SME sec­tor seen to cre­ate more jobs in Sabah

The Borneo Post (Sabah) - - HOME -

THE Small and Medium En­ter­prise (SME) sec­tor had in­creased job op­por­tu­ni­ties in Sabah to 452,021 in the year 2015, com­pared to 324,438 in 2010.

Ac­cord­ing to As­sis­tant In­dus­trial De­vel­op­ment Min­is­ter Datuk Bolkiah Is­mail, the De­part­ment of Statis­tics pro­vided this fig­ure ac­cord­ing to SME growth of 55,702 com­pared to 40,931 in 2010.

“The SME sec­tor con­trib­uted 98 per cent of busi­ness growth in Sabah, in gen­eral, and played a big role in the con­tri­bu­tion to the GDP (Gross Do­mes­tic Prod­uct) in the state es­pe­cially,” he told the State Leg­isla­tive As­sem­bly.

“Although the statis­tics do not show SME con­tri­bu­tion to GDP in Sabah, SME con­tri­bu­tion to the coun­try’s GDP is 36.3 per cent,” Bolkiah said.

He added that new pro­grammes im­ple­mented by the min­istry, such as the Shared Ser­vices Out­sourc­ing Cen­tre (SSO), had helped to mar­ket SME prod­ucts to su­per­mar­kets and shops, and mar­ket de­vel­op­ment pro­grammes at the na­tional and in­ter­na­tional level.

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