KUCHING, Oct 6 2026: Deputy Premier Awang Tengah Ali Hasan today said a "Master Plan to Enhance the Competitiveness of SMEs in Sarawak," is a long-term roadmap to boost the competitiveness, resilience, and sustainability of small medium enterprises (SMEs) in the state.
Awang Tengah,m who is also the International Trade, Industry and Investment Minister, said the master plan focuses on innovation and digitalization, access to financing and markets, as well as capacity building and the strengthening of the entrepreneurship ecosystem.
"It is expected to enable local enterprises to benefit from investment growth through job creation, technology transfer, vendor development, and broader participation in supply chains," he told reporters after chairing the main committee meeting of Sarawak Entrpreneur Development Coordination
He said between 2021 and 2025, Sarawak recorded over RM116 billion in approved investments, while an additional RM11.2 billion was approved across the primary, manufacturing, and services sectors for the first half of 2026.
He added more than RM950 million has been jointly mobilised by the federal and Sarawak government agencies from January to October of this year to strengthen the entrepreneurship ecosystem through financing, capacity building, training, and market access.
"The strategic collaboration between the Sarawak government, through the Ministry of International Trade, Industry and Investment (MINTRED)—and UNIMAS Holdings Sdn Bhd also saw the appointment of six cluster heads - Business Premises and Incubators; Marketing; Research and Innovation; Financing Funds and Equipment; Digital; and Capacity Building.
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