Sarawak offers stable, long-term investment climate with roadmap to 2035, says Premier
KUCHING (May 3): Sarawak has a consistent development policy framework that offers strong long-term investment and growth prospects, underpinned by political stability and a rational populace, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg.
He said the Sarawak government had outlined a clear development roadmap up to 2030, and is now planning for the next phase through to 2035.
He stressed that such long-term planning is crucial for investors to assess the risks, returns and sustainability of their investments.
'What I want to emphasise is that Sarawak is a region with enormous potential for future growth. That is the first point. Secondly, we enjoy political stability, and the people of Sarawak are rational.
'Thirdly, there must be a well defined roadmap. Policies must remain consistent regardless of who holds the office of Premier. They must always be forward-looking.
'We have already laid the groundwork up to 2030 and are now planning for 2035. With this kind of environment, investors are in a good position to make informed evaluations,' he told the Fireside Chat Session held in conjunction with his working visit to London yesterday.
Abang Johari said investors naturally seek countries that are peaceful and secure and Sarawak offers such an environment conducive to investment.
'These are qualities that Sarawak possesses, and they are truly impressive. Among the 56 Commonwealth nations, not all uphold the rule of law as we do.
'Security is another vital consideration. While many countries have these characteristics, there is also growing recognition of the exceptional opportunities that Sarawak has to offer,' he said in a report shared on the Sarawak Public Communication Unit (Ukas) Facebook page.
Also present were Deputy Premiers Datuk Amar Awang Tengah Ali Hasan and Datuk Amar Dr Sim Kui Hian, State Secretary Datuk Amar Mohamad Abu Bakar Marzuki, Deputy Minister in the Premier's Department (Law, MA63 and Federal-State Relations) Datuk Sharifah Hasidah Sayeed Aman Ghazali, Deputy Minister of International Trade, Industry and Investment Datuk Dr Malcolm Mussen Lamoh, State Attorney General Dato Sri Saferi Ali, Sarawak Financial Secretary Dato Sri Dr Wan Lizozman Wan Omar, and Deputy State Secretary (Economic Planning and Development) Dato Sri Dr Muhammad Abdullah Zaidel. Abang Johari Tun Openg development foreign investors roadmap
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