Sarawak! - Borneo Talk

Yang Amat BerhormatPehin Sri Haji AbdulTaib MahmudChief Minister Of SarawakWelcome to Sarawak!Presently, Sarawak is still dependent on its natural resources ofoil, gas and timber to continue developing the State but allthis will change with the momentum of growth generated bythe SCORE (Sarawak Corridor Of Renewable Energy) in the comingyears. Envisaged as the next economic transformation for Sarawakinto a dynamic, productive and developed State, SCORE will utilizefully the vast potential of green hydropower to spearhead thesedevelopments in the State.With the transformation into a high-income economy, the labourfactor will be crucial and this will most likely be met with muchhuman resources coming from outside the State as semi-skilledand skilled technicians for industries. Over ninety percent of theeconomy will be private sector led in the seven main focus areas ofmanufacturing, service, education, agriculture, tourism, renewableenergy and women entrepreneurship. The government is eyeingmore than RM200 billion worth of investments over the next twentyyears under the transformation plan of SCORE and together withthe federal government EPP (Entry Points Project) initiative, thetransformation will be ushered over the whole nation.I firmly believe that Sarawak will continue to attract foreigninvestments due to the favourable business climate here as wellas stable government. With clear established policies for localand foreign investors already in place, everyone is aware of thedevelopment plans for the next twenty years and even beyond as theprospects and potential from Sarawak is immense. We welcome youto stake a claim in the next stage of transformation for the State’seconomy by investing in SCORE where the State will assist in everyway for a smooth business transition.While in Sarawak, take every opportunity to visit the vast adventure,culture and nature spots and learn about the natural beauty of theState and its people. I am sure that you will then realize why we callSarawak home, a trend that is gaining popularity amongst many ofour foreign investors!Oct-Dec2011BorneoTalk | 3