TYT: Sabah's Per Capita Income Up

Monday, March 26, 2012

Yes! You heard it right! Sabah's Per Capita income have went up!

No! It's not a dream! the rate of unemployment in Sabah also dropped!

Read the following articles for more info! 


TYT:  Sabah's Per Capita Income Up
23rd March, 2012. 

KOTA KINABALU: Sabah’s per capita income in 2010 went up from RM14,829 to RM17,242.

And during the same period, the rate of unemployment also dropped from 5.6 per cent to 5.4 per cent.

 Head of State Tun Haji Juhar Haji Mahiruddin said this when opening the first sitting of the State Legislative Assembly’s fifth session here yesterday.

Tun Haji Juhar Haji Mahiruddin
He also said Sabah must shift from the low value commodity-based economy to one of high value and innovative that was knowledge- based.

 Tun Juhar said the dependence on several major commodities alone would not strengthen the state’s economy. And, he also stressed the need for development of the industrial and service sectors.

As a state that is rich with natural resources, I believe Sabah has the edge to further develop these two sectors,” he added.

Datuk Seri Musa Haji Aman
Commending the Chief Minister (Datuk Seri Musa Haji Aman) on his efforts to develop the oil and gas industry, the Governor also extended his appreciation to the Prime Minister (Datuk Seri Najib Tun Razak) for his support.

Tun Juhar said he was confident that with the commitment of the state government and the support and assistance of the federal government, the huge investment in the oil and gas sector would certainly boost Sabah’s economic growth.

“And this will also help ensure the success of the Economic Transformation Programme (ETP) in the state,” he added.


Tun Juhar also said RM77.5 billion was needed to carry out 31 entry point projects (EPPs) in Sabah.

He said the federal government would provide eight per cent of the amount to assist the private sector to kick off the projects.

“A comprehensive implementation plan for each of EPP is ready and I urge the private sector to seize the opportunity to invest in these EPP projects,” he said.

The EPPs, Tun Juhar said, would create 144,000 jobs by 2020.

He also said the federal government has allocated RM459.2 million to help start six high-impact projects worth RM5.15 billion.

The Governor added that the projects under the Sabah Development Corridor (SDC) had been implemented smoothly, with 98.4 per cent of the RM100.4 million allocation utilised last year.

And according to him, Sabah’s financial standing was strong as a result of competent and efficient management as well as proactive steps undertaken by the state government.

Meanwhile, Tun Juhar said Sabah had already spent 75.5 per cent of the state allocation and 74.9 per cent of federal allocation to undertake development projects last year.

 

9 comments:

  1. so this is definitely a good news for Sabahan that we are actually move forward, not backward.. and this is a proof that the government of the day has done a good job to make sure Sabah consistently on the right track to achieve the status of developed state by 2015..

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    1. I agree with you. The proof is in front of everyone eyes, but some choose not to believe & choose to trust all the lies that being said by the opposition...

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  2. Sabah’s financial standing was strong as a result of competent and efficient management as well as proactive steps undertaken by the state government.
    Thanks to our CM and the team..

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    1. Thats the truth. Sabah's financial standing is among the best in Malaysia. This achievement is possible when the Musa Aman is leading the government...

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  3. ini adalah perkara baik untuk Sabah, pengurusan ekonomi yang mampan pasti akan memantapkan lagi kedudukan ekonomi Sabah.

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  4. ETP and GTP as diverse sectors propelling the economy to compete globally.

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  5. teruskan membangunka ekonomi untuk Sabah. Semestinya usaha yang berterusan akan mampu mengekalkan dan meningkatkan ekonomi Sabah.

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  6. The Prime Minister is delighted to see a close working relationship between the Federal government and Sabah under the able leadership of Chief Minister Datuk Seri Musa Haji Aman.

    Datuk Seri Najib Tun Razak said this is a relationship that has also been facilitated by the recently established Sabah Economic Development & Investment Authority (Sedia) headed by the Chief Minister.

    Najib who is also Finance Minister said Sabah has been one of the most active states in bidding for the facilitation fund under this programme and projects.

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    1. Even the Prime Minister is happy with what Sabah have accomplished so far. Our Chief Minister, Musa Aman not only being complimented by his own team, the PM also do the same...

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