Kota Kinabalu: Sabah China Chamber of Commerce (SCCC) President Datuk Frankie Liew urged Malaysians, especially Sabahans, to be politically mature, neutral, pro-business and people-friendly to ensure high investment security for foreign capital, including Chinese enterprises.
“The current political environment in Malaysia and Sabah is very mature and stable. Even during past power transitions, there were no unpleasant incidents.
Advertisement (adsbygoogle = window.adsbygoogle || []).push({});“Therefore, investing in Malaysia, especially in Sabah, whether for diversifying or relocating capacity or exploring new markets, guarantees high levels of security,” he said.
He said this while receiving representatives from China-Malaysia Qinzhou Industrial Park Holdings Malaysia Co. Ltd., namely Deputy General Manager Liu Jie and Industrial Manager Tang Hongliang, at the Chamber’s premises in Kolombong, Friday.
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Both sides engaged in an in-depth exchange of information and views on topics such as bilateral trade and investment potential in Sabah.
Advertisement (adsbygoogle = window.adsbygoogle || []).push({});They expressed hopes for close future collaboration, mutual sharing of information and networks, resource integration and leveraging strengths to promote investment, trade and cultural exchange between Sabah and China.
Liu explained that the company is a state-owned enterprise established by the Guangxi China-Malaysia Qinzhou Industrial Park Investment Holding Group.
Advertisement (adsbygoogle = window.adsbygoogle || []).push({});Their goal is to introduce high-quality Chinese products, including from Guangxi, to Sabah and ensure the local population can access these goods. Additionally, they aim to export Malaysian and Sabahan products to China.
He said their company operates a showroom in Shanghai, which is open to SCCC members and local businesses interested in entering the Chinese market. Through this platform, they can connect with Chinese businesses and foster partnerships.
The company is also exploring industries in Malaysia with potential for development, including new energy, agricultural technology and recycled aluminum.
They are particularly focused on purchasing at least 50,000 metric tonnes of scrap aluminum from Malaysia by 2025 for processing into recycled aluminum in China.
Liu reiterated that Malaysia, including Sabah, remains a strategic base for their Southeast Asian operations, which also target markets like Thailand and Indonesia.
However, the main base will remain in Malaysia.
Frankie provided an overview of Sabah’s unique advantages, noting that while the Chinese population is not large, their ancestors migrated here over a century ago, bringing with them comprehensive Chinese culture, beliefs, education and traditions.
