Monday, June 16, 2008


Sabah land of investment opportunities, says Musa


Sabah is a land of opportunities for investors with policies to ensure that its people enjoy good quality of life, Chief Minister Datuk Seri Musa Aman said. “We in Sabah are very fortunate to live in an environment that has a fascinating mix of cultures, rich in natural resources and diversity of natural attractions,” he said at the welcome I dinner for participants of the Second International CEOs Conference here last night. Musa pointed out that with a population of three million people and backed by a stable political environment, Sabah provides an ideal climate for economic development as well as trade and investment opportunities. “We believe that Sabah is a land of opportunities for investors. Pragmatic policies and strategies have been formulated which not only guarantee long-term economic and political stability but also increase the prosperity and the quality of life of the people. “The Federal and State Governments are committed to create a conducive business climate, improve quality of life and a pleasant environment for the people generally,” he added. According to Musa, the event themed, ‘Managing Sustainable Growth and Competitiveness in the Globalised Era’ beginning today (June 16), is organised by Sabah Foundation and Asian Strategy and Leadership Institute. “Against a backdrop of economic uncertainties and inflationary pressure on a global scale, this conference comes at a most opportune time and we have high hopes that your deliberations over the next two days will address some of the pressing issues facing us today,” he said. Musa pointed out that the outlook for 2008 is laden with economic uncertainties, political instability, natural disasters and rising prices of food and commodities. Inevitably, all these will have profound implications worldwide. Gaining a competitive edge and sustaining economic growth in a globalised environment, without sacrificing the standard of living of communities, he said, are some issues that governments continue to work hard to address,” he said. “I trust this welcome dinner themed ‘An Evening in Sabah’, will not only give us exposure for network opportunities with successful world-renowned corporate figures and trailblazers, but will also serve as an excellent avenue for us to promote Sabah as one of the most attractive tourist destinations in the region,” he said.