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By Adrian Lim
KUCHING, June 25: The Sarawak government has outlined five key levers to enable the state to achieve high income and advanced state status by 2030.
The five key levers are regulatory framework and policies, inter-agency alignment, data and innovation, infrastructure and connectivity and skill and entrepreneurship.
Chief Minister Datuk Patinggi Abang Johari Tun Openg expressed belief these levers are important to create a firm foundation for the state economy to grow steadily and sustainably.
“We need to make sure that our policies and regulations are well-designed to achieve our targets and outcomes.
“We need to increase Sarawak’s attractiveness for foreign direct investment (FDI) and private entrepreneurship. Investment is crucial to propel growth.
“In addition to policy setting, we must ensure proper and speedy execution.
“Alignment between the various ministries and agencies are extremely important,” he said in his speech when chairing the first Sarawak Economic Action Council (SEAC) meeting at Wisma Bapa Malaysia here today.
Abang Johari revealed that innovation in Sarawak’s economy will continue through using data to increase productivity, develop high value products and improve safety and environmental conservation.
He highlighted that there are necessary levers being put in place to ensure all economic sectors will function effectively.
Among those attending the SEAC meeting were Deputy Chief Ministers Datuk Amar Douglas Uggah Embas, Tan Sri Dr James Jemut Masing, and Datuk Amar Awang Tengah Ali Hasan, state cabinet ministers, State Secretary Datuk Amar Jaul Samion and SEAC members. — DayakDaily