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| Datuk Seri Panglima Yahya Hussin |
KOTA KINABALU: The Sabah state government is in the process of
transforming the local economy from one that is purely resourced based
to one that is more diversified and knowledge driven.
“In the manufacturing sector, Sabah’s focus is mainly on agriculture, bio-mass, and the oil and gas industry; tourism remains as a viable alternative exploitation,” Deputy Chief Minister Datuk Seri Panglima Yahya Hussin said.
“Sabah is the largest producer of crude palm oil in Malaysia and the Palm Oil Industrial Cluster (POIC) in the east coast is one of the venues for the state to venture into downstream processing of palm oil products,” he added.
Speaking at the welcoming dinner for the sixth Brunei Indonesia Malaysia Philippines – East Asean Growth Area (BIMP-Eaga) Heads of Customs meeting last night, Yahya pointed out that in order to facilitate such a wide variety of economic activities, the meeting might want to explore how the rules and regulations of customs administration could be streamlined and standardized across the region.
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