China keen to invest in Sabah - MIDA | Malaysian Investment Development Authority
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China keen to invest in Sabah

China keen to invest in Sabah

24 Nov 2023

Sabah has caught the attention of Shanghai-based companies, which are keen to invest in the state, especially in the Malaysia My Second Home programme, says state Tourism, Culture and Environment Minister Datuk Christina Liew.

She said one company that had expressed their interest was Dresser Wayne Fuel Equipment (Shanghai) Co Ltd, which was exploring investment possibilities in bird nest processing and solar energy development in the state.

Liew said this was among issues raised during discussions with the company’s representatives Sun Hai Zhen and Ralph Fan during a courtesy call.

“The state government is investor-friendly. We welcome viable investments as it brings economic benefits to Sabah and generate job opportunities for the people. We will do everything possible to ensure a conducive business environment,” she said after the call.

Liew said Shanghai businessmen had sought her advice for their investment proposals.

Meanwhile, Dinawa Island Sdn Bhd director Johnny Ong Tek Kin was upbeat about bringing in investors from China, especially those interested in Sabah’s tourism sector.

“After the reopening of international borders, we received inquiries from Chinese nationals who wish to participate in the Malaysia My Second Home in Sabah.

“For our side, we are working on packaging Sabah’s properties to be incorporated into the programme,” Ong said.

The meeting also heard a proposal for a joint painting and calligraphy exhibition by artists and calligraphers from Shanghai and Sabah.

Source: The Star