Kota Kinabalu: The State Government should to establish a “Sovereign Wealth Fund” to help Sabah make strategic investments.
Luyang Assemblyman Phoong Jin Zhe, said Sabah should emulate Sarawak on such initiative that was presented in the Sarawak Assembly and which was approved last week.
He noted that the revised revenue estimate for 2022 would reach RM6 billion, a positive development if bring good for the people of Sabah if we manage this revenue wisely.