The global economic environment is expected to remain robust and dynamic right up to the next decade, with both the industrial and developing countries expected to maintain sustainable output growth. Global trade is expected to expand by about 8 percent. This continued favourable external outlook should keep the high growth momentum of Malaysia's economy at a steady and stable level. Sarawak, which is the largest of the 13 States within the Federation of Malaysia, aims to be fully developed state along with the rest of the country by 2020. Sarawak has identified for sectors as key sources of growth. These are the manufacturing, commercial agriculture, construction and services sectors.

The availability of vast competitively priced land and rich reserves of natural resources has made Sarawak an attractive choice for manufacturing operations among investors.

As the Sarawak government pursues its economic diversification policy, it has made available attractive incentives to all investors in the State. This range of special incentives is in addition to those that have been made available by the Malaysian Government to foreign investors. To ensure supply of competent, productive and skilled workforce to meet the needs of industries in the State, the Ministry of Industrial Development, Sarawak is working closely with education institutions in the country.

As the experience of those who have made a wise choice in siting their operations here in Sarawak have shown, Sarawak's distinct advantages made it an excellent choice for foreign investors who are keen to tap the lucrative investment opportunities in the Asia-Pacific region.

 

 


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