KUCHING: BidMyAsset officially launched BidMyAsset Borneo at The Waterfront Hotel, Kuching, bringing its industrial asset disposal platform to East Malaysia for the first time. Sarawak energy and environmental sustainability deputy minister Datuk Hazland Hipni officiated the launch. Under the Post Covid-19 Development Strategy 2030, the state is targeting RM282bil in gross domestic product by 2030.
“Sarawak is building its position as one of Southeast Asia’s key oil and gas and energy hubs and we see BidMyAsset Borneo playing an important role in supporting that growth. Our focus is to build the region’s trusted hub for industrial asset recovery, providing oil and gas operators with an end-to-end platform for valuation, disposal, logistics, secure transactions and redeployment. By connecting Sarawak’s energy sector with buyers across the region, we can help companies recover greater value from their assets, improve capital efficiency and keep productive equipment circulating within the industry,” said BidMyAsset Borneo Sdn Bhd director Amirul Annuar.
The Sarawak Sustainability Blueprint 2030 emphasises the circular economy to maximise resource productivity and minimise industrial waste. BidMyAsset Borneo aligns with this strategy, supporting Sarawak’s ESG commitments by recovering and redeploying industrial assets, reducing manufacturing demand, lowering carbon footprints and helping businesses meet sustainability targets under Bursa Malaysia’s reporting framework.
"Under PCDS 2030 and our Sustainability Blueprint, the optimisation of assets and the building of a circular economy are strategic priorities, not aspirations. Capital that sits idle is capital that is not contributing to this state's growth. When businesses build the platforms and partnerships that support how Sarawak's industries grow and transition, they are contributing to something larger than their own commercial interest. They are helping to build the ecosystem that will carry this state forward," said Hazland.
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