Sabah's GDP projected to increase to RM84.9bil in 2024
KOTA KINABALU: Sabah's economy has shown positive growth, with a projected gross domestic product (GDP) of RM84.9 billion in 2024 compared to RM83.2 billion in 2023.
In a statement after chairing the State Development Action Council meeting at Menara Kinabalu yesterday, Chief Minister Datuk Seri Hajiji Noor attributed the achievement to strong cooperation from various stakeholders in the state.
He also emphasised the importance of continuing positive contributions and close cooperation to realise the Hala Tuju Sabah Maju Jaya aspirations, driven by the Sabah State Strategic Development Plan 2026-2030.
"This framework will incorporate various initiatives, including the Blue Economy initiative and state development agendas under the 13th Malaysia Plan," he said.
On the same note, Hajiji called for increased ground monitoring of the 1,265 projects and programmes scheduled for completion this year, urging state leadership and department heads to maintain closer supervision.
This requires a paradigm shift in implementation, he said, emphasising the need to move away from outdated processes and negative mindsets that fail to acknowledge the state's achievements.
He noted that Sabah received one of the highest allocations under the national budget, with RM6.7 billion allocated by the federal government this year.
He added that the substantial allocation demonstrates the federal government's commitment to Sabah's development.
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