Kota Kinabalu Industrial Park gets over RM2 billion in investment value

KOTA KINABALU (June 16, 2013): The Kota Kinabalu Industrial Park (KKIP) has to date attracted more than RM2 billion in investment value in various industry clusters, mainly from small and medium industries (SMIs).

Source from (The Sun Daily): http://www.thesundaily.my/news/743321
Published: Jun 17, 2013

Source from (The Malaysian Insider): http://www.themalaysianinsider.com/business/article/kota-kinabalu-industrial-park-gets-over-rm2-billion-in-investment-value/
Published: Jun 17, 2013

In disclosing this, Chief Minister Datuk Seri Musa Aman said this value is anticipated to increase by year-end and would further boost the state's economy.

"Being the leading industrial park in Sabah, KKIP has a distinct role in contributing towards achieving the state's target in economic growth.

"Despite uncertainties in the global economy, we are determined to ensure that Sabah's economy grows at the projected rate of between 5% and 6% for 2013," he said in his remarks at KKIP's annual dinner here, last night.

His speech was delivered by State Community Development and Consumer Affairs
Minister, Datuk Jainab Ahmad Ayid.

Musa, who is also state finance minister said KKIP had succeeded in developing a capable team of professionals, who had also contributed greatly in bringing industrialisation to places such as Sipitang and Lahad Datu.

"I understand in KKIP itself, over 6,000 jobs have been created, mainly from the manufacturing sector and annually, some 10,000 trainees undergo professional skills training at various local institutions. Some of them are affiliated to KKIP," he added.

He urged KKIP to keep abreast of trends in manpower development to ensure new tailor-made courses are introduced in the skills and research institutions, to meet Sabah's specific human resources needs.

Musa said it was also the fervent hope of the Sabah government that KKIP Sdn Bhd undertake appropriate steps to achieve a much higher and faster rate of progress in promoting industrial initiatives.

"The state government is fully committed to the development of KKIP through the provision of basic supporting manufacturing infrastructure," he added. – Bernama