Sarawak agrees in principle to RM1.5b allocation for Sibu Economic Zone, deputy premier says
SIBU, Sept 20 — The Sarawak government has agreed in principle to an initial RM1.5 billion allocation to establish...
Sarawak has given preliminary approval to a RM1.5 billion funding plan for the Sibu Economic Zone (SEZ), according to Deputy Premier Datuk Amar Dr Sim Kui Hian. The SEZ aims to serve as a hub for investment, services, and high-paying jobs in the city. The zone will also be bolstered by improved connectivity, industrial facilities like the proposed West Bank Bridge, and the planned Sibu Industrial Park, set to be finished in 2029.
Dr Sim also highlighted the Bukit Assek redevelopment project, which received initial approval, as a significant long-term goal for Sibu's economic growth. The deputy premier acknowledged the crucial role of business organizations like the Association of Chinese Chambers of Commerce and Industry of Sarawak (ACCCIS) in facilitating communication between the government and the business sector, and encouraged ACCCIS to maintain its role as a constructive link between the two parties.
The deputy premier also praised ACCCIS for its initiatives promoting environmental sustainability, such as the 'How to Retain the Blue Sky Eco-Enzyme Public Workshop' and 'How to Retain the Blue Sky 2.0: Five Eco Enzyme Lessons.' Dr Sim outlined Sarawak's future economic strategy, emphasizing the need to shift away from conventional industries and towards emerging sectors like renewable energy, semiconductors, healthcare, digitalization, and technology-related fields.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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