Sabah has great potential to attract investments - Muhyiddin

Sabah has great potential to attract investments - Muhyiddin - Hello loyal readers FeedGoogle, In the article you are reading this time with the title Sabah has great potential to attract investments - Muhyiddin, We have prepared this article well for you to read and take information in it. hopefully the contents of the post Article Malaysians, what we write you can understand. Alright, happy reading.

Sabah has a great potential in attracting domestic and foreign investments due to its strategic location in the region as well as its wealth of natural resources, said Prime Minister Muhyiddin Yassin.Muhyiddin (photo, above) noted that the Sepanggar Bay Container Port in the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP-EAGA) has the potential to attract foreign investments, subsequently boosting job opportunities and the socio-economic status of Sabahans."I understand that the total trade in Sabah in 2020 stood at RM79.5 billion, with exports valued at RM41.4 billion and imports at RM38.1 billion."Meanwhile, the manufacturing sector’s investments approved by the Malaysian Investment Development Authority (Mida) for Sabah in 2020 stood at RM11.95 billion, involving 15 projects," he said when officiating the Shared Prosperity Visio…