Sarawak My Rich State?

1. The federal government has announced the intention to make Malaysia a high income economy. I wonder this concur with other Malaysian state government’s political strategy.
2. What comes with a higher income economy should be financial freedom. If majority of the population are wage earner, would high income economy mean anything to them.
3. If Sarawakian were genuinely encourage joining the fray in achieving a high income economy someday, what happen to the future of the government of the day who have only experience leading wage earner society. Generally, in a high income society, cost of living would increase as the state attains the high income economy standing. The rise in income may not increase the purchasing power of the wage earner.
4. In Sarawak, nearly all bumiputera are either servant to the government or servants in private establishments. Surprisingly many Sarawakians do extremely well outside the state; these include a number of its leaders.
5. This will mean that the people will for the time being lived below their means and stay well behave that way while help is on the way. If there is to be an increase in income, it must be carefully planned so that it would result in increases of purchasing power and not inflation.
6. Among other thing we can consider is to increase sustainable income through increase in efficiencies. We can increase business productivity via efficiencies by acquiring superior techniques and technologies and set up our own companies to produce our very own high technology products. Too bad, we seem to be a contrarian, we adopted the opposite strategy by inviting foreign investors to set up labor intensive industries in SCORE, example, Aluminum smelting, Glass sheets manufacturing, steel milling etc. Obviously these industries will pay low wages, but big money for the foreigners.
7. Beside that, we may also think about inviting successful Sarawak owned companies that had gained the skills and business acumens overseas to help develop their home turf. The Government should persuade these Sarawakian owned enterprises to branch back home and at the same time develop successful local companies to go global. This means better income for our people and better wages for the Sarawak people.