KUCHING, May 4 -- Sarawak is placing emphasis on strengthening a knowledge-based economy driven by 'brain power' and expanding its global connectivity as key pillars shaping the state's future, said the Premier.

Tan Sri Abang Johari Openg said the state must move away from its reliance on finite natural resources such as oil and gas, and instead focus on building an economy anchored on knowledge, innovation, and human capital.

He stressed the importance of sound financial management, noting that the Sarawak Sovereign Wealth Fund has reached RM8.6 billion as of last year and will be preserved for 20 years to ensure long-term economic stability.

"If we are strong in 'brain power' and manage our finances wisely, Sarawak's future will rema...