KOTA KINABALU: Sabah is determined to push the investment momentum from China
and to ensure the state will remain an attractive destination for investments, said Chief
Minister Datuk Seri Panglima Hajiji Noor.
He said Sabah’s economic ties with China are driven by strong trade, investment, and
collaborative projects across sectors.
“For the manufacturing sector, our state has received RM3.07 billion in investments from
China to date, which have created 3,086 jobs. These investments involved solar glass
manufacturing, silica and processing, food manufacturing, rubber products, wood-based
products, and plastic products.
“I have stressed from the onset that we are investor-friendly, and we will ease all hurdles
to facilitate investments. In this respect, Sabah also looks forward to increased
cooperation with China in green energy, manufacturing, high-technology agriculture, and
smart city construction, among other areas, to promote mutual benefits and win-win
partnerships,” he said.
“The cooperation between Malaysia and China has advanced significantly, with both
countries continuously working together to promote mutual interests, and I am confident
that this partnership will continue to flourish,” he said at the opening of the Seventh
Global Longchuan Association Conference, the first to be hosted outside of China at the
Sabah International Convention Centre, here today.
Industrial Development and Entrepreneurship Minister Datuk Phoong Jin Zhe delivered
his speech.
The Chief Minister said the energy sector presents significant opportunities, and while
oil and gas remain important revenue streams for Sabah, “we welcome investors to also
explore the Blue Economy, solar and storage technologies, hydro, geothermal and
carbon market opportunities.”
“I am pleased to know that we have participants of various backgrounds, including
entrepreneurs, with us here today. We encourage you to learn more about Sabah and
its investment potential and welcome all of you to invest here,” he said.
The Chief Minister said in addition to strong bilateral relations, the other aspect worth
mentioning was the strong family ties the Longchuan clan has in common with Sabah.
“There is a very large Longchuan community here in Sabah with over 100,000 people of
Longchuan origin. Many of you have relatives here too, and I am sure that will make
your visit to Sabah so much more meaningful.
“Thank you to Dr. Wu Huiquan, the Global Longchuan Chairman and his board members
for choosing to host this conference in Sabah. Thank you too to Mr. Chong Su Leong,
President of the Malaysia Longchuan Association and your Central Committee members
for inviting me to address this conference,” he said.-pr/BNN
