Sarawak - Economy

Economy

Sarawak has an abundance of natural resources. LNG and petroleum have provided the mainstay of the Malaysia federal government's economy for decades while State of Sarawak only get a 5% royalty from it. Sarawak is also one of the world's largest exporters of tropical hardwood timber and is the major contributor to Malaysian exports. The last UN statistics estimated Sarawak's sawlog exports at an average of 14,109,000 m³ between 1996 and 2000.

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