Sabah shines in multiple growth areas

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With Deputy Chief Minister Tan Sri Joseph Pairin Kitingan at the 10th Anniversary celebration of the Sabah Development Corridor (SDC). PIX/Rayner.

BY DATUK SERI PANGLIMA WILFRED MADIUS TANGAU

Land Below the Wind records RM165b in cumulative investment since 2008

THE Sabah Development Corridor (SDC) has just celebrated its 10th anniversary. Launched in 2008, Chief Minister Tan Sri Musa Aman announced that this project has recorded RM165 billion in cumulative investment as of January this year.

He also said that Sabah has already achieved its target for GDP and GDP per capita back in 2016 under the SDC, at RM 63.2 billion and RM 14,784 respectively.

Sabah’s GDP growth was at 4.7 per cent in 2016 compared to the national average of 4.2 per cent, in contrast with only 2.1 per cent growth in 2011 as compared to a 5.3 per cent national GDP growth.

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