Kota Kinabalu: Sabah’s economy has recovered and grown since the Covid pandemic with Kota Kinabalu Industrial Park (KKIP) experiencing significant growth with major investments.
These include the RM4.2 billion project by South Korea’s SK Nexilis and RM3 billion manufacturing facility by SBH Kibing Solar, both expected to create thousands of jobs and boost the local economy as well as the role of Sabah’s micro, small, and medium entrepreneurs (MSMEs).
The Sabah Maju Jaya (SMJ) initiative, which aims to drive economic growth and development across Sabah, integrates MSMEs into its economic development plan by emphasising their role in diversifying the economy, creating jobs, and fostering innovation.
Sabah Finance Minister Datuk Seri Panglima Masidi Manjun said this at the Credit Guarantee Corporation Bhd (CGC) Appreciation Dinner on Monday.
