ACCCIM IMPRESSED WITH RAPID ECONOMIC DEVELOPMENT IN SABAH UNDER MUSA

KOTA KINABALU, May 20 (Bernama) -- The President of the Associated Chinese

Chamber of Commerce and Industry of Malaysia (ACCCIM) Tan Sri William Cheng is

impressed with the rapid economic development that has taken place in Sabah,

under the leadership of Chief Minister Datuk Seri Musa Aman, over the last

couple of years.

"I see a lot of changes in Sabah. It looks different...the economic

landscape is different," he told reporters after a breakfast meeting hosted by

Musa with members of the ACCCIM at Sri Gaya, near here today.

He said the current political stability, sound government policies and

focused economic direction have led to the significant economic development in

Sabah.

Cheng said such factors were important in pulling in business and investors

to a country and state.

He said Malaysia and Sabah have these attributes in terms of the capacity to

attract investors and tourists alike.

"Sabah is rich in natural resources...oil and gas, timber, minerals and so

on but most important, you have the right leadership to take Sabah to greater

heights," he said.

Cheng said the tourism and agriculture namely aquaculture sectors in the

state were doing well and had the potential to grow.

"I am also told that Sabah has strong environmental conservation laws. This

is also good for the state in terms of eco-tourism," he said.

-- BERNAMA

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