KUCHING: Sarawak’s financial success has been attributed to its strategic revenue re-engineering initiatives, which have propelled the state into the high-income category, as recognised by the World Bank.
Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg reiterated that Sarawak achieved record-breaking revenues, with RM13.3 billion collected in 2023 and RM14 billion expected this year.
“Our revenue re-engineering efforts have yielded significant results. Since 2021, our revenue has steadily increased, and we are grateful for the achievements,” he said during the Institute of Engineers Malaysia (IEM) Sarawak annual dinner at the Borneo Convention Centre Kuching (BCCK) last night (Nov 24).
As Sarawak’s Finance and New Economy Minister, Abang Johari revealed plans to inject RM100 billion into the state’s economy over the next five years. This ambitious investment will focus on three major strategic projects, namely a deep-sea port development, a new international airport and a state-owned airline.
He said the deep-sea port will be built in Kuching to address the shallow waters at the existing ports.
“This port will be a smart facility, complete with a gas terminal and innovative engineering solutions. We’ll need skilled hydraulic engineers to manage water systems and create an artificial island,” he said.
The new international airport in Kuching will be built using state funds, bypassing federal dependence.
“A private sector investor has already shown interest in this project, which will be a public-private partnership to reduce financial risks,” Abang Johari said.
On the aieline, he said Sarawak is working to finalise the sales and purchase agreement for MASwings by next month.
“With our own airline, airport, and aircraft, we will better position Sarawak as a premier destination for business and tourism,” he added.
Beyond these flagship projects, the Premier reiterated the government’s commitment to extend water and electricity supply across Sarawak and enhancing telecommunication infrastructure.
“These initiatives align with our Post-Covid-19 Development Strategy (PCDS) 2030, which will guide Sarawak’s development up to 2035,” he said. “Whether I am here or not, this journey must continue for Sarawak’s prosperity and peace.”
Abang Johari acknowledged the crucial role of engineers in achieving the state’s ambitious goals, particularly in the fields of hydraulic engineering, smart infrastructure, and telecommunications.
“The expertise of engineers in various disciplines will be vital for Sarawak’s progress, especially as we tackle these transformative projects,” he said.
A highlight of the evening was the launch of the IEM Sarawak Climate Action Pledge which marks a formal commitment by the institution to lead Sarawak’s engineering community in championing sustainability and resilience in future developments.
The event was graced by notable figures, including Deputy Premier Datuk Amar Dr. Sim Kui Hian, Minister of Utility and Telecommunication Datuk Seri Julaihi Narawi, State Secretary Datuk Amar Mohamad Abu Bakar Marzuki, Deputy Minister of Infrastructure and Port Development Datuk Aidel Lariwoo, IEM president Dr. Jeffrey Chiang Choong Luin, IEM Sarawak chairman Stephanie Sim Hui Kheng, and annual dinner organising chairman Dr. Angelia Liew San Chuin.
With a bold vision, robust financial planning, and a clear focus on sustainability, Sarawak continues to chart its path as a leader in regional development.
