Sarawak govt to table State Ownership Policy in November
The Sarawak government will table the State Ownership Policy during the tabling of the state 2026 budget at the state assembly meeting next month, says premier Abang Johari Openg.
Abang Johari said the policy aims to consolidate and safeguard the state’s assets under a stronger governance framework to clearly define how Sarawak exercises ownership.
He said it is also to ensure that state-owned enterprises (SOEs) operate with commercial discipline, social responsibility, and long-term sustainability, in line with the Post-Covid-19 Development Strategy 2030.
“SOEs play a crucial role as the bridge between the government and private sector, serving not only as commercial entities but also as strategic arms of the state in advancing industrialisation, ensuring energy security, and…
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