Sarawak to continue business-friendly policies to attract foreign investments

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CM Abang Johari Openg says an increase in public spending in building physical and digital infrastructure will enhance economic growth in the state to 6%. abangjohariopeng

Sarawak Chief Minister Abang Johari Openg at the signing ceremony of a MoU at Lawas today.

“Sarawak’s economy needs to grow by at least 6% percent annually in order to be able to attain the status of a developed economy by 2030,” he said during the signing ceremony of a memorandum of understanding between the state government, Beijing Beca Sci-Tech Co Ltd and Sinopec Engineering Incorporation on the proposed development of an integrated oil and gas complex in Pulau Sari, Lawas, here today.

The MoU, he said, would be the first step towards expanding the state’s capacity and capability in the oil and gas sector instead of being a mere spectator and waiting for “handouts”.

 

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Belgique Dernières Nouvelles, Belgique Actualités