KUCHING: The Sarawak Sovereign Wealth Future Fund (SSWF) is expected to continue growing progressively with a focus on portfolio diversification, aligned with long-term strategies and established risk tolerance levels.

Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan stated that the fund has shown positive progress as it moved into the investment implementation phase in 2025.

According to him, these initial steps involve investments in fixed-income instruments at both domestic and global levels, based on the principle of capital preservation as the foundation of fund management.

“At the same time, efforts to become part of the global investment community—including participation in international forums—reflect this fund's aspiration to grow as a world-recognised financial institution operating according to global standards,” he said.

He said this during the SSWFFB Hari Raya Banquet, which was graced by Sarawak Governor Tun Pehin Sri Dr Wan Junaidi Tuanku Jaafar,l and his wife, Toh Puan Datuk Patinggi Fauziah Mohd Sanusi at the Sarawak Legislative Assembly (DUN) complex on Wednesday.

He added that the success of the fund does not depend on a single party but is the result of close cooperation between various entities, including government agencies, strategic partners, advisors, and all stakeholders.

He expressed hope that the SSWF will continue to play a vital role in supporting Sarawak’s development aspirations, serving as a catalyst for the state's long-term prosperity.

Also in attendance were Sarawak Deputy Premier Datuk Amar Prof Dr Sim Kui Hian, Sarawak DUN Speaker Tan Sri Datuk Amar Mohamad Asfia Awang Nassar, Minister in the Premier's Department Dato Sri John Sikie Tayai, and other dignitaries. — UKASnews

Prepared by: Ahmad Daniel Faiz
Photo: Jaed Tepus
Translator: Ryan Lim