Explore collaborations with China, Asean, CM urges public, private sector in Sabah

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Sabah & Sarawak News

China Relations,Business,Leverage

KUALA LUMPUR: National carmaker Perusahaan Otomobil Nasional Sdn Bhd (Proton) sold 10,999 units in June, domestic and export, to hold second place in automotive sales amidst softer total industry volume (TIV).

KOTA KINABALU: The public and private sector in Sabah should leverage the strong economic relations between the state and China as well as Asean countries, said Datuk Seri Hajiji Noor.

He said Sabah’s total trade was valued at RM41.463bil in 2023, with the main exports comprising palm oil at RM15.291bil, liquefied natural gas at RM5.051bil, crude petroleum at RM2.548bil, palm kernel oil at RM1.289bil, and palm oil-based oleochemicals at RM1.123bil. “These investments involved solar glass manufacturing, silica and processing, food manufacturing, rubber products, wood-based products, and plastic products," he said.

Besides that, he said, there were ample opportunities for investors from China and Asean in green technology, high-tech agriculture, and mixed developments.

 

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