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    The Borneo Post: Sabah: Eyeing downstream potential

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Efforts to harness Sabah’s abundance of natural resources for downstream industries look to be paying off, with figures showing that investment...

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Asia/Oceania

The Borneo Post: Sabah: Eyeing downstream potential

Efforts to harness Sabah’s abundance of natural resources for downstream industries look to be paying off, with figures showing that investment in the state’s manufacturing sector is rising.

Sabah’s wide-ranging strategy to galvanise value-added production from its resources, which include timber, oil and gas, forms part of the state’s long-term bid to boost the contribution manufacturing makes to growth.

However, industry players said more incentives and improved infrastructure were needed to give local firms a better chance of competing both nationally and internationally in downstream processing.  MORE