BINTULU: The private sector has to invest in human resources development and information and communication technology to remain competitive with other states, Deputy Chief Minister Tan Sri Dr George Chan Hong Nam said.
Our state is far behind in these two fields when compared with Peninsular Malaysia and other well-developed areas in Asean, he said, adding that it was also affecting the growth of the small and medium-scale industry.
The state government has been venturing aggressively in both the fields but we need time to catch up with the rest, he told a delegation of top state business and corporate sector leaders at the ninth annual delegates' conference of the Associated Chinese Chamber of Commerce and Industry Sarawak held in this gas capital.
Dr Chan, who is state Finance, Public Utilities and Industrial Development Minister, urged the business community to hold dialogues with the relevant authorities to develop the two sectors.
He said another area affecting the growth of SMIs in Sarawak was the lack of capital and knowledge on where to source for funds.
Not many people in the state know about the loans and financial assistance offered by the Credit Guarantee Corporation, a body which could help the members of the Chamber, he said.
Dr Chan also called on the Chamber members to help the government to eradicate poverty and to narrow the income gap between the urban and rural population.
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