Kota Kinabalu: Sabah's economy remains driven by the industrial sector and investment with 2023 seeing RM11.346 billion in total investments, ranked 7th in Malaysia, according to Head of State Tun Juhar Mahiruddin.
The State Government plans to strengthen the Manufacturing Investment Task Force and develop new industrial parks to boost investor confidence in areas like green tech and food processing, he said in his policy speech at the opening of the fifth session of the 16th State Legislative Assembly, here, on Thursday
He said tourism also recovered, with 2.61 million arrivals in 2023. Priorities included expanding air routes, aggressive promotion and improving rural tourism infrastructure.
The government is also focused on human capital development, including STEM education and strengthening libraries, to enhance productivity and attract more investment.
SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya (SMJ) when it posted record high state revenue of RM6.973 billion last year. Read more * Read full report in tomorrow's print paper or log in or sign up for e-paper and premium online news access.
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