Chamber backs Sarawak government’s Federal Court petition on O&G laws
by Lim How Pim · Borneo Post OnlineKUCHING (Feb 28): The Sarawak Chamber of Commerce and Industry (SCCI) formally affirms its strong support for the Sarawak government’s petition to the Federal Court.
In a statement, the chamber said this legal move seeks vital judicial clarification regarding the constitutional applicability of the Petroleum Development Act (PDA) 1974, the Continental Shelf Act 1966, and the Petroleum Mining Act 1966 within the state.
“We view this petition as a matter of paramount constitutional and economic significance,” said SCCI in a statement yesterday.
By pursuing an authoritative determination through the Federal Court, the chamber said Sarawak was demonstrating a responsible and orderly approach to resolving long-standing questions over legislative authority and resource jurisdiction.
“The oil and gas sector, as a cornerstone of Sarawak’s economic ecosystem, remains a strategic driver of investment confidence, industrial growth and sustainable development.
“Thus,. clear legal delineation is essential in providing the investors the assurance necessary for long-term capital commitments.
“While regulatory certainty directly influences supply chains and job creation, a definitive judicial interpretation will foster a more transparent framework for managing Sarawak’s natural resources,” it said.
The SCCI also emphasised the need for continued, constructive engagement between state and federal authorities.
“This collaboration is vital to ensure that Sarawak’s economic interests are strengthened without compromising the stability of the national investment environment,” it said.
As a leading advocate for the business community, SCCI pledges to remain dedicated to initiatives that promote the clarity, confidence and sustainable growth required to benefit Sarawak and its people.