KUCHING, July 23: Sarawakians can expect at least twice as much of their income by 2030 and more equitable distribution of wealth with the successful implementation of the Post Covid-19 Development Strategy (PCDS) 2030.
Sarawak Housing and Real Estate Developers’ Association (Sheda) Kuching branch chairman Dato Sim Kiang Chiok in stating this, viewed PCDS 2030 as an ambitious yet economic outline for the State’s recovery from Covid-19.
He said the Sarawak government, through PCDS 2030, is focusing on Sarawak’s strength which is the abundant natural resources and land areas while strengthening its human capital development, infrastructure, utilities and digital technology.
“My opinion on PCDS 2030 as announced by our Chief Minister on Sarawak Day, is that it’s an economic plan for recovery from the pandemic while keeping to our original development plan of becoming a developed state by 2030.
“This PCDS is ambitious as it plans to double the size of the Sarawak economy from RM136 billion in 2019 to RM282 billion in 2030, and has committed RM63 billion to project implementation.
“The six economic sectors (identified) as the main engines of growth show that our State government are emphasing on our strength of large abundance of land area, natural resources and support our weak points such as human capital development while enhancing its infrastructure, utilities and digital technology,” he said in a statement today.
Meanwhile, Sim noted short-term assistance must be extended to the private sector to reduce their compliance cost and assist them in raising capital to invest or reinvest in PCDS 2030’s six key economic sectors namely manufacturing, commercial agriculture, tourism, forestry, mining and social services.
Understanding that the Sarawak government is in the process of finalising the stimulus packages for small and medium enterprises(SMEs), he hoped that additional subsidies can be extended to Sarawak companies in compliment to the federal government’s wage subsidies programme.
He also urged for the government’s help to ease recruitment of foreign workers into Sarawak, assist in recapitalising companies affected due to lockdowns, and continue to give cash incentives, reduce utility charges, assessment rates and provide subsidy on interest on bank loan moratoriums.— Dayakdaily
