Invite to explore Blue Economy: Maximising Sabah’s marine products potential

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SHENZHEN: Chief Minister Datuk Seri Hajiji Noor invited Chinese investors to explore the Blue Economy concept in collaboration with the Sabah Government to develop the food processing sector.

“We will implement this concept that calls for sustainable use of ocean resources for economic development, generate jobs and improve livelihood.“Sabah has the longest coastline in Malaysia, with more than 1,000km for fish farming and other marine products. There is vast potential in this area for win-win partnerships,” he said.

“By investing in the energy sector, you play a pivotal role in ensuring a reliable power supply while contributing to a more sustainable energy future. While oil and gas will provide an important revenue stream for the State, we also welcome investors to explore renewables such as solar and storage technologies, hydro, geothermal and carbon market opportunities in Sabah,” he said.Hajiji said there are also abundant investment and business opportunities in oil and gas in Sabah.

“Now that normalcy has returned to the tourism industry, my government has launched a tourism recovery campaign to attract tourists back to Sabah. China is only between three to five hours away from Sabah. Also present were State Industrial Development and Entrepreneurship Minister Datuk Phoong Jin Zhe, Chairman of Invest Sabah, Tan Sri Anifah Aman, State Secretary Datuk Seri Safar Untong and Chairman of the Sabah Economic Advisory Council, Tan Sri David Chu.

 

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