Pilih Bahasa

Sabah aims to become an industrial state 10 years from now

BERAKAS, Brunei: The State Goverment is very serious in developing the industry sector in Sabah.

“We aim to be an industrial State in 10 years,” said Deputy Chief Minister cumMinister of Trade and Industry, Datuk Seri Panglima Wilfred Madius Tangau.

Madius with some of the Sabah entrepreneurs at the Fair. SNT Pix/Credit MTI

“I know it is not an easy task and there will be difficult challenges to face, but we must have some target and goals, first, and, hopefully, it will create job opportunities for locals, especially youths.

“This is in line with the state current policy to increase employment opportunities and enhance our State’s economy,” he added.

Presently, there are four industrial parks in Sabah, namely the Sipitang Oil and Gas Industrial Park (SOGIP), Kota Kinabalu Industrial Park (KKIP), POIC Lahad Datu and Sandakan Furniture Park, and more similar ventures are in the pipelines.

“Apart from the clear and focused State Government economic policy and the business friendly Government, Sabah also has much to offer in terms of political stability and social harmony.  

Madius and Dr Hj Awang Abu Bakar in a light moment during the opening ceremony. SNT Pix/Credit MTI

“I would like to take this opportunities to invite you to visit Sabah and experience for yourselves the stability of our State has to offer,” said Madius in his speech when officiating the Sabah Trade & Investment Seminar in Brunei in conjunction with the 23rd Consumer Fair at the ICC Berakas, here today.

“It is our policy to welcome both foreign and domestic investment, be it in the form of capital or collaboration in marketing or technology,” he said, adding Sabah  has targeted oil and gas, furniture, agriculture, tourism and manufacturing to spearhead the state’s economic development.

The seminar was attended by industry players from several countries in the region.
Earlier, the Fair was opened by the Brunei Home Affairs Minister Dr Hj Awang Abu Bakar bin Haji Apong.

Over 400 booths including 16 from Sabah are taking part in the event which will conclude on Saturday. -SabahNewsToday