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Abg Jo: Sarawak economy to get RM100 bln investments in next 5 years
KUCHING (Jan 13): Some RM100 billion will be injected into Sarawak’s economy over the next five years, said Datuk Patinggi Tan Sri Abang Johari Tun Openg.
The Premier said this investment will support two transformative projects, namely the construction of a new international airport and a deep seaport in Kuching.
“Both projects are aimed at positioning Sarawak as a rising economic powerhouse in the region” he said at the Majlis Amanat Perdana Premier Sarawak 2025 held at the Borneo Convention Centre Kuching here today.
Abang Johari said the proposed Tanjung Embang Deep Sea Port will be developed in partnership with Petroleum Sarawak Berhad (Petros) to serve as a strategic gateway for energy exports and imports.
“Aligned with the Sarawak Gas Roadmap, this port will facilitate green hydrogen bunkering, liquefied natural gas (LNG) exports, and other energy resources, driving Sarawak’s transition toward renewable energy,” he said.
The Premier said the port will feature state-of-the-art infrastructure and smart technologies to ensure operational excellence and sustainability.
He said the port, which is expected to be operational by 2030, will reinforce the state’s position as a regional leader in sustainable energy and trade.
Abang Johari said the ongoing acquisition of MASwings, now in its final stage, will also position Sarawak as a gateway to Asean.
“With increased fleet capacity and enhanced services, our goal is to boost both domestic and international connectivity, particularly within a four- to seven-hour flight radius, boosting trade, tourism, and investment in the next five years,” he added.
The Premier said his administration’s decision to invest in the dredging of Miri Port will facilitate the handling of larger cargo volumes.
He said the move is set to improve operational efficiency and enhance Miri Port’s role as a strategic port for international trade and regional connectivity.
Touching on the biggest state budget of RM15.8 billion tabled last year, Abang Johari said this allocation reflects the state’s commitment to driving transformative change and economic progress.
He said it is now critical for all agencies to remain focused and dedicated in ensuring the execution of programmes and projects is expedited and implemented efficiently.
He also called on all to align their efforts with the key priorities of the 13th Malaysia Plan (13MP), spanning the period of 2026 to 2030.
“Preparations for the 13MP are already underway, with extensive consultations across ministries, industries, and civil society to ensure an inclusive and comprehensive strategy.
“This process also involves reviewing the achievements of the 12MP, allowing us to build on our successes as we chart the course forward,” he said.
Abang Johari said the Sarawak Economic Action Council (SEAC), comprising members of the Cabinet, academicians, industry players, and government officials will also be called to discuss and finalise the strategies and way forward under the 13MP.
He said efforts under the 13MP will remain multifaceted towards achieving the high-impact outcomes outlined in the Post Covid-19 Development Strategy 2030.
“We recognise that challenges such as climate change, economic disparity, and global uncertainties still lie ahead.
“Hence, the 13MP emphasis will be on enhancing economic resilience through transformation and diversification, advancing digital transformation, fostering social inclusivity, and ensuring sustainability and equitability for all,” he added.
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