Politics · Malaysia Bureau
Sabah's economy expands 5.1% to reach RM88.8 billion
Sabah has achieved its strongest economic growth in six years, with the state's gross domestic product expanding 5.1 percent to RM88.8 billion, according to Chief Minister Hajiji Noor.
LSN Malaysia ·
The economic expansion represents a significant milestone for the East Malaysian state, which has been working to diversify its revenue streams beyond traditional sectors. The 5.1 percent growth rate marks the state's best performance over the past half-decade, reflecting improved economic activity across key industries.
Chief Minister Hajiji Noor highlighted the achievement as evidence of Sabah's recovery and development trajectory. The expansion of the state's GDP to RM88.8 billion underscores growing business confidence and investment in the region.
The growth comes as Sabah continues to develop infrastructure projects and attract foreign direct investment in sectors including tourism, agriculture, and manufacturing. State officials have indicated that sustained policy reforms and targeted development initiatives are contributing to the positive economic momentum.
The performance is expected to have implications for employment and business opportunities throughout Sabah, as increased economic activity typically translates to job creation and improved consumer spending across the state.