Please give tax exemption!

Awang Tengah (second left) delivering his address during the session. On his left is Finance Minister Tengku Datuk Seri Zafrul Aziz.

KUCHING: The federal government is urged to give tax exemption for vehicles using hydrogen fuel to encourage its adoption.

Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said the hydrogen initiative is part of Sarawak’s efforts to develop green economy.

“Thus, we would also like to suggest to the federal government to give tax exemption for vehicles using hydrogen fuel to encourage the adoption of this clean fuel.

“At the same time, the state government is also undertaking research and development on hydrogen fuel. We appreciate any allocation of grant by the federal government for this purpose,” he said during his address at the Industry Engagement Session at a hotel here today.

While Sarawak has a huge land and rich in natural resources such as oil and gas, minerals, forest and vast tract of land suitable for agriculture, it is marred by a scattered population along with inferior infrastructures compared to Malaya, said Awang Tengah.

“Despite all these challenges, Sarawak economy has been able to grow at four to five percent annually over the last few years. However, this year’s growth will be significantly impacted by the Covid-19 pandemic.

“Sarawak’s gross domestic product (GDP) growth must leapfrog to eight percent annually if we were to achieve our aspiration of becoming a high-income economy by 2030, as envisaged by Sarawak Economic Action Council (SEAC),” he said.

The International Trade and Industry, Industrial Terminal and Entrepreneur Development Minister said in order to attract new investment, the state government will continue to formulate new strategies and implement new initiatives.

“These include digitalising our current approval processes for setting up investment projects, cutting red tapes and having regular stakeholders’ engagements with industry players,” he said.