Home English News Sabah Attracts RM336 Million In Investments In First Two Months Of Year

Sabah Attracts RM336 Million In Investments In First Two Months Of Year

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sabahKOTA KINABALU, April 16 – Sabah received RM336 million in domestic and foreign investments in the first two months of this year according to Malaysian Investment Development Authority, said Deputy Chief Minister, Datuk Raymond Tan Shu Kiah.

He said the momentum of investment inflow, especially into manufacturing sector, was encouraging and the government would continue its efforts to attract more investors.

“Based on Statistics Department data, the manufacturing sector in the state offers vast job opportunities. In 2011, there were 21,795 vacanies, 2012 (11,358) and in 2013 (10,322),” he said.

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Tan, who is also Minister of Industrial Development, said this in winding-up debate of his ministry at the Sabah State Legislative Assembly here today.

He said the manufacturing sector also helped boost the growth of small and medium enterprises in the state, from 24,798 to 40,884.

– BERNAMA