KOTA KINABALU: Sabah’s economic direction is heading in the way it is designed to, says Datuk Nizam Abu Bakar Titingan.
The Parti Gagasan Rakyat information chief said this in dismissing Parti Warisan’s claims that the current Gabungan Rakyat Sabah -led state government was not focusing on the right economic industries for Sabah.“Warisan leaders disputed Sabah’s export value for 2022 because 73.4% of it came from crude oil, palm oil and liquefied natural gas ,” he said in a statement on Monday .
“The fact is, there is an attempt to confuse Sabahans by hiding the fact that Sarawak’s manufacturing industry revenues are from the state’s manufacturing factories that have existed for decades,” he said. “When these industries operate fully, our people will get job opportunities and businesses will flourish, and the state would be able to generate more revenue for the development of the state and its people,” he said.
“Warisan leaders must accept the reality that all states have their own strategies and focus when managing their economic activities. “Sabah is on the right track to mould and build its economic growth, and it has a clear vision on how it plans to reach greater economic heights,” Nizam added. Wong said the Department of Statistic Malaysia reported in its Sabah External Trade Statistics for 2022 that the state’s total export revenue for 2022 was worth RM77.2bil with a trade surplus at RM36.2bil.
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