Sarawak to spend $1.1b on infrastructure

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Sarawak’s Chief Minister Tan Sri Abdul Taib Mahmud

Malaysia’s largest state Sarawak has allocated $1.1 billion in its 2013 budget to develop physical infrastructure in less developed areas. The sum is the lion’s share of the total infrastructure development budget of $1.43 billion for 2013.

“There is a need for rural areas to catch up with development, particularly those having economic potential that could be harnessed to contribute substantially to the state’s economy,” Chief Minister Tan Sri Abdul Taib Mahmud said in his budget speech at the State Legislative Assembly on November 19.

He said that around $655 million would go to commerce and industry sectors for investments in manufacturing, tourism development, industrial estates development and entrepreneurial development programmes. The budget would include government development grants and loans to statutory bodies.

The rest of the breakdowns are: $65 million will go for transport and communications especially for roads, bridges and ports; $141 million for general administration such as for the implementation of various programmes and projects to improve government facilities for better service delivery; $55 million for agricultural programmes such as land development, drainage and irrigation, assistance to farmers, veterinary, fisheries, agricultural research and forestry; $70 million for public utilities especially for implementation of various water supply projects; and $114 million for social development and community services including housing and resettlement schemes, sports and recreational facilities.

 

 

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Reading Time: 1 minute

Sarawak’s Chief Minister Tan Sri Abdul Taib Mahmud

Malaysia’s largest state Sarawak has allocated $1.1 billion in its 2013 budget to develop physical infrastructure in less developed areas. The sum is the lion’s share of the total infrastructure development budget of $1.43 billion for 2013.

Reading Time: 1 minute

Sarawak’s Chief Minister Tan Sri Abdul Taib Mahmud

Malaysia’s largest state Sarawak has allocated $1.1 billion in its 2013 budget to develop physical infrastructure in less developed areas. The sum is the lion’s share of the total infrastructure development budget of $1.43 billion for 2013.

“There is a need for rural areas to catch up with development, particularly those having economic potential that could be harnessed to contribute substantially to the state’s economy,” Chief Minister Tan Sri Abdul Taib Mahmud said in his budget speech at the State Legislative Assembly on November 19.

He said that around $655 million would go to commerce and industry sectors for investments in manufacturing, tourism development, industrial estates development and entrepreneurial development programmes. The budget would include government development grants and loans to statutory bodies.

The rest of the breakdowns are: $65 million will go for transport and communications especially for roads, bridges and ports; $141 million for general administration such as for the implementation of various programmes and projects to improve government facilities for better service delivery; $55 million for agricultural programmes such as land development, drainage and irrigation, assistance to farmers, veterinary, fisheries, agricultural research and forestry; $70 million for public utilities especially for implementation of various water supply projects; and $114 million for social development and community services including housing and resettlement schemes, sports and recreational facilities.

 

 

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