State Govt to enhance investment task force: Hajiji

He said the industrial and investment sectors continue to be the drivers of the State’s economy and have contributed to the encouraging total investment amount. He said in 2023, Sabah recorded a total State investment of RM11.346 billion and ranked seventh in receiving the highest investment in Malaysia .

Hajiji said investments with a wide impact such as SK Nexilis Malaysia Sdn Bhd have expanded their investment in Sabah through their subsidiary, Curix Sdn Bhd, in the manufacturing of a copper granulation plant in Kota Kinabalu Industrial Park with a total investment value of RM300 million.He said the oil and gas industry in Sabah is also growing in both upstream and downstream activities.

He said that the State Government is fully committed to youth development as they are the State’s biggest investment that must be educated to become responsible investors in the coming decade. Hajiji said, as an investor, it is important to learn how to obtain and protect capital, as well as be wary of the increasing financial scam schemes happening daily.

Hajiji hoped the Bursa Marketplace Fair 2024 programme can expose visitors to various digital tools that help educate and develop investors, such as MyBursa and the Bursa Anywhere application.

Source: News Formal (newsformal.com)

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