Sabah's economy resilience proven

KOTA KINABALU: Sabah has proven that its economy is resilient, demonstrating growth  despite challenges over the last few years, said Chief Minister Datuk Seri Panglima Haji  Hajiji Haji Noor. 

"We have done well in terms of investments across key sectors, attracting both domestic  and foreign investments.  

"For 2023, Sabah recorded RM11.34 billion in investments, placing it as the seventh  highest in Malaysia with 13.3 percent from the manufacturing sector alone.  

"These success stories demonstrated Sabah’s capability to attract global players in  diverse industries, ranging from high-tech manufacturing to renewable energy based  products highlighting the state’s growing reputation as an attractive investment  destination," he said at the Sabah Top Achievers 2024 Gala Awards Dinner held at the  Sabah International Convention Centre (SICC) here last night. 

Deputy Chief Minister II/Local Government and Housing Minister Datuk Dr Joachim  Gunsalam delievered his speech. 

Hajiji said the State Government’s focus on the three foundational pillars as outlined in  its development plan – the Hala Tuju Sabah Maju Jaya focusing on Agriculture, Industry,  and Tourism; Investing in the People and Enhancing Connectivity with a Green  Approach, has set us in the right direction to develop Sabah over a five-year period from  2021. 

In this respect, he said entrepreneurs, corporate leaders, and innovators being honoured  at the Sabah Top Achievers Gala Award have played an integral role in this success,  driving forward the state’s progress and ensuring that Sabah continues to be a strong  and vital contributor to the national economy. 

"Going forward, I am certain that events like this Sabah Top Achievers 2024 will elevate  Sabah's standing, both nationally and internationally, by celebrating talents and success  stories from the state. May your success inspire future generations to actively contribute  towards the growth and progress of Sabah," he said  

Ends