{
  "id": 14432854,
  "title": "Ekonomi Sabah berkembang 5.1%, KDNK cecah RM88.8 billion",
  "url": "https://urgent.news/2026/10/14/ekonomi-sabah-berkembang-5-1-kdnk-cecah-rm88-8-billion",
  "topic": "world",
  "section": "World",
  "published": "2026-10-14T10:17:10.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/bahasa/tempatan/2026/10/14/ekonomi-sabah-berkembang-5-1-kdnk-cecah-rm88-8-billion"
  },
  "original_language": "en",
  "account": "Sabah's economy grew by 5.1% last year, marking the best performance in six years with domestic output (KDNK) reaching RM88.8 billion, according to Chief Minister Hajiji Noor. The strong growth was driven by a robust construction sector, up 28.3%, followed by manufacturing at 5.0% and services at 4.5%. Chief Minister Masidi Manjun, speaking alongside Deputy Chief Minister II, emphasized translating this momentum into stronger local businesses, higher-value industries, better jobs and more opportunities for Sabah's people. This is part of the Sabah Maju Jaya (SMJ) 2.0 framework for 2026-2030, which focuses on enhancing competitiveness, productivity and high-value creation following the success of SMJ 1.0's recovery phase. Investment prospects will continue to strengthen through the highest development budget in Sabah's history of RM12.02 billion under Malaysia's 13th Malaysia Plan (RMK13), covering 933 new projects and 240 extensions. Noor stressed that attracting investment is not the sole aim; instead, the focus is on helping local companies become national, regional and global leaders through fostering creativity, resilience and entrepreneurship among the young generation. The potential from natural resources is being tapped with the blue economy sector projected to generate RM3.25 billion annually under SMJ 2.0 through modern aquaculture, marine biotechnology and nature-based tourism. Sabah's location between Brunei, Indonesia and the Philippines also positions it as a strategic trade, investment and tourism gateway within the BIMP-EAGA and Asean regions. The government is welcoming the alternative funding market expansion by the Securities Commission, including equity-based crowd funding, peer-to-peer lending, private and venture capital. The state is also urging the use of MyCIF, a food certification scheme under the My Investment Fund (MyCIF) that provides RM1 of joint investment for every RM2 private investment, to support agri-tech and bioeconomy sectors. Noor advised local businesses to enhance their financial records, corporate governance and risk management to attract investors before raising capital. He also appealed for improved cooperation between local businesses and investors to leverage Sabah's vast resources, strategic location, entrepreneurial spirit and ambitious goals for continued growth.",
  "summary": "Nilai pertumbuhan ekonomi ini prestasi terbaik negeri itu dalam tempoh 6 tahun, menurut Ketua Menteri Hajiji Noor.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Ekonomi Sabah berkembang 5.1%, KDNK cecah RM88.8 billion",
        "url": "https://urgent.news/2026/10/14/ekonomi-sabah-berkembang-5-1-kdnk-cecah-rm88-8-billion-14437503",
        "published": "2026-10-14T10:17:10.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}