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    Sabah's Economic Boom: Foreign Investment Creates Thousands of Jobs

    Sabah's Economic Rise: Foreign Investment Fuels Job Growth and High-Tech Development Kota Kinabalu, Sabah, Malaysia – June 10, 2025 – Foreign investment is driving significant economic growth and job creation in Sabah, according to recent reports. The Sabah government has actively courted foreign investment, resulting in a surge of opportunities, particularly in high-skilled sectors. Datuk Phoong Jin Zhe, Minister of Industrial Development and Entrepreneurship, stated, "More than half of these job opportunities are given to the children of Sabah, with a target of 90 percent within two years." This commitment highlights the government's dedication to local employment. One example of this investment is the involvement of a Chinese company, which has established a solar panel manufacturing facility in Sabah. This project not only brings jobs but also introduces advanced technology to the region, fostering skill development among Sabah's workforce. The government has established a special task force to streamline the process for foreign investors, ensuring a smooth and efficient investment climate. The positive impact of this investment extends beyond job creation. The influx of capital is boosting Sabah's economy and positioning it as a global destination for high-tech industries. The abundance of natural resources, such as silica sand, further supports the growth of green industries. The successful implementation of these projects shows Sabah's potential to become a leading hub for sustainable and high-tech industries in Southeast Asia, offering a promising future for its residents.

    2 months ago
    MY
    Sabah, Malaysia
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