KUCHING, April 13 (Bernama)-- Sarawak's capital investments surged to RM11.8 billion last year from RM8.4 billion in 2014 and RM6.8 billion in 2013, Deputy International Trade and Industry Minister Datuk Ahmad Maslan said.

He said the Malaysian Investment Development Authority projected the state's capital investments this year's to surpass last year's figure.

"I hope Sarawak will attract more high-technology (projects) with high-impact investments," he told reporters after visiting a microchip manufacturing factory X-Fab (Sarawak) Sdn Bhd here today.

Ahmad said 22 projects were approved for Sarawak last year, creating 1,977 jobs.

He attributed the rise in capital investments in Sarawak to political stability, ample manpower and good investment opportunities.

-- BERNAMA