By PERTH: The Sarawak economy is tipped to grow by five to six per cent this year said Deputy Premier Datuk Amar Awang Tengah Ali Hasan.
He said this was in line with the normalising of economic activities following the recovery from the COVID-19 pandemic in the past two years.
“Despite the sluggish global economy, Sarawak economy growth in 2021 was estimated between three to four per cent.
“As our economic activities normalize with the reopening of the international border, continued growth in the external sector and improved domestic activities, we have projected the economy to grow between five to six per cent in 2022,” he said.
He said this in his welcoming remarks when leading the Sarawak delegation at the Roundtable Networking with Australia Malaysia Business Chamber (AMBC) Western Australia, here recently.
Awang Tengah said the total trade between Sarawak and Australia in 2021 was AU$1.1 billion (RM3.6 billion) and the value of Sarawak export to Australia was AU$0.4 billion (RM1.2 billion).
He added, this was mainly for crude petroleum, plywood and urea. The value of Sarawak import from Australia on the other hand was AU$0.7 billion (RM2.4 billion), mainly for aluminium ores and concentrate.
“I hope today, we will be able to discuss further on the areas where Sarawak and Western Australia can strengthen the collaboration in business and trade as well as explore potential investments,” he added.
More than 20 members of AMBC attended the roundtable discussion. Among those present were Malaysia Consul-General and AMBC patron Ahmad Fikri Zakian, and AMBC vice president Bernard Chia.
Also present were Deputy Minister of International Trade and Investment Datuk Dr Malcolm Mussen Lamoh, Sarawak Economic Planning Unit director Datuk Abdullah Zaidel, Ministry of International Trade, Industry and Investment (MINTRED) Sarawak acting permanent secretary Dzulkornain Masron, MINTRED advisor Datuk Naroden Majais and MINTRED special officer Datuk Liaw Soon Eng.
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