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Old October 13th, 2014, 06:34 PM   #181
Boggleboy
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Quote:
Originally Posted by AtChdage View Post
Who's the first and second?
GDP Per Capita by State 2013
1. KL - RM79,752
2. Labuan - RM43,848
3. Sarawak - RM41,115



GDP by State 2013

1. Selangor - RM186,548 million
2. KL - RM122,059 million
3. Sarawak - RM74,887 million




More info here: http://www.statistics.gov.my/portal/...DNK_Negeri.pdf
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Old October 13th, 2014, 06:59 PM   #182
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Economic Growth and Percentage Share by State 2013



Percentage Share of Sectors by State





Percentage Share of Economic Activity by State 2013

Diversification in Sarawak economy can be seen by the significant contribution of all sectors except construction. We do not showed dependency on a certain sector as shown by other states.



Source: http://www.statistics.gov.my/portal/...DNK_Negeri.pdf
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Old November 17th, 2014, 06:03 PM   #183
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‘Sarawak still has plenty of potential to offer’
by Adrian Lim, [email protected]. Posted on November 14, 2014, Friday
http://www.theborneopost.com/2014/11...#ixzz3JLIPGlGM

Quote:
KUCHING: Sarawak still has huge potential for growth in terms of natural resources.

One example was Sarawak Shell Bhd (Shell) which foresees huge potential for more oil and gas exploration projects that will bring greater development to the state’s economic growth.

Sarawak Shell general manager for Sabah operations Siti Hurrairah Sulaiman believes that the O&G company still has a lot to offer in Sarawak and has earmarked the state as one of its key markets for growth.

We believe Sarawak has a huge potential for growth. Sarawak has a significant amount of natural resources and we still have a lot to discover.

In 2014, we have managed to unlock one billion barrels of oil reserves. In 2015, we are looking at (developing) nine to 10 exploration wells,” she said during a session on ‘Shaping Sarawak to be a high-income and sustainable state’ at Sarawak Business Summit 2014 at a hotel here yesterday.

She observed that as the state’s economy progresses towards better growth in the future, Sarawak could become of one of the most developed states in the country.
CM: 5 pct economic growth next year
Posted on November 11, 2014, Tuesday
http://www.theborneopost.com/2014/11...#ixzz3JLMYuLMz


Bintulu Port

2014 Forecast

GDP growth: +5%

Private investment: +11.1%
- ongoing implementation of projects under the Economic Transformation Programme and strong inflow of FDI which has led to a positive spillover to the domestic-oriented investment (RM7.8 billion for the first six months of 2014, surge of 77.1 per cent)

Public investment: +3.8%
- Capital expenditure on major government infrastructure projects for Score areas and rural areas

Construction sector: +6.3%
- rapid implementation of government projects under the 10th Malaysia Plan and major construction projects in SCORE area

Service sector: +5.2%
- robust growth can be seen in the accommodation and restaurant, wholesale and retail trade, communication and transport as well as real estates and business services sub-sectors

Private consumption: +7.1%
- stable income growth and better employment conditions as well as cash assistance programmes to the targeted income groups

Public consumption: +3%
- prudent financial management by the government.

2015 forecast

GDP growth: +5%

Private investment: +10.6%
- investment of export oriented industries, particularly in the Sarawak Corridor of Renewable Energy (Score).

Public investment: +5.1%
- more infrastructure projects such as the new Mukah Airport, redevelopment of traditional villages through Darul Hana development and the Pan-Borneo Highway.

Public consumption: +3.9%
- government spending on emoluments, supplies and services to further enhance public service delivery

Private consumption: 6%
- favourable employment prospects and wage growth

Service sector: +5.1%

Wholesale and retail trade: +6.2%
- strong domestic consumption amid consumer’s cautious sentiment due to the implementation of GST

Construction sector: +7.2%
- implementation of projects under 10th Malaysia Plan, particularly in the rural areas

Other sectors which will contribute to the state’s economic growth are transport, storage and communication sub-sector, manufacturing sector, mining and quarrying sector and the agriculture sector.
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Old November 21st, 2014, 10:28 AM   #184
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It's amazed me some states in Malaya has GDP per capita equivalent to some poor countries in Asia and Africa! Sarawak seem to be the one balancing this figure for Malaysia.
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Old December 25th, 2014, 06:49 AM   #185
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Does Betong and Kapit have their own thread?
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Old November 2nd, 2015, 02:36 PM   #186
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Anthony Bourdain: Parts Unknown

