Page 340 - The Guide To Sarawak

338 SARAWAK MEANS BUSINESS
Sarawak Corridor of Renewable Energy (SCORE)
Introduction
The Sarawak Corridor
of Renewable Energy (SCORE) is one of five regional development corridors being
promoted throughout the country as part of the Government’s strategy
to achieve balanced economic growth. SCORE offers vast investment opportunities in heavy and energy intensive industries, power sector development, halal industries, sustainable agriculture and research and development
(R&D). At the same
time, SCORE will create employment and business opportunities throughout the State as a result of its spill-over impacts.
Location
SCORE is located within the Central Region of Sarawak, covering an area of 70,708 sq. km (57 % of Sarawak’s land area) with a population of 896,489 people (36 % of the State population). SCORE
aims to drive economic growth by developing new industrial activities and expanding existing industrial activities in areas where the Central Region has a comparative advantage.
Former Prime Minister Tun Abdullah Ahmad Badawi (3rd left) and the former Chief Minister (now Governor) of Sarawak (centre) jointly launch the Sarawak Corridor of Renewable Energy (SCORE) in February 2008, accompanied by Federal and State dignitaries.
Comparative Advantages of SCORE
The key comparative advantage of SCORE is its ability to provide large volumes of competitive- priced power, especially from the state’s vast hydropower potential. Sarawak has the potential to generate up to
28,000MW of power by 2030, of which 20,000MW can be derived from sustainable hydropower. The Central region
is also blessed with abundant fossil energy resources including coal (1.47 billion tonnes) and natural gas (40.9 trillion cubic feet). The main
This map of the SCORE corridor clearly illustrates the project’s vast area and enormous growth potential