Digital economy: Government focused on ramping up digitalisation effort
Published on: Monday, August 28, 2023
Hajiji speech was read by Finance Minister Datuk Seri Masidi Manjun.
THE State Government is focused on ramping up digitalisation efforts to maximise the potential of the digital economy, said Chief Minister Datuk Seri Hajiji Noor.
“We are leveraging technology and innovation to boost productivity and growth,” he said at the Sabah Chinese Economic Conference (SCEC) at the Sabah International Convention Centre (SICC), Kota Kinabalu, Aug 23. His speech was read by Finance Minister Datuk Seri Masidi Manjun.
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Hajiji said undoubtedly, with the advent of technology, businesses across all industries are leveraging advanced technologies, including artificial intelligence (AI).
“Digital experience makes all the difference, and businesses that do not invest in such to stay relevant and competitive will fail.
“In Malaysia, the digital economy is expected to contribute 22.6 per cent of the nation’s gross domestic product (GDP), with the Government aiming to create half a million jobs in the digital sphere by 2025.”
The Chief Minister said he understood that the conference will aim at enhancing Sabah’s economic competitiveness using new technology.
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“Your embarking on AI and drones as new tools of our economic development deserves support,” he said.
Hajiji said in June this year, the Sabah Government, through the Sabah Economic Development and Investment Authority (Sedia), had organised a drone seminar where many saw it necessary to explore drones’ potential on how they could revolutionise the State’s economy.
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“To be competitive, we need to be more creative and proactive by taking full advantage of digital technologies and virtual reality, among others,” he said.
Hajiji said the State Government would also focus on empowering human capital to be competent, innovative and resilient, and have integrity.
He said initiatives to implement include organising technical and vocational education training (TVET) courses in line with the Industrial Revolution 4.0 and the expansion of the Internet of Things (IoT).
“Collaboration with industry on skills training needs to be improved to enhance the capacity and marketability of our human capital,” he said.
“Sabah’s five-year Hala Tuju Sabah Maju Jaya (SMJ) Development Plan, which we launched in 2021, has primarily borne fruit. It is our strategic roadmap and blueprint to set the direction for the State’s development, effectively outlining our vision, strategy and priorities,” he said.
Hajiji said there are many opportunities both domestic and foreign investors can leverage on the multiple development sectors in Sabah.
“We have several key industrial zones. There are two free economic zones, namely the Integrated Logistics Services in Kota Kinabalu Industrial Park (KKIP) and the Transhipment Hub in Sepanggar.
“There is also the Sabah Oil and Gas Terminal (SOGT) in Papar and the Sipitang Oil and Gas Industrial Park (SOGIP). Also, the Palm Oil Industrial Cluster (POIC) in Lahad Datu.
“Two more industrial parks will be constructed in Kimanis and a location between Kota Belud and Kota Marudu to provide opportunities for investments,” he said.
He said opportunities also abound in the two other thrust sectors: agriculture and tourism.
The tourism sector has seen a robust performance of late following the opening of borders post-pandemic, which has brought about a positive impact, registering a 77.1 per cent increase in arrivals from January to May this year compared to the corresponding period last year, he said.
“We expect 2.2 million visitors to Sabah by year-end, which is expected to generate RM4 billion in tourism receipts for the state.
“Located in the heart of the Brunei Darussalam–Indonesia–Malaysia–Philippines East Asean Growth Area (Bimp-Eaga), Sabah is a land of endless potential,” he said.
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