# International investment and aerospace interest in Sarawak > Developing situation record from CLSTR: https://clstr.news/situations/international-investment-and-aerospace-interest-in-sarawak > Updated: 2026-11-07T05:17:04.000Z. Sources: 3. Developments: 2. Sarawak has drawn significant interest from international entities regarding aerospace, technology, and infrastructure development. Russia, through its ambassador to Malaysia, has proposed a partnership to develop a rocket launch facility and expand the regional aerospace industry. This proposal includes satellite manufacturing, infrastructure construction, and educational collaborations between local institutions and the Moscow Aviation Institute. Beyond Russian aerospace interests, Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg reported that sovereign wealth funds from Canada and China are exploring investment opportunities in the state. Interest has also been noted from SoftBank Group. The Premier highlighted Sarawak’s geographic advantages, such as its proximity to the equator, as key factors for satellite and rocket launch collaborations. ## Timeline ### 2026-11-07: Sarawak attracts interest from sovereign wealth funds and Russia Sarawak is attracting interest from Canadian and Chinese sovereign wealth funds, SoftBank, and Russia for potential rocket launch cooperation, while the state evaluates a new 200-km road proposal. 3 sources. https://clstr.news/cluster/sarawak-attracts-interest-from-sovereign-wealth-funds-and-russia ### 2026-10-27: Russia proposes aerospace and satellite cooperation with Sarawak Russia has proposed a partnership with Sarawak to develop rocket launch facilities, satellite production, and aerospace expertise, alongside cooperation in energy and agriculture. 2 sources. https://clstr.news/cluster/russia-proposes-aerospace-and-satellite-cooperation-with-sarawak --- Cite as: International investment and aerospace interest in Sarawak. CLSTR, https://clstr.news/situations/international-investment-and-aerospace-interest-in-sarawak