By 
Exciting news for Sabah’s economic future! Deputy Chief Minister III Datuk Ewon Benedick has shed light on the strategic direction the state will take under its upcoming Budget 2026, with a clear focus on bolstering growth and fostering a more robust economic landscape.
Speaking in Kota Kinabalu, Datuk Ewon outlined a comprehensive roadmap designed to uplift key sectors and improve overall connectivity. The plan zeroes in on three pivotal areas:
- Strengthening Sabah’s Industrial Parks: This initiative aims to enhance the competitiveness and attractiveness of existing industrial zones, potentially through improved infrastructure, better facilities, and investor-friendly policies. A stronger industrial base means more jobs and greater economic output for the state.
- Empowering Small and Medium Enterprises (SMEs): Recognizing SMEs as the backbone of the economy, the Budget 2026 will prioritize programs and support systems to help small businesses thrive. This could include access to financing, training, market opportunities, and technology adoption, ensuring that local entrepreneurs have the tools they need to grow and innovate.
- Modernising Transport Infrastructure: A crucial element for economic development is efficient connectivity. Plans to modernise transport infrastructure will likely involve upgrading roads, ports, and possibly public transportation systems. Improved infrastructure facilitates smoother logistics, reduces operational costs for businesses, and enhances accessibility for communities and tourists alike.
Datuk Ewon’s announcement signals a proactive approach by the Sabah state government to create a conducive environment for business growth and sustainable development. As we look towards Budget 2026, these strategic pillars promise a brighter outlook for Sabah’s SMEs and overall economic prosperity.
Stay tuned for more details as this ambitious roadmap unfolds!
Source: Original Article
Comments