Sarawak Economic Action Council to Assist the State’s Economic Exit Strategy Post Covid-19

Press Room > 2020

An economic action council will be formed in Sarawak, an eastern state in Malaysia to facilitate the government’s post Covid-19 exit economic strategy up until 2030. The council will study details of the state’s economic, social and governance sectors.

The state government has reviewed the development strategies of Sarawak under the 12th Malaysia Plan to recover from the economic impact of the COVID-19 to remain resilient and adapt to the new norms by promoting economic growth and development.

According to Sarawak’s chief minister, Datuk Patinggi Abang Johari Tun Openg, the state’s economy will be based on two core principles of: a digital economy agenda across all sectors of the state’s economy and the other on sustainable programme. He further explained that the two core principles consisted of the ten key propositions namely Data Centre and Innovation – The New Oil; Mining – The New Source of Revenue; High Productivity Commercial Agriculture and Commodity Sector; High Value Downstream Manufacturing; Re-greening Sarawak through Aggressive Industrial Forest Plantations; Beyond Leisure Tourism; Quality Social Services for the People; Renewable Energy – Fuel of the Future; and Aligning Education and Human Capital for the Future.

The state government has acknowledged that the tourism industry post Covid-19 would take a longer time to recover.  As such, the state will intensify its efforts to develop this sector through product developments and initiatives which would include diversification into other tourism products that are beyond leisure tourism.

Business Events Sarawak representing the business events sector of the state is now open for business after three months’ of movement control order in Malaysia due to the COVID-19 pandemic.