By Datuk James Ligunjang J.P
Former State Assemblyman
KOTA KINABALU : – Sabah stands at a crucial crossroads in its development, the proposed Sabah Sovereign Wealth Fund, championed by Caretaker Chief Minister Hajiji Hj Noor, aims to secure a prosperous future for all Sabahans.
This initiative is not merely a strategy for financial management; it embodies a commitment to long-term well-being and sustainable growth for the community.
Benefits for Future Generations
The Sabah Sovereign Wealth Fund is designed to provide numerous advantages to ensure a brighter future for the residents of Sabah:
1. Economic Resilience: The fund will serve as a buffer against economic downturns, enhancing the region’s resilience to external financial shocks.
2. Long-term Investment Strategy: By implementing a robust investment strategy, the fund will generate returns that benefit future generations, promoting sustained economic growth.
3. Enhancement of Public Services: The resources from the fund can be allocated to enhance essential projects and public services, improving the quality of life for all citizens.
4. Diverse Investments: Investments across a variety of sectors will help mitigate risks and promote stability within the local economy.
5. Local Economic Stimulus: The fund is expected to stimulate local economies, support entrepreneurship, and create job opportunities, bolstering the workforce in Sabah.
6. Improvement in Key Social Areas: The fund can significantly contribute to advancements in education, healthcare, and community development, ensuring that all Sabahans have access to vital services.
7. Attracting Foreign Investment: A well-managed fund will attract foreign investors and new technologies, further enhancing Sabah’s economic landscape.
8. Direct Benefits to Citizens: Ultimately, the fund aims to distribute dividends and promote public initiatives that directly benefit all Sabahans, fostering a sense of community ownership in its prosperity.
A Call to Action
In these uncertain times, it is imperative that we take bold steps toward a prosperous future.
The establishment of the Sabah Sovereign Wealth Fund presents a powerful opportunity to invest in our collective well-being.
As polling day approaches, I urge all Sabahans to lend their support to the Gabungan Rakyat Sabah (GRS) and the realization of this fund.
Your vote is not just a vote for a political party; it is a vote for a sustainable and prosperous future for Sabah and its future generations.
