Sarawak to receive US$1 billion investment for downstream petrochemicals in Bintulu
Sarawak is set to receive an estimated US$1 billion investment from Indorama Ventures together with two Japanese companies, Sakura and HighChem, to develop gas-based downstream products in Bintulu. Premier Abang Johari Tun Openg said the matter was discussed during his official visit to Thailand for GASTECH 2026, with detailed talks to follow with Sarawak Petchem.