KOTA KINABALU: Chief Minister Datuk Seri Hajiji Noor reported that Sabah’s GDP rose from RM77.8 billion in 2020 to RM84.3 billion in 2024, the highest since the pandemic, reflecting effective fiscal management.
Inflation was kept at 1.2 pc, below the national rate.
The state government has empowered SMEs through RM2.37 million in microcredit loans and plans to continue high-impact projects under the 13th Malaysia Plan, with RM12.02 billion allocated for 1,173 projects, including digitalisation initiatives like Sabah DIIP and 290 system applications.
Investments flourished across sectors, with RM24.9 billion from 87 investors in manufacturing, RM620 million in coconut industries, and PETRONAS-led oil and gas projects generating over 38,000 jobs.
Tourism recorded 10.67 million visitors and RM23.42 billion in spending, supporting over 360,000 jobs since 2023.
Education funding reached RM1.02 billion, with scholarships tripled to RM145 million benefiting 12,763 students, including 37 UEC holders.
Infrastructure expanded, with 22,858 km of roads, 90 water treatment plants raising capacity to 1,630 million litres per day, and 11 electricity projects adding 1,219 MW by 2031.
Hajiji said these achievements under Hala Tuju SMJ 1.0 have strengthened Sabah’s economy, investment climate, and public services.
