Sabah to receive RM33.4b in total investments – Hajiji

4 April 2023

By Wartawan Nabalu News

TUARAN: The Sabah government has approved 89 projects worth RM11.5 billion that will create 4,566 jobs in the state since the Covid-19 pandemic until last year, Chief Minister Datuk Seri Hajiji Haji Noor announced.

He said the approved investments included RM9.2 billion in foreign direct investments (FDI) and RM2.3 billion.

Hajiji said 72.9 per cent of the investments or RM8.4 billion was in the manufacturing sector, primary sector comprising agriculture, mining, commodity and plantation (RM1.6b) and the service sector (RM1.5b).

He also revealed that Sabah will receive another RM19.6 billion from the Integrated Green Steel project at the Sipitang Oil and Gas Industrial Park (SOGIP), which was signed in November 2022.

“With this Green Steel project and other investments in the process of implementation, Sabah will be receiving a total of RM33.4 billion,” he said after chairing the Sabah Economic Development and Investment Authority (SEDIA) meeting at the Shangri-La’s Rasa Ria Resort here.

Hajiji, who is also the chairman of SEDIA, said he wanted all applications and implementation of projects under the Sabah Development Corridor (SDC) to be better coordinated with set timelines and procedures.

He also welcomed the People’s Income Initiative (IPR) launched by the Economy Ministry on Feb 26, 2023, which will help to ease the burden of the hardcore poor and the B40 income group through programmes such as Usahawan Tani (INTAN), Usahawan Makanan (INSAN) and Service Operator (IKHSAN).

Later, Hajiji attended a breaking of fast event with SEDIA board members and 100 orphans and students from four homes and Tahfiz centres in Tuaran where he presented contributions to them.