Sabah remained investment destination in 2021 despite pandemic: Phoong

  • 📰 DailyExpress_MY
  • ⏱ Reading Time:
  • 54 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 60%
  • Publisher: 83%

Sabah News

News,Newspaper,Headlines

Kota Kinabalu: Sabah's total investment in 2023 reached RM11.346 billion which included investments in the primary sectors, manufacturing and services.

Kota Kinabalu: Sabah's total investment in 2023 reached RM11.346 billion which included investments in the primary sectors, manufacturing and services.

State Industrial Development and Entrepreneurship Minister Datuk Phoong Jin Zhe said the total amount made Sabah the seventh-highest state in the country last year.Phoong also pointed out that in 2021, despite the impact of the Covid-19 pandemic, Sabah remained one of the investment destinations in the country

"In 2021, Sabah's total investment reached RM6.045 billion. In 2022, Sabah received a total investment of RM11.561 billion in various sectors," said Phoong answer at the State Legislative Assembly on Monday. SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya when it posted record high state revenue of RM6.973 billion last year. Read more Stay up-to-date by following Daily Express’s Telegram channel.

* Follow us on Instagram and join our Telegram and/or WhatsApp channel for the latest news you don't want to miss.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sabah seeking investment collaboration with Australia, says PhoongKota Kinabalu: The Sabah Government is seeking an investment collaboration with its Australian counterpart, said State Industrial Development and Entrepreneurship Minister Datuk Phoong Jin Zhe.
Source: DailyExpress_MY - 🏆 3. / 83 Read more »