UTS targets greater financial self-reliance, stronger governance by 2030 under Sarawak-owned enterprises’ reforms
By Christine T SIBU, Nov 14: The University of Technology Sarawak (UTS) is targeting greater financial resilience, operational efficiency and stronger governance practices by 2030 under the Sarawak government’s State-Owned Enterprises (SOEs) Transformation Programme. Premier and UTS Pro-Chancellor Datuk Patinggi Tan Sri Abang Johari Tun Openg said the university had developed and submitted comprehensive strategies, key initiatives and financial projections under the Sarawak SOEs Transformation…
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Key takeaways
The University of Technology Sarawak aims to improve financial resilience and governance by 2030 under the Sarawak SOEs Transformation Programme. Premier Abang Johari stated that SOEs are essential for the state's economic growth and GDP targets.
UTS submitted strategies and financial projections under the Sarawak SOEs Transformation Programme.
Abang Johari highlighted SOEs as key drivers for economic growth and infrastructure development.
The state targets a GDP of RM282 billion by 2030, relying on SOE contributions.
Summarised automatically by AI from the original article by DayakDaily. AI can make mistakes, so check the original for details.
SIBU, Nov 14: The University of Technology Sarawak (UTS) is targeting greater financial resilience, operational efficiency and stronger governance practices by 2030 under the Sarawak government’s State-Owned Enterprises (SOEs) Transformation Programme.
Premier and UTS Pro-Chancellor Datuk Patinggi Tan Sri Abang Johari Tun Openg said the university had developed and submitted comprehensive strategies, key initiatives and financial projections under the Sarawak SOEs Transformation Programme, and pledged to implement them as outlined in its Transformation Playbook.
He said UTS participated this year in the Financial Self-Reliance and High-Performance Study for State Statutory Bodies and Government-Linked Companies, an initiative aimed at strengthening governance, institutional performance and financial sustainability among Sarawak State-owned entities.
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