Sabah targets RM100bil GDP by 2030
Sabah’s GDP stood at RM88.8 billion last year, an increase of RM4.3 billion from the RM84.5 billion recorded in 2024.
KOTA KINABALU: Sabah's chief minister, Hajiji Noor, expressed the state's ambition to reach a GDP of RM100 billion by 2030 through its Sabah Maju Jaya development agenda. This target was reinforced by Hajiji during the opening of the Sabah Energy Corporation (SEC) annual planning conference, where he emphasized the government's focus on industrial development, attracting investments, and providing essential infrastructure such as stable, reliable, and affordable energy supply.
He highlighted that investors must be assured of a sufficient electricity and gas supply, along with cost details and availability timelines, when planning large-scale operations in Sabah.
Sabah's GDP reached RM88.8 billion in the previous year, marking a RM4.3 billion increase from RM84.5 billion reported in 2024. The chief minister revealed that Sabah's gas supply capacity could expand from 700 million standard cubic feet per day to 1,350 million standard cubic feet per day by 2030, as outlined in the long-term gas supply and transmission plan submitted to the state government in September last year.
This expansion would open up new prospects for power generation and industrial expansion along Sabah's eastern coast.
Hajiji also underscored advancements in Sabah's energy sector participation, particularly the Commercial Collaboration Agreement with Petronas signed in December 2021. He praised the SEC's financial performance and its commitment to expanding operations through the Progressive Energy Transformation Agenda. Furthermore, he urged government-linked companies (GLCs) and state agencies to bolster cooperation to expedite project implementation and curb potential loss of investment opportunities.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
