Sabah Blue Economy

On 18th October 2023, Sabah State Cabinet initiate exploration of new treasures through the BLUE ECONOMY concept towards Sabah Maju Jaya. 

The direction of Sabah Maju Jaya Development Plan 1.0 (2021-2025), launched on 29 March 2021, outlines the state’s development strategy by optimizing all available resources in Sabah. The Sabah Maju Jaya Development Plan 1.0 (2021-2025) is aligned with various national development agendas such as the 12th Malaysia Plan (12MP) and Malaysia MADANI, as well as international initiatives like the United Nations Sustainable Development Goals (UNSDG). With this alignment, the nature of the Sabah Maju Jaya Development Plan 1.0 (2021-2025) inherently provides space to explore new methods or resources to enhance economic development, public well-being, and simultaneously preserve the natural ecosystem. These aspects are embedded in the Sabah Maju Jaya Development Plan 1.0 (2021-2025) under the element J: Infrastructure Network and Green Sustainability. Therefore, on this basis, the Sabah Maju Jaya Development Plan 1.0 (2021-2025) fundamentally supports the Blue Economy development agenda in the state of Sabah.

Blue Economy Definitions:

  1. United Nations: one in which the sustainable use of ocean a coastal resources generates equitably and inclusively distributed benefits for people, protects and restores health ocean ecosystems, builds resilience and contributes to the delivery of global ambitions for a sustainable future
  2. The World Bank: sustainable use of ocean resources for economic growth, improved livelihoods, and jobs, and ocean ecosystem and health

 

Source: Daily Express (15-12-2023) – Sabah government will explore blue economy

Source: The Borneo Post (15-12-2023) – Sabah government will explore blue economy

Source: The Borneo Post (15-12-2023) – Sabah International Blue Economy Conference kicks off

Source: Daily Express (15-12-2023) – Sabah International Blue Economy Conference kicks off

Source: The Borneo Post (15-12-2023) – Ocean thermal energy approved as a new renewable source