06/07/2012 (Bernama) - Since the launch of the Sabah Development Corridor (SDC) in 2008 and as of June 30 this year, Sabah has attracted planned and committed investments of RM112.8 billion.

Sabah Chief Minister Datuk Seri Musa Aman said this is an indication that the SDC had succeeded in boosting the investment climate in the state.

Speaking at the 10th meeting of the Sabah Economic Development and Investment Authority(SEDIA) here Thursday, he said a number of major investments, from both domestic and overseas, in sectors including the oil and gas industry, oil palm, fishery, livestock and tourism was starting to flow into the state.

The new investments include those by Annam Corporation, a subsidiary of the Brunei Investment Agency.

Musa said SEDIA, which is steering the implementation of various SDC projects had sealed a Heads of Agreement (HOA), with Annam Corporation on June 16.