BRIEFED......Musa (3rd right) being briefed on a product on display by a foreign representative, watched by Peter (left), Raymond, Adeline and others.
THE STATE government strives to create a coducive environment for business and investment and investors can be assured that Sabah is politically stable and peaceful as is true of Malaysia as a whole.
“We also have clear and defined economic and development policies that do not change overnight and that itself is an assurance of stability,” Chief Minister Datuk Seri Musa Haji Aman said in his speech at the 2012 Sabah Oil and Gas Conference and Exhibition here yesterday.
The government, he added, was also committed to providing sufficient and efficient utilities and infrastructure facilities, and much of its development budget in fact was allocated for such purposes.
Musa, who is also Finance Minister, said the state government was fully committed to the development of the oil and gas industry.
“We have been engaging with the federal government in the area of provision of funds for physical development of infrastructure and industrial facilities and with Petronas on matter such as gas supply.
“We will work with Petronas and the Malaysian Investment Development Authority (MIDA) to attract investors to establish oil and gas industrial activities in the state,” he said.
He also said there were a number of gas-related projects in various stages of development and they included the Sabah Oil and Gas Terminal (SOGT) in Kimanis, the Sabah-Sarawak Gas Pipeline, gas-fired power plants in Kimanis and Lahad Datu.
These projects were generating investments, creating quality jobs, developing a whole range of value chain activities and ultimately will improve socio-economic development.
“It is worthwhile to mention that the urea and ammonia plant alone is estimated to bring in about RM4.5 billion worth of investment value and provide about 2,450 jobs as well as employment for some 2,000 people during the construction of the facilities,” Musa added.
The Chief Minister also reminded the oil and gas sector on the need to constantly place emphasis on environmental and health safeguards.
“As stated in a number of plans, sustainable development is key to seeking balanced growth for the nation and state.
“The decision to form oil and gas industrial clusters will allow for better monitoring of environmental rules and regulations and I trust players in this very important sector will always be mindful of their responsibilities to the planet and people,”he stressed.
Meanwhile, Musa said the government also give priority to human capital development and that apart from tertiary institutes, there were a number of skills training and research centres focusing on meeting Sabah’s specific human resource needs.
To promote industrialisation, the Chief Minister said the government has also developed modern and well-equipped industrial parks like the Kota Kinabalu Industrial Park (KKIP) and Palm Oil Industrial Cluster (POIC) in Lahad Datu and Sandakan.
Apart from oil and gas, there were opportunities in a range of other sectors such as spin-offs from oil palm, agriculture and the services sectors that include the all important tourism industry.
Also present yesterday were Deputy Chief Minister Datuk Yahya Hussin, Minister of Industrial Development, Datuk Raymond Tan Shu Kiah, Minister of Youth and Sports, Datuk Peter Pang, Petronas Carigali vice-president, Mohd Johari Dasri, organising chairperson Datuk Adeline Leong as well as over 250 participants including from five foreign countries.
Sabah harus menarik lebih ramai pelabur
ReplyDeletemoga lebh ramai pelabur datang ke Sabah.
DeleteSabah memang Negeri yang baik untuk perniagaan. Tambahan lagi sekarang ramai pelabur yang datang ke Sabah. Ini akan dapat meningkatkan ekonomi Negeri tersebut.
ReplyDeleteSabah memiliki hampir semua yang diperlukan oleh pelabur untuk melabur di negeri ini.. syabas kepada kerajaan negeri di bawah pentadbiran Musa Aman kerana berjaya memanfaatkan potensi Sabah untuk merancakkan pembangunan ekonomi di negeri ini..
ReplyDeleteA U.S. food company, Dole is keen to invest overRM1 billion in the food and fruits industry in Sabah.
ReplyDeleteSpeaking to reporters after opening the Putatan Agriculture Expo here yesterday, Chief Minister Datuk Seri Musa Haji Aman said further discussions were ongoing to pick a suitable joint venture partner from among the state agencies.
ReplyDeleteAlso president were Deputy Chief Minister cum Agriculture and Food Industry Minister Datuk Yahya Hussin and his two deputies Datuk Bonney Suan and Datuk Musbah Jamli, State Secretary Datuk Sukarti Wakiman, the agriculture ministry’s permanent secretary Datuk Ujang Sulani and state agriculture director Datuk M.C. Ismail Salam.
ReplyDeleteA suitable location is also being identified.They (Dole) – a big company in the food and fruits industry – have already expressed interest to have this partnership.
ReplyDeleteThe American firm was keen to invest in Sabah because the state was peaceful and conducive for investment.
ReplyDeleteMusa also said Sabah could become a major food producing state in the country.
ReplyDeleteEarlier in his speech, he said farmers, livestock breeders, planters as well as fishermen needed to intensify efforts and be adept in using technology for the sake of progress.
ReplyDeleteThis is the hope of the state government so as to debunk the perception that they ( farmers, livestock breeders, planters ) are backward but are people capable of earning a good income and whose socio-economic status has improved.
ReplyDeleteHe said the government through the Ministry of Agriculture and Food Industry has implemented programmes to raise the socio-economic status of the people and this was made possible with new discoveries which resulted in higher agriculture yields and income for the farmers.
ReplyDeleteMusa also said the government encouraged farmers to develop their land fully as there are many assistance schemes provided by the ministry.
ReplyDeleteThe Chief Minister said during the Ninth Malaysia Plan period, Sabah’s economy grew at a rate of five per cent annually, and that the agriculture sector contributed RM7.24 billion to the gross domestic product (GDP) in 2010 as compared with RM3.8 billion in 2005.
ReplyDeleteAgirulcure, he said, was a major contributor to the state’s economy.
ReplyDeleteIt is a key sector along with tourism and manufacturing under the Halatuju which was launched in 2003.
ReplyDeleteAnd, this economic development plan (Halatuju) is aimed to increase production of food for domestic and export markets, and subsequently to reduce dependence on imported food and raise self-sufficiency.
ReplyDeleteThe latest information and research discoveries available during the exhibition are useful for the developemnt of the sector.
ReplyDeleteOn the agriculture expo, Musa expressed confidence that it would benefit the target groups and all those involved.
ReplyDeleteThe Chief Minister also said cooperation from everyone was the key to making Sabah a major food producer in Malaysia.
ReplyDeleteHopefully similar expo will also be held in other districts so that the potential of these areas can be exploited.
ReplyDeleteThere are 12 areas of NKEAs which are oil, gas and energy; palm oil; financial services; tourism; business services; electronics and electrical; wholesale and retail; education; healthcare; communications content and infrastructure; agriculture; and Greater Kuala Lumpur/Klang Valley.
ReplyDeleteSpecifically these reforms include allowing foreign investors to hold majority stakes in most enterprises excluding "strategic" industries such as banking, telecommunications, and energy, easing insurance regulation, curtailing powers of the Foreign Investment Committee and lowering the minimum quota for Malay ownership in publicly traded companies from 30 percent to 12.5 percent.
ReplyDelete