KOTA KINABALU: Sabah has attracted RM10.2bil in
investments in the first quarter of 2012, said Industrial Development Minister,
Datuk Raymond Tan Shu Kiah.
He said on Monday that of the
amount, RM5.3bil came from services sector, RM4.8bil from manufacturing and
RM170mil from other sectors.
Tan said of the investment in the
services sector, RM370mil involved domestic investments in the housing and
hotel sectors. "The balance of RM4.9bil came from US investors involved in
the activities to set up fishing hubs," he said this in reply to a
question by Melanie Chia Chui (BN-Luyang) at the Sabah State Legislative
Assembly here.
Chia wanted to know the types of
investments and the companies involved and to seek more details on the recent
state government's statement that the state has received RM10 billion in
foreign investments.
Tan said for the manufacturing
sector, domestic investments accounted for RM4.6bil and foreign investments
RM175mil.
"The sectors included
chemicals, iron, transport and food," he said.
"The biggest investment was
in Sabah Ammonia-Urea in Sipitang worth RM4.5bil and RM200mil in other sectors
in Kota Kinabalu, Sandakan, Tawau and Lahad Datu," he said.
Bernama
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