KUCHING: Sarawak is prioritising human capital development to reach high-income status by 2030.
Deputy Premier Datuk Amar Dr Sim Kui Hian said the state plans to double its Gross Domestic Product (GDP) to RM282 billion, following guidelines set in the Post COVID-19 Development Strategy (PCDS).
In support of this goal, starting in 2026, Sarawak will provide free education at all state-run universities and higher learning institutions.
“We are committed to ensuring that all Sarawakians have access to quality education. We also encourage our students to study or work abroad to enhance their skills and knowledge,” he said at the opening of the Generali Malaysia first integrated branch here today (Apr 29).
He hoped that these individuals would eventually return to contribute to Sarawak’s growth, adding, “Please remember your hometown – Sarawak.”
He reiterated the importance of Sarawak’s green energy initiatives, particularly in response to global climate change.
“Sustainability is a critical component of the PCDS, complemented by prosperity and social inclusivity,” he added.
Over the next six years, Sarawak aims to transition from its traditional oil and gas revenues to a diverse portfolio of renewable energy sources.
Dr. Sim said that Sarawak’s revenue increased from RM5.8 billion in 2018 to RM13.3 billion last year, with expectations for further growth this year.
He encouraged investors and business owners to consider Sarawak as a viable location for expansion due to its promising economic prospects.
Among those present were Generali Insurance Malaysia Bhd chief executive officer (CEO) Fabrice Bernard and Padawan Municipal Council (PMC) chairman Tan Kai.
