Invest Sabah is stepping up efforts

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Kota Kinabalu: Government-linked company, Invest Sabah Berhad, is revving up its efforts to drive economic growth and attract quality investments to Sabah aligned with the Sabah Maju Jaya plan.

Its recent achievement includes collaborating with the State Industrial Development and Entrepreneurship Ministry, Sabah Young Business and Industry Leaders Network and China’s Jiangxi. The partnership aims to leverage Jiangxi’s booming manufacturing sector and capitalize on its impressive GDP growth, which ranks first among all Chinese provinces.

“Jiangxi’s robust manufacturing sector and impressive economic performance make it an ideal partner for achieving our goals,” he said when met at the recent Jiangxi China – Sabah Malaysia Business Forum 2024 held at Shangri-La Tanjung Aru Resort and Spa, here. The forum was organised by the Sabah Industrial Development and Entrepreneurship Ministry in collaboration with Sybil and Invest Sabah Berhad.

“The focus sectors for the collaboration encompass agriculture, manufacturing, tourism, green energy, mining, infrastructure, pharmaceuticals and medical industries. “These sectors align with Sabah’s economic priorities and offer significant potential for growth and development,” said Firdausi. Firdausi said the expected benefits for Sabah from this partnership are multifaceted, including increased business investments, job opportunities, technological advancements, knowledge transfer, and expanded exports.

 

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