Sarawak focuses on energy security and education in 2027 Budget

The Sarawak 2027 Budget emphasizes energy security and human capital development as primary strategies to strengthen the state's economic resilience against global geopolitical uncertainties. Experts suggest that securing stable energy supplies and producing a highly skilled workforce are essential to maintaining competitiveness amidst international supply chain disruptions and volatile energy prices.

Strengthening the oil and gas ecosystem through Petroleum Sarawak Berhad (PETROS) is identified as a critical step for managing resources strategically and stabilizing production costs. Additionally, Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg highlighted the necessity of a robust economy to retain local talent. He noted that the state must provide sufficient skilled career opportunities to prevent qualified professionals from seeking employment outside Sarawak.