Sarawak government has plans to create new sources of revenue for the state.
Its Deputy Public Health, Housing and Local Government Minister Michael Tiang said action plans had been put in place through the state’s new economic model to reap more revenue.
“With various revenues being generated, we will build long lasting wealth for Sarawakians.
“With more money coming in, many development projects can be implemented, such as the Bukit Assek redevelopment plan,” he said.
He added that the redevelopment plan would be able to boost Sibu’s economy over the next 20 years.
Tiang said these were attainable goals and the state government would pave the way to ensure the people could fulfil their dreams and aspirations.
“This is our vision and we are not afraid to set higher goals.”
He said the state government had always governed Sarawak with a clear vision.
“We were able to pass laws to impose the state sales tax (SST) on petroleum products. And we passed a Bill to boost our control over our rights to our forest with carbon storage activities through amendments to the Land Code,” he elaborated.
He noted that the SST collected from crude oil and liquefied natural gas (LNG) since Jan 1, 2019, had become a major contributor to Sarawak’s revenue, amounting to RM8.52bil.
Tiang said these in his speech at the Swan City Classic Bodybuilding contest.
Also present was Sibu Division Bodybuilding and Weightlifting Association president Chia Soon Cheong.
A total of 20 bodybuilders in the central region took part in the contest that was jointly organised by PBB Pelawan and Sibu Division Bodybuilding and Weightlifting Association.
The five winners from their respective categories went on to represent Sibu Division at the Mr Sarawak Bodybuidling contest in Miri on July 2.