How has Sarawak advanced economically in the 61 years since joining Malaysia?

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Sarawak's Economic Advancement Over 61 Years Since Joining Malaysia

Sarawak has made significant strides in its economic development over the 61 years since its incorporation into the Federation of Malaysia, evolving into a competitive region. This progress has been underscored by a strategic shift towards sustainable economic policies, focusing on new resource utilization and the digital economy, culminating in its recognition by the World Bank as a high-income region.
Focus on Sustainable Economic Development and the Digital Economy

The Sarawak government's current economic agenda is centered on a sustainable development policy, as detailed in the Post-Covid Development Strategy 2030 (PCDS 2030). This strategy aims to leverage emerging resources and embrace the digital economy as key drivers for future growth. The PCDS 2030 framework prioritises economic prosperity, social inclusion, and environmental sustainability, charting a course for Sarawak to achieve its objective of becoming a high-income developed region by the year 2030.
Recognition as a High-Income Region

Sarawak's sustained economic progress and advancements have been formally acknowledged by the international community. Last year, the state received recognition from the World Bank, which designated it as a high-income region. This accolade reflects the cumulative economic achievements and the effectiveness of the development strategies implemented over the decades.
Historical Context of Economic Competitiveness

Since joining the Federation of Malaysia 61 years ago, Sarawak has consistently strived to enhance its economic standing and foster competitiveness across various sectors. This long-term commitment to economic advancement has laid the groundwork for its current development trajectory and its emergence as a significant economic entity within Malaysia.

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How has Sarawak advanced economically in the 61 years since joining Malaysia?

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