Premier urges Federal govt to update legislation for new economy, including carbon trading

Abang Johari (seated centre) addressing a press conference at Centexs headquarters on June 7, 2023.

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By Karen Bong and Wilfred Pilo

KUCHING, June 7: The legislation at the Federal level needs to be updated to align with the changes brought about by the new economy, including carbon trading.

Premier of Sarawak Datuk Patinggi Tan Sri Abang Johari Tun Openg has raised this issue and discussed it with Prime Minister Datuk Seri Anwar Ibrahim, emphasising the necessity of updating the country’s legislation to include provisions for carbon trading, which has become a valuable commodity in international trade.

“It is essential to establish laws and regulations that operate within a comprehensive framework.

“Developing appropriate legislation is crucial to provide guidance and establish a framework for managing the new economy within the bounds of the law,” he told a press conference after launching the Green Energy Symposium and Exhibition Sarawak (GEES) at the Centre for Technology Excellence Sarawak (Centexs) headquarters today.

Emphasising that the Federal government must consider the evolving ecosystem, including Sarawak’s legislations, Abang Johari said he leaves the matter to the Federal government to address.

“The prime minister acknowledges that Sarawak is advanced. This also means that we are working closely with the Federal government to address this,” he added.

As Sarawak is a State, Abang Johari said it is the Federal government’s responsibility to undertake this task.

“In my speech at the Unity Government National Convention 2023 previously, I have emphasised the importance of Malaysia embracing the new economy and implementing economic reforms to enhance our competitiveness on the global stage,” he added.

Abang Johari mentioned that Sarawak possesses abundant resources and is actively engaging in partnerships with industry leaders and stakeholders to leverage these assets.

Energy, in particular, he pointed out, stands as one of Sarawak’s strengths and is pivotal in driving economic growth and other developmental initiatives.

Deputy Premier Dato Sri Dr Sim Kui Hian, Minister of Utiluty and Telecommunication Datuk Julaihi Narawi, Deputy Minister of Natural Resources and Urban Development, Datuk Len Talif Salleh, Deputy Minister of Talent Development Datuk Francis Harden Hollis, Deputy Minister of Telecommunication Datuk Liwan Lagang, Centexs chairman Tan Sri Mohamad Morshidi Abdul Ghani and Centexs chief executive officer Syeed Mohd Hussien were among those present. — DayakDaily