Asia Economy

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What kind of policy is being shaped to support downstream industrial development?

 

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...

How can Kota Kinabalu (KK) real estate developers help attract more tourists?

 

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...

 

What progress has been made in terms of establishing Sabah as a key trading hub?

 

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...

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