Sabah hoping 40% net revenue issue can be resolved by June 30

TECHNOLOGY parks, once a widely adopted policy tool to bridge academia and industry for innovation and commercialisation, are becoming increasingly outdated.

KOTA KINABALU: Sabah hopes to get a clear answer on the long-awaited 40% net revenue owed to the state by June 30.

After asking 13 times without an answer, he said Sabah had decided to take the initiative to calculate the amount owed. "If there is still no decision by then, we can an independent assessor,” Kitingan said, adding that the outstanding amount could be used for the state's development and sort out its infrastructure issues.

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Sabah 40% Net Revenue Resolution Formula Deadline Jeffrey Kitingan Putrajaya MA63 Implementation Action Council

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