Sabah keen on Chinese investment in Blue Economy sector, says Hajiji

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Sabah & Sarawak Notícia

China,Sabah,Business Summit

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KOTA KINABALU: Sabah is keen to see Chinese investors explore new opportunities in the state's Blue Economy sector, says Chief Minister Datuk Seri Hajiji Noor.

“Sabah’s exports to China amounted to RM7.6bil or 19.5% of the state’s total exports in 2023 with key exports including palm oil, timber, seafood, and rubber while imports included machinery, electronics, and various manufactured goods,” he said after officiating at the Malaysia -China Business Summit on Friday night.

“Similarly, the energy sector presents significant opportunities while oil and gas remain important revenue streams for Sabah. We welcome investors to also explore solar and storage technologies, hydro, geothermal, and carbon market opportunities," he added.

 

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