Sabah investments third largest in first quarter

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Sabah investments third largest in first quarter
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Kota Kinabalu: Sabah recorded approved investments totalling RM10.9 billion for the first quarter (1Q) of this year, representing the third highest in Malaysia after Selangor and Kuala Lumpur, the Sabah State Legislative Assembly was told Tuesday.

Kota Kinabalu: Sabah recorded approved investments totalling RM10.9 billion for the first quarter of this year, representing the third highest in Malaysia after Selangor and Kuala Lumpur, the Sabah State Legislative Assembly was told Tuesday.

Advertisement “As a result, the manufacturing sector investment in Sabah for 1Q of this year was the highest in Malaysia,” he said. SPONSORED CONTENT Leading CEOs, founders to headline CEO Masterclass 2025 This two-day event promises an immersive experience with strategic keynotes, interactive fireside chats, and VIP networking sessions and more! Read more Phoong said despite facing various challenges, including global economic uncertainties, geopolitical pressures and infrastructure requirements, his Ministry has made every effort to ensure domestic and foreign investors’ continued confidence in coming to Sabah.

Advertisement In addition, allocations have been made to improve basic infrastructure and utilities at the Kota Kinabalu Industrial Park, Sipitang Oil and Gas Industrial Park and Palm Oil Industrial Cluster Lahad Datu.

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