Sabah trade expo should focus on domestic as well as foreign investment, says Masidi

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Sabah trade expo should focus on domestic as well as foreign investment, says Masidi
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KOTA KINABALU: The upcoming Sabah International Expo (SIE) 2023 should also aim to attract domestic direct investment (DDI) in addition to foreign direct investment (FDI), says Datuk Seri Masidi Manjun.

The state Finance Minister said he encouraged the organisers to pull out all the stops this year as it is the 60th anniversary of Sabah's independence as well as the formation of Malaysia.

“It is also my hope that SIE2023 will put more focus on DDI and not just FDI to continue to build Sabah’s economy, and ultimately raise the state’s GDP and revenue,” Masidi added. Speakers lined up include former foreign minister Datuk Seri Anifah Aman and banker Tan Sri Andrew Sheng. Now in its 10th edition, the expo aims to provide a platform for exhibitors to meet and establish business contacts, as well as showcase their products and services while attracting commercial and economic interest to Sabah.

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