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Pahang's PET30 to drive economic transformation across state
Pahang's PET30 to drive economic transformation across state

New Straits Times

time20 hours ago

  • Business
  • New Straits Times

Pahang's PET30 to drive economic transformation across state

BENTONG: The Pahang Economic Transformation 2025-2030 (PET30) is a strategic initiative aimed at reshaping the economic landscape of the east coast state into a more sustainable, inclusive and people-centric model. PET30 is built upon three main pillars namely the well-being of the people, environmental responsibility and economic growth driven by the private sector. Menteri Besar Datuk Seri Wan Rosdy Wan Ismail described it not merely as a development plan, but as a comprehensive transformation exercise based on the state's resource strengths, current global market realities and the aspirations of its people. "PET30 will focus on strengthening the agro-food and plantation industries, advancing materials development, promoting nature-based tourism, enhancing human capital and workforce quality, and driving regional transformation and district empowerment. "Conserving forests and biodiversity will serve as the foundation of the green economy. "The green economy is a strategic asset, not only from the perspective of ecological sustainability but also as a new engine of growth, including carbon investment and the climate economy," he said in a statement today. Wan Rosdy earlier attended the PET30 master plan workshop led by Pahang Economic Advisory Council chairman Tan Sri Mohamed Nazir Abdul Razak at Genting Highlands near here today. Meanwhile, Wan Rosdy emphasised that strategic infrastructure projects, such as the Malaysia-China Kuantan Industrial Park, East Coast Rail Link, Kuantan Port, Pekan Automotive Park, Central Spine Road, and Gebeng, would be fully leveraged as catalysts for investments. He said PET30 could not rely solely on policy documents but must be translated into concrete actions, supported by strict monitoring, key performance indicators, and cross-agency collaboration. "I call upon all parties to treat the years 2025 to 2030 as an era of execution, not just planning. We must step out of our comfort zones and act swiftly to steer Pahang toward a more prosperous future. "I am confident that PET30 will build a more prosperous, sustainable, and united future for the benefit of all the people in Pahang and future generations," he said.

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