Blueprint for Sarawak 2010


THE Sarawak state government has accepted in principle a comprehensive blueprint for its industrial development up to 2010 drawn up by the Malaysian Institute of Eco-nomic Research (MIER). 

According to Deputy Chief Miinis-ter and State Industrial Develop-ment Minister Tan Sri Dr George Chan Hong Nam, the state had commissioned MIER to carry out a study to provide policy guidelines and direction in line with Sarawak's vision to become an industrialised state by 2010. 

“While the progress made in our industrialisation programme is re-markable, our institutional mechanism is not in tandem with our development pace,” Chan told the state assembly in Kuching yesterday. 

Chan said the sate government's approval to implement a Sarawak Industrial Development Plan (SIDP) was another milestone in the state's industrial development. 

Dr George Chan Hong Nam

According to Chan, his ministry would soon be getting feedback from the industrial and business community on the various proposals contained in the SIDP. 

“The major strategies are based on cluster-based approaches, development of efficient small and medium industries (SMIs), and the enhancing of critical supporting sectors especially in human resource development, supporting infrastructure as well as research and development (R&D).” 

Chan said eight industrial sub-sectors comprising wood-based, agro-based food processing, oil palm-based, ceramic, shipbuilding, electrical and electronic, biotechnology and petrochemical sectors, would be promoted in view of their geographical and resource advantages. 

He said that a Sarawak industrial coordination council would be set up to coordinate all industrial development activities in the state and advise the state government on issues affecting industrial development, as well as refer to the federal government issues that required attention. 

Chan said his ministry had set up a project implementation and coordinating unit to help manufacturers to ensure the timely implementation of their industrial projects. 

He said 100 industrial project with proposed capital investment of RM1.05bil was approved for the state last year.  

In the 1st quarter of this year, projects involving RM170mil in capital investment have been approved. 

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Did you find this article insightful?


Next In Business News

Sime Darby's motor division recovery propels 1Q net profit to RM281mil
TNB posts 3Q net profit of RM1.01bil
Westports records stronger 3Q results as container throughput improves
KLCI tops 1,600 as Budget 2021 debates continue
RHB Research keeps Buy call on Sime Property, TP 88 sen
Honda Malaysia issues recall for 2,784 of 20-year old Accord, CR-V
Quick take: Vivocom continues to slide, GETS slips
Market cautious, eyes on Budget passage
OCK earnings remain highly sustainable on recurring income, says Kenanga
Maybank IB Research has Buy on IJM Corp, higher TP of RM1.98

Stories You'll Enjoy