Dr Sim Kui Hian today called on the private sector to ready itself for Sarawak’s booming economy, warning that firms not aligning quickly with the state’s development plan risk falling behind. Speaking at a top-tier business forum in Kuching, the Minister of Local Government and Housing outlined key infrastructure and digital projects in motion—from Pan-Borneo Highway improvements and new airport terminals to expanded broadband coverage and renewable energy schemes—that will redefine Sarawak’s commercial scene in the coming years.
He noted that these public outlays are creating new openings in logistics, construction, professional services, hospitality and the green-technology supply chain. “Local entrepreneurs and SMEs must revisit their business models, enhance technical capabilities and embrace innovation to capitalise on forthcoming projects,” Dr Sim told over 300 business figures, financiers and government representatives.
To support business readiness, the Sarawak government has introduced grants and training programmes focused on digitalisation, energy optimisation and export preparedness. Dr Sim also highlighted updates to the state’s public-private partnership guidelines intended to streamline approvals and boost transparency on major tenders.
He encouraged companies to pursue joint ventures with international partners as well as R&D collaborations with universities and research institutes. Such partnerships, he asserted, can transfer essential know-how in advanced manufacturing, agritech and waste-to-energy processes—industries Sarawak aims to expand under its “Sarawak 2030” vision of becoming a diversified, high-income economy.
In closing, Dr Sim reminded attendees that sustainable, inclusive growth requires collective effort. “Our government is laying the groundwork,” he said. “Now it’s up to the private sector to climb aboard, innovate and help drive Sarawak toward its full potential.”
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