Sarawak on track towards GDP of RM118 bln by 2030

KUCHING: Sarawak is on track to achieve real gross domestic product (GDP) of RM118 billion in 2030 with Sarawak Corridor of Renewable Energy (SCORE).

Regional Corridor Development Authority (Recoda) chief executive officer (CEO) Tan Sri Datuk Amar Wilson Baya Dandot said by the time, the state is also expected to achieve GDP growth of seven per cent and GDP per capita of RM97,400, with total new job creation of 1.6 million.

“If we can convince investors that Recoda, Public Works Department and other agencies can provide infrastructures, then we can attract more investment. If we don’t have it, it is not easy for us to convince investors.

“Whatever they are asking, we will try to deliver it within the time period that we have,” Baya said in his keynote speech at Oxford Business Group – Sarawak Panel Discussion with the title “SCORE Investment Opportunities 2015-2020”, here, yesterday.

He said as an agency overseeing and managing SCORE, Recoda had the responsibility to ensure that enough facilities and infrastructures and utilities had been provided, including establishing towns and accomodations.

Since 2008, Baya stated that Recoda had received federal allocation of RM2.5 billion, which he considered ‘public sector investment’ to provide facilities and infrastructures that turned the areas identified to be conducive for investment.

Going forward for the next five years, he expected more activities concentrated in buiding facilities and opening of new growth nodes Baram and Baleh, apart from Samalaju, Mukah and Tanjung Manis.

According to Baya, Mukah would be turned into ‘Mukah Smart City’, with various institutions of higher learning such as UiTM Mukah as well as Polytechnic had already set foot there and by end of this year, some 3,000 were expect to be enrolled in UiTM Mukah.

Apart from that, he said works had started to build a new Mukah Aiport at the cost of about RM341 million.