KOTA KINABALU: The recent inaugural visit to South Korea by Industrial Development and Entrepreneurship Minister Phoong Jin Zhe was fruitful.
Phoong, in a statement, said the visit managed to attract potential investments amounting to approximately RM3.4 billion.
SPONSORED CONTENT K.T.I. achieves RM140 million sales Kota Kinabalu: K.T.I. Sdn Bhd’s The Logg, Luyang has launched Easy Care, its brand-new hospitality initiative, which aims to elevate the living experience by providing an all–in-one care to its residents at Shorea n Astoria. Read more “The investments are aimed at establishing the electric vehicle (EV) and battery industry chain in Sabah, envisioning the establishment of high-impact industries, creating quality employment opportunities, and paving the way for Sabah’s industrialisation and leapfrogging strategy,” he said, Friday.
The key focus of Phoong’s visit to South Korea was centred around enhancing the value chain of high-impact industries, particularly when the globe is shifting towards the electric vehicle and battery revolution.
“I hope Sabah can secure a significant role in this landscape, thereby giving rise to genuine high-impact industries and fulfilling his vision of providing the youth with promising job opportunities in Sabah,” he said.
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