 |
| Datuk Raymond Tan Shu Kiah |
KOTA KINABALU: Sabah with a total investment of more than RM13 billion in 2011 is ranked third after Sarawak and Penang.
Industrial Development Minister Datuk Raymond Tan Shu Kiah said that according to the figures provided by Malaysian Investment Development Authority (MIDA), Sabah is not too far away from Sarawak which had recorded about RM14 billion in investment last year.
“The RM13 billion plus figure however has not taken into account the investment from the Oil and Gas industry meaning that the outlook for Sabah is very positive,” Raymond said in his speech when officiating at the Polytechnic Commercial Centre (PCC) which is located within KKIP here yesterday.
Speaking to reporters later, Raymond said that MIDA’s figures gave the state Government some indication as to how successful it is in terms of getting investments into Sabah.
0 comments:
Post a Comment