(Kuching, 21st) Sarawak is now not only a region rich in natural resources, but is also rising as an area full of opportunities, thanks to outstanding leadership, clear development policies, and a firm commitment to green transformation.
Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg stated that since 2021, the total approved investment in Sarawak has reached RM104 billion, including RM31.2 billion in just the first nine months of this year, indicating that international investors are confident in Sarawak’s long-term economic direction.
“These investments have not only consolidated Sarawak’s economic foundation, but also created more job opportunities in high-value fields such as renewable energy, hydrogen, and the digital economy.”
He made these remarks today while officiating the launch of the “13th Malaysia Plan (2026–2030)” and the opening of the 2025 Sarawak Economic Congress here.
Abang Johari explained that Sarawak’s economy showed strong recovery after the pandemic, registering a 7.1% growth in 2022, a robust rebound compared to the 6.7% contraction in 2020.
“Since then, Sarawak has maintained an average stable growth of 3.9% between 2022 and 2024, showing continuous economic resilience and increasingly diversified foundations.”
He pointed out that this positive development is mainly due to prudent fiscal management, political stability, and a clear and consistent development direction.
Abang Johari added that Sarawak has also gained international recognition, with the World Bank classifying Sarawak as a high-income region since 2023, marking Sarawak’s success in inclusive and sustainable economic transformation.
“From a fiscal perspective, Sarawak’s state revenue has almost doubled from RM7.6 billion in 2021 to RM14.2 billion in 2024, reflecting fiscal discipline and reliable economic policies.”
He concluded that Sarawak is now ready to move forward
Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg stated that since 2021, the total approved investment in Sarawak has reached RM104 billion, including RM31.2 billion in just the first nine months of this year, indicating that international investors are confident in Sarawak’s long-term economic direction.
“These investments have not only consolidated Sarawak’s economic foundation, but also created more job opportunities in high-value fields such as renewable energy, hydrogen, and the digital economy.”
He made these remarks today while officiating the launch of the “13th Malaysia Plan (2026–2030)” and the opening of the 2025 Sarawak Economic Congress here.
Abang Johari explained that Sarawak’s economy showed strong recovery after the pandemic, registering a 7.1% growth in 2022, a robust rebound compared to the 6.7% contraction in 2020.
“Since then, Sarawak has maintained an average stable growth of 3.9% between 2022 and 2024, showing continuous economic resilience and increasingly diversified foundations.”
He pointed out that this positive development is mainly due to prudent fiscal management, political stability, and a clear and consistent development direction.
Abang Johari added that Sarawak has also gained international recognition, with the World Bank classifying Sarawak as a high-income region since 2023, marking Sarawak’s success in inclusive and sustainable economic transformation.
“From a fiscal perspective, Sarawak’s state revenue has almost doubled from RM7.6 billion in 2021 to RM14.2 billion in 2024, reflecting fiscal discipline and reliable economic policies.”
He concluded that Sarawak is now ready to move forward