The Sarawak Government envisions that by 2030, Sarawak will be a thriving society driven by data and innovation where everyone enjoys economic prosperity, social inclusivity and sustainable environment.
In terms of economic prosperity, the aim is to double the size of Sarawak’s economy from RM136 billion in 2019 to RM282 billion in 2030. To achieve this target, Sarawak economy needs to grow on average 8.0% per annum until 2030. The Sarawak Government is now undertaking massive infrastructure development to facilitate economic and investment activities, using creative financial modelling through revenue reengineering and alternative funding methods to ensure healthy fiscal position.
Read the full Post Covid-19 Development Strategy published here or download the PDF here.