The fourth day of the 19th Sarawak State Legislative Assembly (DUN) sitting concluded smoothly today at 6.33 pm.
During the morning session, the Supplementary Supply (2024) Bill, 2024, was unanimously passed, allowing an additional expenditure of RM267,928,353.
Deputy Premier Datuk Amar Douglas Uggah Embas, also serving as the Second Finance and New Economy Minister, presented the Bill’s Second Supplementary Estimates of Ordinary Expenditure, 2023.
He clarified that the additional expenditure aimed to cover costs not adequately provided for in the 2023 Estimates.
Addressing the Committee of Supply’s discussion on the Second Supplementary Estimates of Development Expenditures, 2023, Uggah emphasised the need for additional provisions amounting to RM17,400,520. These funds were drawn from savings within relevant subheads and/or advances from Contingencies Advance.
In response to a question by Wilfred Yap (GPS-Kota Sentosa) during the session, Deputy Minister of International Trade, Industry, and Investment Datuk Dr. Malcom Mussen Lamoh highlighted the federal government’s tax incentives to attract foreign investment in downstream industrial production utilising Sarawak’s renewable energy sources.
He elaborated that alongside tax incentives, investors could apply for Import Duty and Sales Tax Exemption on selected equipment, machinery, spare parts, and raw materials.
Additionally, Mussen mentioned specific incentives offered by the Sarawak government, including the Green Investment Tax Allowance (GITA) and Green Income Tax Assumption (GITA) for qualifying green technology projects and service providers listed under My Hijau Directory, respectively.
