Sabah full of investment opportunities – Wuhan delegates
04 Aug 2024
Sabah is full of investment opportunities, according to a business delegation from Wuhan, China.
The delegates, who were in Sabah for business exploration, plan to revisit the State to seek more cooperation and investment opportunities.
They will bring China’s excellent educational resources, courses, teachers, and equipment to Sabah.
The aim is to cultivate Malaysian students, familiarize them with Chinese culture and technology, help them secure higher wages in China enterprises in Malaysia, and increase their employment rate.
The Wuhan business delegation whose visit to Sabah was hosted and arranged by the Sabah China Chamber of Commerce (SCCC), sees potential in various fields such as agriculture, seeding, human resource education and capital investment.
They believe Sabah is a place full of opportunities and plan to revisit to explore more cooperation opportunities.
The delegates included Cai Qin, Chairman of Wuhan Junyijia Property Management Co., Ltd.; Xie Canhui, General Manager of Wuhan Tianhong Exhibition Co., Ltd.; Li Yuanyuan, Partner of Mingde Capital (Wuhan) Operation Center; Miiya, Business Director of Shenzhen UFO Power Technology Co., Ltd. (Malaysia); Shelly, Marketing Manager of Shenzhen UFO Power Technology Co., Ltd. (Malaysia); Deng Changjing, Operations Director of Jingrui Technology Cross-border E-commerce Co., Ltd.; and accompanying staff Zhou Lingzi.
With the assistance and arrangements of Datuk Frankie Liew, President of the SCCC, they recently paid courtesy visits to Datuk Dr Roland Chia, Political Secretary to the Chief Minister of Sabah, and Datuk Frankie Poon Ming Fung, Chairman of Sabah Development Bhd, to express their views on Sabah after this visit.
“In view of the lack of information about Malaysia in Hubei, Wuhan, we initially had no knowledge of East Malaysia and West Malaysia,” said Li Yuanyuan.
“After Datuk Frankie Liew and others visited us to promote Sabah-China cooperation in May this year, we realized that Sabah also has excellent talents and resources, which led to the planning of this study tour.
“After our exchanges here, we found that although the Sabah market has certain limitations, Hubei, Wuhan might be 10 to 15 years ahead of Sabah in economic development. “However, from the perspective of investors, Sabah is a place full of opportunities. We definitely will revisit multiple times in the future,” Li Yuanyuan added.
Cai Qin expressed gratitude to Liew for leading the delegation and providing strong support during this period.
She revealed that her company focuses on human resources services for Chinese enterprises, including human resource education.
During this visit, they also discussed cooperation with educational institutions such as University Malaysia Sabah (UMS), Sabah Institute of Arts, and SM Tshung Tsin.
“We will bring China’s excellent educational resources, courses, teachers and equipment to Sabah in the future, collaborating with vocational and technical colleges in Sabah to jointly cultivate Malaysian students.
This will help them understand Chinese culture and technology, secure higher wages in Chinese enterprises in Malaysia, and improve their employment rate,” said Cai Qin.
During the trip, the Wuhan business delegation, arranged by Liew, also visited the Kota Kinabalu Hardware Association.
Cai Qin mentioned that after understanding the needs of the hardware industry in Sabah, they plan to bring hardware industry players from Wuhan for future visits and exchanges.
Source: Borneo Post
