Sabah

Displaying 7 - 12 of 35
Efforts to broaden the role played by agriculture in Sabah’s economy are gathering strength as the state drives forward a raft of ambitious programmes ranging from encouraging agro-tourism to addressing food security concerns.
Solid investment figures and praise for the state’s financial management have been among the highlights in a year that has seen stable economic growth for Sabah. The focus will now shift to ensuring that budget programmes designed to build on those achievements are implemented properly.
Plans to upgrade Sabah's external and internal transport links are seeing progress as the state welcomes steadily increasing investment thanks to its development corridor initiative. Nevertheless, challenges remain in the shape of rival logistics destinations.
Efforts to harness Sabah’s abundance of natural resources for downstream industries look to be paying off, with figures showing that investment in the state’s manufacturing sector is rising.
The positive assessment of recent progress at Sabah’s state banks underlines the confidence in the potential of its financial services sector, particularly in the area of Islamic finance.
Significant investment in Sabah’s fertiliser manufacturing capacity raises the prospect of a symbiotic relationship with the pivotal palm oil segment, which could benefit the industry sector as a whole.

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