Employing around one-third of the state’s population while contributing about a quarter of its GDP, agriculture has long been a lynchpin of Sabah’s economy. At the same time, the plantations sector has recently developed not only as a provider of food but of fuel, making the oil palm segment a key player in the state’s energy plans. The use of...
Known as the “Land Beneath the Wind”, Sabah is undergoing some important changes these days, with its economy gearing up for a major stride forwards. Previously one of Malaysia’s poorest states, it is now a dynamic area for growth with new discoveries and investments in oil and gas, the development of a downstream industry for palm oil, and a...
With property development now the third-largest contributor to gross development value (GDV) in Sabah, after palm oil and oil and gas, the state’s construction and real estate sector is a major pillar of the local economy. Concentrated on the west coast, particularly in and around the capital, Kota Kinabalu, real estate prices have risen in...
With Sabah placing the development of human capital and innovation at the centre of its future wealth creation, health and education have undergone a major boost in recent years. The sectors have also become major targets for investment. All this is being strongly assisted by both the state and federal authorities, which aim to see the private...
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