Borneo is 'the best kind of adventure'
http://edition.cnn.com/2015/10/31/tr...hony-bourdain/
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Old November 13th, 2015, 07:49 PM   #187
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MCMC has pumped in RM2.5b on digital infrastructure in S'wak
http://www.malaysiakini.com/news/317884
Bernama
Published 30 Oct 2015, 10:50 pm

Quote:
The Malaysian Communications and Multimedia Commission (MCMC) has spent RM2.5 billion on building digital infrastructure and narrowing the digital gap in Sarawak.

Communications and Multimedia Deputy Minister Jailani Johari said so far, the MCMC had managed to set up 90 1Malaysia Internet centres, 660 WiFi communities, and 1,237 kilometres of broadband connections under the Broadband for General Public (BBGP) initiative in the state.

"Up to September 2015, the MCMC had built 993 telecommunications towers, 282 kilometres of fibre optic cable networks, 597 1Malaysia internet centres, and 4,712 WiFi communities (hotspots) nationwide," he said at the opening of the national-level 1Malaysia Community Convention in Bintulu today.

Sarawak Deputy Chief Minister Alfred Jabu Numpang opened the convention held at Dewan Suarah, Bintulu.

Jailani said the government encouraged the involvement of internet-savvy entrepreneurs to help improve the living standard of the people, and had allocated RM100 million for the e-rezeki and e-usahawan initiatives.

He said the role of the 1Malaysia communities was increasingly important in assisting to disseminate information on various initiatives and incentives provided by the federal government in improving the people's lot.

"In Sarawak, there are 235 1Malaysia communities and my hope is for them to widely spread useful information to the people to help realise the transformation programmes," he added.

"The government has also spurred the people's economy by building new bridges such as the Samarahan, Bako, Long Lama, and Limbang bridges.

"Information on combating illegal logging in the state should also be disseminated so that the people could assist by tipping off the authorities on the illegal activity in their respective areas," he said.
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Old November 13th, 2015, 07:53 PM   #188
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SCORE a ‘treasure trove’ for job opportunities
November 12, 2015, Thursday
http://www.theborneopost.com/2015/11...#ixzz3rFqoMX3R



Image shows Siam during the seminar talking on the opportunities that are available for local Sarawakian companies.

KUCHING: The Regional Corridor Development Authority (RECODA) noted that there is still plenty of opportunities for local companies to tap into when it comes to the Sarawak Corridor of Renewable Energy (SCORE).

To note, there are eight major investment components in the SCORE initiative – namely energy, physical infrastructure, targeted industries, manpower, new growth nodes, marine engineering/shipbuilding, halal hub and tourism as well as environmental management.

According to Regional Corridor Development Authority (Recoda) head of audit Siten Siam, these initiatives creates investment components in seven major industries such as water, telecommunications, waste disposal, deep sea ports, education/training centers and social infrastructures which local companies could take advantage of.

With places such as the Samalaju Industrial Park already generating billions worth of investments, there are also other areas which small medium enterprises (SMEs) can tap into such as the Mukah Smart City economic trigger.

“Opportunities that lie in Mukah alone include education, agri-tech research, biotech, ICT industries, food, fisheries, and cultural industries.

“There is also the Matadeng Industrial Estate which the government encourages SMEs to look into,” he added.

In 2015, manpower demand for the SCORE area is expected to be at 566,233 with 145,445 being new jobs. By 2030, the figure is expected to reach 1,088,025 with 667,238 of it being new jobs generated.

SCORE’s progress and focus for the past five years has been on the Samalaju Industrial Park. The other nodes concurrently implemented in terms of infrastructure are Tanjung Manis, Mukah Smart City and Baram.

“For Tunoh, Samarakan and other secondary growth nodes in the hinterland areas are now in advance stage of planning under the SCORE Hinterland Study and are currently awaiting funding approval.

