Tag: Economy

Sarawak strengthens local human capital by offering practical technical training through agencies like Sarawak Skills. With over 5,900 students and adults enrolled, these TVET programs empower residents with practical skills, achieving a remarkable 93 per cent graduate employability rate.

Sarawak's civil servants must shift from gatekeeping to becoming growth partners, helping deliver investment under PCDS 2030. With global capital selective and ASEAN attracting record inflows, faster approvals, digital tools and strategic judgement will decide whether Sarawak wins investment and reaches developed-state status.

Sarawak is launching huge green hydrogen projects to create clean power. The new facilities will yield massive amounts of renewable fuel every single year. This exciting effort brings local jobs and will generate twelve billion ringgit by the year 2030.

Sarawak extracts clean hydrogen gas from water using renewable solar power. Securing four billion dollars in investments, advanced facilities will produce 240,000 tonnes yearly. Exporting green fuel aims for foreign income, creating sustainable wealth and prosperity for Sarawak.

Sarawak is transforming its state-owned enterprises to boost economic growth and improve overall corporate governance. This new programme aims to make these organisations financially independent and highly profitable by the year 2030 through strict accountability and major strategic reforms.

Miri is betting its post-oil future on literature, seeking UNESCO status by 2027 to transform from an extraction town to a cultural hub. The bid aims to diversify the economy through literary tourism and preserve the region's rich oral heritage, following Kuching's successful gastronomy model as a blueprint.