The three key factors that have cause RAPID ECONOMIC DEVELOPMENT in Sabah.


1) Political stability;
2) Sound policies;
3) Focused economic directions


"Rapid economic development has taken place in Sabah. It looks different and the economic landscape is different....Sabah is rich in natural resources, such as timber, minerals, oil and gas. However, what is important is it takes the right leadership to take the state to greater heights......I am also told that Sabah has strong environmental conservation laws....This is also good in terms of ecotourism."


Associated Chinese Chambers of Commerce and Industry of Malaysia
 president Tan Sri William Cheng Heng Jem
20th May 2012 leading a delegation meeting with
Sabah Chief Minister Datuk Seri Musa Aman.
 


More questions on 1MDB’s investments
https://www.thestar.com.my/news/nation/2018/05/28/more-questions-on-1mdbs-investments-mof-raises-doubts-over-payments-and-wants-najib-to-account-for-t/

 


Sabah Chief Minister Datuk Seri Musa Aman said investors were interested in Malaysia because of the conducive atmosphere, good government policies and stable politics under the able leadership of Prime Minister Dauk Seri Najib Razak. The environmental laws on conservation had a long-term positive impact on the overall development of the state. A clean and unpolluted environment helped to draw investors to Sabah.

"Protecting the forests, phasing out logging and focusing on reforestation means that future generations can once again have tropical rainforests, which had been logged, in 30 to 40 years' time.....They also told me that another important reason why they (foreign investors) chose to invest in Sabah was because of the prevailing economic and political stability in Malaysia."

Sabah Chief Minister Datuk Seri Musa Aman
20th May 2012 meeting a delegation from
Associated Chinese Chambers of Commerce and Industry of Malaysia


A United States-based multinational company, Darden Incorporated, had committed about US$2 billion (RM6.3 billion) to develop lobster farming off the coast of Semporna because the water was not polluted.


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 May 28, 2018 11:14:58 PM