Sarawak government borrowing RM13bil to fund major infrastructure projects

Photo Credit: Rainforest World Music Festival – RWMF

KUCHING: The Sarawak government is borrowing some RM13bil to fund major infrastructure projects.

Among the major infrastructure projects is the Rambungan project, one of the nine bridge projects across major rivers that would provide the missing links of the existing Sarawak Coastal Road network, which spans 896km from the south to the northern region. Motorists currently rely on ferry services to cross these rivers. The ferry at Rambungan currently serves an average of 2,800 vehicles a day, according to The Star Online

The loan is taken from Development Bank of Sarawak (Debos), and it could be settled over four years, said Chief Minister Datuk Patinggi Abang Johari Tun Openg.

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