KUCHING, Oct 9: The federal government will begin formal negotiations with Sarawak to finalise the framework for developing the Sibu Special Economic Zone (SEZ), including investment incentives, a one-stop investment facilitation centre and strategic infrastructure requirements.
Prime Minister Datuk Seri Anwar Ibrahim said the Sarawak government had expressed its commitment to developing the proposed economic zone.
The negotiations will focus on establishing the necessary framework and facilities to facilitate investment and support the zone’s development.
Anwar, who is also Finance Minister, said this when tabling Budget 2027 in the Dewan Rakyat today.
