KUALA LUMPUR: To ensure the prosperity and stability of the international community, Japan is promoting concrete cooperation with Malaysia and other countries in realising the principles of “Free and Open Indo-Pacific” (FOIP), where many of its essential principles are shared by Asean Outlook on the Indo-Pacific.
Sabah still needs the Federal Government’s support to attract foreign direct investments and spur its economic growth, said POIC Sabah Chief Executive Officer Datuk Fredian Gan.
“The Federal government funded our container port development years earlier, and it is good to have the endorsement of the current administration,”
He said this in a statement, Wednesday, in response to Minister in the Prime Minister’s Department (Sabah and Sarawak Affairs) Datuk Seri Dr Maximus Ongkili who recently endorsed the Lahad Datu POIC during his visit there recently.
Dr Maximus visited the Lahad Datu POIC as part of his working visit to Sabah. He was in Tawau earlier
WASHINGTON (The Straits Times/Asia News Network): On the day Fidel Valdez Ramos died, July 31, several Filipino friends I messaged told me they were weeping.
Priority sectors earmarked by Brunei, Indonesia, Malaysia and Philippines – East Asean Growth Area (BIMP-EAGA) fits well with Sabah’s strategic direction as outlined in the five-year Hala Tuju Sabah Maju Jaya (SMJ) Development Plan.
State Asst Finance Minister Jasnih Daya said since its inception in 1994, BIMP-EAGA has evolved to become a strategic platform for member countries to integrate by facilitating freer movement of people, goods, services while increasing investments, promoting joint business opportunities and harmonising a beneficial policy environment.
He said BIMP-EAGA is seen as an important support for future political, social and economic integration of the Asean region.
“In Sabah, our economic development has seen rapid growth and has positively impacted the development of the state. Sabah has much potential in transboundary cooperation of the economic sectors earmarked by BIMP-EAGA. The priority sectors are transport, energy and p