25/10/2012 (Bernama) - Total investments in the Sabah Development Corridor (SDC) reached RM114.045 billion from 2008 to Sept 30 this year, said Chief Minister Datuk Seri Musa Aman.

Musa, who is also the state Finance Minister, said the amount includes government and private investments of RM77.514 billion for 31 Entry Point Projects (EPP) in agriculture, manufacturing and logistics, oil and gas, oil palm, tourism, infrastructure, education and Greater Kota Kinabalu.

"Of this cumulative total of RM114.045 billion, 12.7 per cent or RM14.48 billion are spent investments up to Sept 30," he added in reply to a question from Abdul Mijul Unaini (Umno-Banggi)

He cited political stability as an important factor that gave investors the confidence to continue contributing to the economic development of the state.

"The government's caring policies, being investor friendly and the presence of young, educated human capital who could be trained is another factor drawing investors to Sabah .