Sabah targets several countries to be trade partners

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KOTA KINABALU: The state’s Trade and Industry Ministry is targeting several countries to become its trade partners and new markets for its products, as it steps up efforts to accelerate economic growth in Sabah. Its minister Datuk Seri Wilfred Madius Tangau said German, Dubai, South Korea and Thailand were among the countries targeted by the state.

“We targeted the countries to be an importer of Sabah products especially food-based products. Ongoing efforts are also being made to identify potential countries for investment based on the types of industries,” he said. He said this when replying to a question by Datuk James Ratib (Upko-Sugut), who wanted to know if the new targeted countries could be a trade and indus
trial partner for Sabah.

For the palm oil and logistics sector said Madius, the effort focused on several countries including Indonesia, Brunei, Taiwan, Dubai, Europe, United States and New Zealand. “For the oil and gas industry, the targeted country was Russia while wood-based furniture industry, it was Japan and Vietnam,” he added. – Bernama

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