Thus far, SCORE has attracted lots of foreign direct investors, corporate players, bankers, financiers, fund analysts and security experts, and we feel that there is more to come from this initiative.
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Old December 3rd, 2015, 05:59 PM   #189
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‘MoUs with China firms set to bring in new investments’
http://www.theborneopost.com/2015/12...#ixzz3tHDX2vNy
December 3, 2015, Thursday Jonathan Chia & Marilyn Ten, [email protected]



Quote:
KUCHING: The three companies from China that signed Memorandums of Understanding (MoUs) with the state government yesterday are expected to bring in new investments in the field of technology and infrastructure.

State Secretary Tan Sri Datuk Amar Morshidi Abdul Ghani said the companies; namely China State Construction Engineering Corporation Ltd, Blue Ocean Energy Co. Ltd and Blue Energy Technology Co. Ltd have shown interest in areas such as waste management, infrastructure development as well as natural gas (processing).

“These are the three main areas they have shown interest in but they are also exploring other areas such as agriculture and tourism,” he told reporters after signing the MoUs on behalf of the state government at Hilton Kuching yesterday.

The ceremony was witnessed by Chief Minister Datuk Patinggi Tan Sri Adenan Satem.

With the MoUs, Morshidi said the state government was now waiting for the companies to submit their proposals.

----

Earlier, China State Construction Engineering Corporation Ltd business development director Annuar Khairi Mohd Razali said the company was keen to work on the Sarawak Coastal Road Network.

“We would be able to provide the connectivity to the ‘missing links’ of the road network by upgrading existing coastal roads and at the same time constructing new coastal roads.

“In addition, we would also be able to construct the major coastal road bridges over rivers currently serviced by ferries,” he explained.

Apart from offering the state government its technical experience to construct the project, Annuar said the company was also able to procure financing for the project with the most favourable terms possible from financial institutions in China.

“With financing in place for the project, the state government of Sarawak would have better options in optimising its financial resources and cash flow for maximum benefit.”

China State Construction Engineering Corporation Ltd is a Fortune 500 state-owned enterprise established in China, ranked 37th on the Fortune 500 global ranking last year. The company is a blue-chip stock listed on the Shanghai Stock Exchange and its revenue in 2014 was US$131 billion.

For Blue Ocean Energy Co. Ltd, the company expressed its commitment in the development of the state’s natural gas sector to provide integrated solution for industrial chain of natural gas.

“To build a complete end-to-end natural gas industrial chain, we will fill up industrial application of natural gas and upgrade the structure of the system,” said its chairman Wu Xingjun.

“Ultimately this important infrastructure will help to achieve the goal of supporting the sustainable economic growth of Sarawak and at the same time bring benefits to the state.”

Meanwhile, Blue Energy Technology Co. Ltd chairman Wang Bing said the company is equipped with a unique environmental treatment technology, which includes the transformation of solid and liquid waste into energy and recyclable materials.

“Based on our unique advance technology and leadership, we would be able to bring a drastic change and improvement in Sarawak’s waste treatment process and to make Sarawak a model state in terms of building an integrated complex on waste treatment site.”

He added that the company also planned to establish an environmental related industrial chain in the state as a role model for the region so as to play its part in Sarawak’s success.
Sarawak needs more investments from China
http://www.theborneopost.com/2015/12...#ixzz3tHFZ1dtY
December 3, 2015, Thursday Jonathan Chia & Marilyn Ten, [email protected]

Quote:
KUCHING: Sarawak is looking forward to more investments from China although the country is now investing in transport equipment, components and accessories.

Out of the RM60 billion approved as investment for the state since 2008, RM46 billion or 77 per cent was foreign direct investment (FDI) out of which only RM2 billion or 3.3 per cent was from China, Second Finance Minister Dato Sri Wong Soon Koh said.

“However, only RM2 billion or 3.3 per cent of the total investment approved during the same period was from China. In 2014, only RM10.4 million or 0.1 per cent of the total investment approved in 2014 for Sarawak was from China and it is confined to investment in transport equipment, components and accessories.

----

In 2014, the total trade with China was RM11.8 billion. And ranked as Sarawak’s fourth largest trading partner, China contributed approximately eight per cent to the state’s total trade, he added.

“China has the proven track records, capacity and expertise to develop industries and infrastructures that we are promoting at SCORE (Sarawak Corridor of Renewable Energy).

“For instance, China companies were involved in our power sector development, such as the construction of hydro electric power dams in Bakun and Murum and the coal fired plant in Mukah.

