OCBC Bank (Malaysia) Bhd has signed a Memorandum of Collaboration with Invest Sarawak Sdn Bhd to support Sarawak's long-term sustainable strategic initiatives. The collaboration, announced during the Asia Pacific Green Hydrogen Conference and Exhibition 2024 in Kuching, includes a funding allocation of up to RM5 billion by OCBC Group. This funding will be utilized for infrastructure development, renewable energy projects, and technological advancements in Sarawak. OCBC Malaysia aims to stimulate economic development, attract investments, and drive sustainability in the state through this partnership. The bank plans to offer financial support to state agencies, conglomerates, corporates, small and medium enterprises, and foreign investors to promote economic growth. Invest Sarawak CEO expressed dedication to attracting investments and nurturing trade and talent development in line with Sarawak's vision for a dynamic, innovative, and sustainable society. The collaboration between OCBC Malaysia and Sarawak, witnessed by Sarawak Premier Abang Johari Tun Openg, signifies a commitment towards economic development, sustainability, and environmental preservation.