SARAWAK’s economy is expected to grow around 4.5 per cent to 5.0 per cent in 2025.
Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the services sector which contributes almost 40 per cent to the state’s economy, is expected to expand by 6.4 per cent in 2025.
“This growth is supported by improvement in the tourism and hospitality industry, with business visitors, investors, and tourist arrivals increasing by 7.0 per cent between January and September 2025 compared to the same period last year.
“The mining sector is expected to record stronger performance this year, with growth projected at 3.6 per cent,” he said.
He said this during the third session of fourth term of the 19th State Legislative Assembly (DUN) sitting.
He added that the manufacturing sector is projected to grow moderately between 2.0 per cent and 2.5 per cent which reflects a temporary moderation in liquefied natural gas (LNG) output due to unplanned downtime and planned shutdown activities, including at the Bintulu crude oil terminal.
Meanwhile, the agriculture sector is expected to record moderate growth, with crude palm oil (CPO) production expanded by 1.7 per cent from January to September 2025.
“The productivity improved, with fresh fruit bunch yields increasing from 10.97 tonnes per hectare in 2024 to 11.17 tonnes per hectare in 2025, while over the same period, the average CPO price in Sarawak stood at RM4,258 per tonne.
“This sector is projected to expand by 1.6 per cent in 2025,” he said.
He added that during the first eight months of 2025, exports of liquefied natural gas (LNG) and crude petroleum contracted by 17.9 per cent and 20.3 per cent, respectively, in line with the lower average Brent crude oil price of around USD69 per barrel.
“Conversely, exports of CPO increased by 3.5 per cent in value, supported by higher prices,” he added.
Additionally, he also said that the construction sector is expected to maintain strong momentum, with growth projected at 9.4 per cent in 2025.