“We believe given the vast opportunities in Sarawak, China can play even more active role in the development of our state economy.”

He said presently, Sarawak was rated A- (stable outlook) by Standard & Poor’s and A3 (stable outlook) by Moody’s International Credit Rating Agencies.

“This rating testifies the confidence that investors have on Sarawak as an attractive investment destination. This is further attributed by a long period of political stability and social harmony enjoyed by the state.”

Wong said Sarawak would continue to experience good growth rate of between four and five per cent per annum in the next five years with the continued industrialisation of the state through SCORE.
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Old May 22nd, 2017, 10:23 AM   #190
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Does anyone know by the completion of this bridge, is Kapit now can be reached by land transport? If not when is it targetted to finish and how is the status?

Masing performs soft opening of Kanowit bridge
May 22, 2017, Monday



KANOWIT: The opening of Kanowit bridge is a gateway to the upper Rajang area.

Deputy Chief Minister Tan Sri Datuk Amar Dr James Masing said the bridge was made possible because the people had wanted it.

“This is possible because they had elected people’s representatives who have means of persuasion and link with those in authority.

“The bridge is the first phase to make Kapit no longer an island within the island of Borneo,” he told a press conference after officiating at the soft opening of Kanowit bridge here yesterday.

Masing said that the 350-metre bridge costing RM52 million was part of the 101km Kanowit/Song/Kapit Road, which commenced construction in Dec 2014.

He said it was opened much earlier than its scheduled completion in July this year to provide convenience to the people residing in Majau, Poi, Ngemah as well as Song in conjunction with the Gawai Dayak celebration.

“All this happened because the Prime Minister, Datuk Seri Najib Tun Razak, allows it to happen. He had been here many times and because of that he understands the needs of the people in this region.

“Because of that, you cannot tell us not to appreciate his work.

“So you cannot say that the people are giving their empty support to Najib.

“We will support leaders who understand our needs and Najib understands that. That’s why we support him. He will remain strong in Rajang and this will help us to open up Upper Rajang Development Agency (URDA),” he said.

Earlier, in his speech, Masing, who is also Minister of Infrastructure Development and Transportation, said he would talk to Chief Minister Datuk Amar Abang Johari Tun Openg to include Kanowit in Upper Rajang Development Agency (URDA).

He said he cannot decide on the matter although he is URDA chairman.

Among those present were were Deputy Minister of Rural and Regional Development Datuk Alexander Nanta, Kanowit MP Datuk Aaron Ago Dagang, Ngemah assemblyman Alexander Vincent, Machan assemblyman Allan Siden Gramong and Bukit Goram assemblyman Jefferson Jamit.

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Last edited by triplex; May 22nd, 2017 at 10:56 AM.
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Old October 23rd, 2017, 10:56 AM   #191
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Now the question is, when Sibu-Kapit road is going to be completed.
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Old June 10th, 2019, 02:09 PM   #192
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CM: Oil and gas complex will boost development in Sarawak's north

Monday, 10 Jun 2019

by sharon ling
Quote:
KUCHING: A proposed integrated oil and gas complex in Lawas will help boost development in Sarawak's northern region, says Datuk Patinggi Abang Johari Tun Openg.

The Chief Minister said the US$5bil (RM20.8bil) project by China's Beijing Beca Sci-Tech Co Ltd and Sinopec Engineering Incorporation would create jobs and spread development to the area.


"This will be a game changer for northern Sarawak, particularly Lawas and Limbang.

"About 1,000 jobs will be created in the first phase, while the peak construction period will create about 20,000 jobs," he said.

Abang Johari said this after Beca Sci-Tech and Sinopec Engineering signed a memorandum of understanding (MOU) with the state government here on Monday (June 10).

The proposed project will produce petrochemical products for industrial customers in China and South-East Asia. Production is targeted to begin in 2022.

Abang Johari said the Chinese investors chose Lawas because of its strategic location, availability of land and environmental stability.

He said the state government would assist them by providing supporting facilities, including the development of a port at the project site in Pulau Sari.

Read more at https://www.thestar.com.my/news/nati...trhU31bJUvF.99
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Old June 12th, 2019, 11:54 AM   #193
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well they have to makesure that opportunity are given to local sarawakian. not sabahan or bruneian
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