Kota Kinabalu: Sabah is reinforcing its education, science, technology and innovation agenda to enhance investor confidence and support sustainable, technology-driven growth as Malaysia moves towards 2026, said Minister of Education, Science, Technology and Innovation Datuk James Ratib.
Speaking when officiating the Malaysia Market Outlook 2026 seminar here recently, James said foreign investors in an increasingly uncertain global environment are seeking destinations that offer policy stability, clear direction, talent readiness and long-term returns.
He said technology and digital sectors — including artificial intelligence (AI), automation and the digital economy — will continue to be key drivers of growth and foreign direct investment, with success largely dependent on the availability of industry-ready talent.
“In Sabah, the State Government is focused on expanding STEM and Technical and Vocational Education and Training (TVET) programmes, developing local industry-ready talent and strengthening collaboration with technology companies and investors to build a sustainable talent pipeline,” he said.
James added that the State is also strengthening a responsible and ethical AI policy framework to support innovation, provide regulatory clarity and reduce risks for investors.
“Sabah and Malaysia remain committed to providing a stable, business-friendly and forward-looking investment environment, supported by ready talent, consistent policies and a long-term commitment to technology-driven growth,” he said, adding that the State welcomes foreign direct investment that creates shared value and sustainable economic impact.
Meanwhile, President of the Kota Kinabalu Chinese Chamber of Commerce and Industry (KKCCCI) Datuk Michael Lui Yen Sang said the seminar aims to help local enterprises better understand economic dynamics, explore investment opportunities and formulate forward-looking business strategies amid rapid technological change.
He said businesses today face unprecedented opportunities and challenges, making it essential to anticipate trends and seize initiatives to ensure sustainable growth.
Lui also urged the government to formulate and implement stable, predictable and forward-looking business policies, cautioning that frequent policy shifts could unsettle local businesses and weaken foreign investor confidence.
“Only in an environment of stability and efficiency can businesses plan long-term investments, embrace innovation and drive sustainable economic growth,” he said.
He expressed hope that closer collaboration between the government and the business community, supported by education, technology and innovation policies, would enable local enterprises to diversify investments and enhance their international competitiveness by 2026.
Other guests present included Deputy Finance Minister Sabah Datuk Ben Chong; Deputy Minister of Education, Science, Technology and Innovation Jordan Jude Ellron; Deputy Speaker of the Sabah State Legislative Assembly Datuk Haji AI Hambra Tun Juhar; Nominated Assemblyman Datuk Ir Chin Shu Ying; Nominated Assemblywoman Grace Lee; and organising chairperson Tobin Ng.
The seminar featured keynote speakers from Alliance Bank, Singular Asset Management and Baker Tilly Malaysia, who shared insights on market trends, investment outlooks and business strategic.
