these factors have created an industrial ecosystem which was drawing foreign companies to seek investment and education opportunities in this part of the country.

"East Malaysia is very dynamic and ambitious and we can allow ourselves to think in the same way.

"We have high aspirations for this east Malaysian market because we can use this market to work with the rest of the region," he said.

Burgess is currently on a three-day visit to Sabah, Sarawak and Labuan to explore industrial and education opportunities the company could venture into.

According to Burgess, among the company's focus in this part of Malaysia will be to work on empowering small and medium enterprises with the technology and know-how that BAE Systems could offer.

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