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SOGIP Port Launch Boosts Sabah’s Economic Prospects

23/01/2025 06:38 PM

KOTA KINABALU, Jan 23 (Bernama) -- The declaration of the Port of Sipitang Oil and Gas Industrial Park (SOGIP Port) marks a strategic milestone with significant potential to drive Sabah's economic growth, Deputy Chief Minister III Datuk Shahelmey Yahya said.  

Shahelmey, who serves as the state's works minister, said the new port, located in Sipitang approximately 140 kilometres from Kota Kinabalu, will provide a major boost to local economic sectors such as transport, shipping, and logistics.  

"The economic potential of this area is undeniable. Its strategic location on the west coast of Sabah, facing the South China Sea, positions Sipitang as a new gateway for maritime trade in the region.  

"This port will create job opportunities for local residents, enhance household income, and promote sustainable economic growth," he said during the official declaration ceremony of the SOGIP Port here today.  

He emphasised that the initiative aligns with the Sabah Maju Jaya (SMJ) roadmap spearheaded by Chief Minister Datuk Seri Hajiji Noor to strengthen the state’s economic and infrastructure development.  

"As a new port area, Sipitang not only enhances Sabah's capacity to handle international cargo but also broadens access for businesses to the global market.  

"This development represents a key step towards bolstering trade ties between Malaysia and its neighbours, as well as the wider region. We are confident this will significantly boost both bilateral and multilateral trade growth," he said.  

At the event, Shahelmey also represented the Chief Minister to witness the signing of the port concession agreement between the Sabah Port Authority, Sabah Oil and Gas Development Corporation Sdn Bhd, and SOGIP Port Sdn Bhd.  

He added that with the infrastructure in place, Sipitang is set to become a vital logistics hub for the region, further supporting trade and industrial activities.  

"Through the provision of modern facilities, we are confident this project will enhance Sabah's standing as a key player in international trade and logistics, while accelerating integration with the global economy.  

"I believe the SOGIP Port project will not only benefit the immediate area but will also serve as a catalyst for more sustainable and balanced economic development across Sabah," he added.  

-- BERNAMA

 

 


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