KOTA KINABALU – The state government hopes for more cooperation and smart partnerships between government-linked companies (GLC) and the private sector to enhance Sabah’s economic development.
Chief Minister Datuk Seri Musa Aman said it was in-line with the state’s economy which was on the right track with the decade-old state Halatuju development agenda, Sabah Development Corridor and Economic Transformation Programme.
“All efforts must be beneficial to the Sabah people such as generating employment, human capital development and opportunities for local businesses.
“Acquiring new technology and lowering cost of doing business are some of the key benefits that must be emphasised in present and future partnerships,” he said when launching the third phase of Sabah Energy Corporation (SEC) Sdn Bhd’s gas distribution project here today.
Musa said SEC assumed an important role in developing energy and the supply of natural resources by implementing the project which brought new technologies and benefits to consumers.
“We encourage these business models to be replicated in future in other parts of Sabah, Brunei, Indonesia, the Philippines and the East Asean Growth Area,” he added.
Meanwhile, Musa said Sabah was keen to develop the oil and gas sector, and agriculture with the focus being on producing palm oil, manufacturing and tourism, in efforts to diversify the economic base. – BERNAMA