Sunday, November 28

Huge potential for investment in Sabah tourism, agriculture, aquaculture – SCCC


Liew (seated, centre), Gao (fourth right) and Soh (fourth left) with the Changsha delegates and SCCC members at the dialogue yesterday.

KOTA KINABALU: Sabah China Chamber of Commerce (SCCC) president Datuk Frankie Liew said that with the recent launch of Sabah Agriculture Blueprint outlining the State Government’s development agenda and programmes, they will be able to provide clear information to foreign and domestic investors  .

He noted that the Sabah State Government has placed great importance on agricultural development by offering incentives to encourage investments in upstream and downstream processing, crops and livestock farming and aquaculture.

There was huge potential for investment in the tourism, agriculture and aquaculture industries, he said during a dialogue with delegates from Changsha, Hunan province, China headed by the Changsha Commerce Bureau director Gao Wei here yesterday.

He said Sabah recorded an annual rainfall of between 2,500 and 3,500 millimetres whereas the annual temperature ranged from 23 to 33 degrees Celsius.

“While we have vast areas of fertile land for agriculture, Sabah lacks the relevant technology, funds and expertise to develop this industry.

“Hence, the State Government encourages investors who possess the technology, funds and market experience to invest in the State.”

In fact, Liew said many investors from Taiwan, Korea, China and other countries have shifted part of their operations to Sabah, such as a Taiwanese-Japanese company which has invested in the production of high-quality green banana powder as well as rubber and durian plantations by Guangken.

He said SCCC has been entrusted by the Deputy Chief Minister cum Minister of Tourism, Culture and Environment Datuk Christina Liew and Minister of Agriculture and Food Industry Datuk Junz Wong to organize working visits, and facilitate dialogue between government and investors of both places.

“The chamber was established with the objective to promote trade relations and cooperation between Sabah and China.

“Our mission is to capitalize on Sabah and China’s strengths and resources to penetrate into the Asean and China markets.”

He reiterated that SCCC members comprised heavyweights in the mining, property, tourism, construction, media, hotel, agriculture and fisheries business.

Ho hoped that the Changsha delegates would explore collaboration and investment opportunities with its members.

Meanwhile, Gao hoped to see scheduled direct flights connecting Changsha and Kota Kinabalu to strengthen exchanges in the trade, tourism and other industries.

He invited SCCC and Sabah entrepreneurs to explore investment opportunities in Changsha.

Also present was SCCC deputy president Datuk Soh Poh Soon.