RM63 bln post Covid-19 economic plan unveiled

Sarawak Chief Minister Datuk Patinggi Abang Johari Tun Openg (left) signs the ‘Sarawak Post COVID-19 Development Strategy 2030’ book after the launcing ceremony. Also present are his deputies Datuk Amar Douglas Unggah Embas (second right) and Tan Sri Dr James Jemut Masing (right). Photo: Bernama

KUCHING: Chief Minister Datuk Patinggi Abang Johari Tun Openg today unveiled Sarawak’s Post Covid-19 Development Strategy (PCDS) to chart the state’s future after the pandemic until 2030.

He said an estimated total of RM63 billion had been committed to implement the plan under the 12th Malaysia Plan (12MP); RM30 billion came from direct development expenditure and RM33 billion from alternative funding.

“The first phase of the PCDS 2030 will be implemented under the 12MP between 2021 and 2025. The target under 12MP and the PCDS 2021-2030 is for the economy to grow at an average of 6.0 percent to 8.0 percent per annum,” he said.

Abang Johari said Sarawak aspired to be a developed state by 2030. The thriving society would be driven by data and innovation with everyone enjoying economic prosperity, social inclusivity and sustainable environment.

“In terms of economic prosperity, Sarawak needs to double the size of its economy from RM136 billion in 2019 to RM282 billion in 2030,” he said when unveiling the PCDS today.

The chief minister said the four core objectives of the PCDS were to change the economic structure, modernise and increase efficiency, increase household incomes to Gross Domestic Product (GDP) share and highlight long term environmental sustainability.

He said the PCDS 2030 was anchored on six key economic sectors as the main engines of growth, namely, Manufacturing, Commercial Agriculture, Tourism, Forestry, Mining and Social Services.

“This will provide the foundation for us to leap frog into the second phase of the PCDS 2030 development, which is driven by talents, skills and innovations. This plan will ensure the state will prosper along with its people while protecting the environment.

“But the government cannot do this alone. We need all Sarawakians to translate commitments into daily actions and drive sustainability on the ground.

“The government can set the policies but the energy to bring about concrete changes must come from all of us. I am optimistic about the plan and I believe your commitment will make it happen. 

“I can assure you that with the mandate given to the Gabungan Parti Sarawak (GPS) government, more development will be enjoyed by the rakyat. Therefore, let us work together for a brighter future for Sarawak.