KOTA KINABALU: Sabah recorded RM16.75 billion in palm oil exports for the first nine months of 2011.
The oil palm industry contributed more than 30 per cent of the country’s total exports last year.
The other major export commodities were petroleum and forestry products.
Minister of Industrial Development, Datuk Raymond Tan Shu Kiah disclosed this at the State Assembly sitting here yesterday.
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| Datuk Raymond Tan |
He said the oil palm industry’s significant contributions could be seen in its export value and revenue as well as other direct and indirect contributions to the state economy.
Replying to a question from Luyang elected representative Melanie Chia, Tan said some 30 per cent of the country’s total production was from Sabah.
He also said the rapid expansion of Sabah’s oil palm industry, especially private plantations, had also contributed greatly to the revenue of the state.
“Apart from this, the contribution of the industry to the state’s economy can be seen in the form of direct income generated from property assessments and land premiums related to the operations of the oil palm industry.
“There are 124 palm oil mills, 11 palm oil refineries and 14 palm kernel crushers in Sabah as well as palm oil downstream industries.
“In view of the industry’s positive contribution to economic growth , the government will ensure that strategies and programmes to develop the industry will be carried out effectively,” he said.
And, he added that, the development of the Lahad Datu Palm Oil Industrial Cluster (Lahad Datu POIC) was one of the strategies to develop the sector.
This effort is expected to increase the growth of the palm oil downstream industries in Sabah and bring more benefits to the people and the economy, especially in the creation of more jobs, investment and revenue.
Read More: http://www.newsabahtimes.com.my/nstweb/fullstory/57420
Sabah is has contributed 30% of the country's exports with out Oil Palm, this is a significant contribution.
ReplyDeleteOil Palm are one of our state's main produces to boost Sabah's economy. Our government has also made lots of effort to encourage our local Palm oil industry.
ReplyDeleteSuch contribution increase state revenue.
ReplyDeletethe development of the Lahad Datu Palm Oil Industrial Cluster (Lahad Datu POIC) was one of the strategies to develop the sector.
ReplyDeleteSemoga POIC Lahat Datu membantu membaiki hasil kepala sawit yang lumayan.
Perkembangan ekonomi yang berterusan membantu membaiki taraf hidup penduduk.
ReplyDeletePerkembangan industri kelapa sawit memberi lebih banyak peluang pekerjaan kepada orang tempatan.
ReplyDeleteA great development in Sabah with more development plan and projek under BN.
ReplyDeleteGood planning with effective implementation lead to success.
ReplyDeleteHope to see this revenue to be increased in the future and more people can have the benefit from it.
ReplyDeleteGood job..Hope Sabah can increase export palm oil to world. Sabah has ability to produce more of palm oil.
ReplyDeleteyup,, hopefully the government will come up with more strategies and programmes to develop our oil palm industry..
ReplyDelete