Sabah transforming economy into more diversified and knowledge driven

The Sabah state government is in the process of transforming the local economy from one that is purely resourced based to one that is more diversified and knowledge driven.

“In the manufacturing sector, Sabah’s focus is mainly on agriculture, bio-mass, and the oil and gas industry; tourism remains as a viable alternative exploitation,” Deputy Chief Minister Datuk Seri Pangliam Yahya Hussin said.

“Sabah is the largest producer of crude palm oil in Malaysia and the Palm Oil Industrial Cluster (POIC) in the east coast is one of the venues for the state to venture into downstream processing of palm oil products,” he added.

Speaking at the welcoming dinner for the sixth Brunei Indonesia Malaysia Philippines – East Asean Growth Area (BIMP-Eaga) Heads of Customs meeting last night, Yahya pointed out that in order to facilitate such a wide variety of economic activities, the meeting might want to explore how the rules and regulations of customs administration could be streamlined and standardized across the region.

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CM: Tap oil palm biomass sector

Chief Minister Datuk Seri Musa Aman said Sabah must not miss the opportunity of taking part in solutions that deal with oil palm biomass.

He said as a major palm oil producing state, Sabah should continue to focus on what to do with waste that came from the sector.

"There are technologies in place to make use of biomass, including for renewable energy.

"Industry players should work with companies and research institutions that have solutions to venture into this important segment of the oil palm sector," he said after officiating the Palmex Malaysia 2012 here, yesterday.

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