KOTA KINABALU: Sabah’s landscape is set for transformation as the transfer of electricity supply regulatory control promises renewable energy initiatives, economic expansion, and consumer gains, thanks to the vision of Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor and his Gabungan Rakyat Sabah (GRS) administration.
Hailing the decision made recently, the Federation of Chinese Associations Sabah (FCAS) said today this is a monumental step for the state’s development and that the shift is poised to transform Sabah’s landscape.
“Sabah is endowed with an abundance of natural resources such as sunlight and water. With the transfer of regulatory control, we can now capitalise on these assets more effectively FCAS president Tan Sri TC Goh said today.
According to him, the state government would be able to offer incentives for investments in solar and hydroelectric projects.
“This visionary step is not just an environmental milestone, but it also positions Sabah as a key player in the fight against climate change by reducing dependence on fossil fuels.
“The world is swiftly moving towards sustainable energy solutions and so, Sabah can now position itself as a hub for green energy, attracting clean tech companies and research institutions,” said Goh, who is also the president of the Federation of Chinese Associations Malaysia (Huazong),
He added that with greater control over energy policies, the state government could create an environment that was conducive for investments and economic growth.
“Reliable energy is the backbone of any economy. Industries need the assurance of an uninterrupted power supply.
“And, by overhauling and expanding Sabah’s power infrastructure, the state can support a diverse range of industries from manufacturing and agriculture to high tech,” he said.
Goh also said investment in energy infrastructure is labour-intensive and will generate employment opportunities across a host of sectors.
“The long-term benefit is a vibrant and diverse workforce that can sustain Sabah’s economy for decades,” he said matter-of-factly.
Meanwhile, Goh who is also a prominent businessman, said the imminent transfer of regulatory control of power supply to Sabah was also a major win for the people of Sabah.
“It is more than just paperwork – it’s about empowering the people of Sabah. With optimised production costs, Sabah can potentially reduce electricity tariff.
“Imagine what this means for the average family. Reduced utility bills mean savings, which can be invested in education and healthcare, or even to start small businesses,” he said.
Lower power tariff, he said, would also benefit local businesses, especially SMEs as utility costs could be a significant overhead.
“Reductions in these costs can boost competitiveness and result in business expansion.
“Ultimately, this can create a positive feedback loop. Lower costs and business growth will generate more jobs, which in turn puts more money in people’s pockets, fostering further economic growth.
“This is a defining moment for Sabah. Our potential is limitless,” Goh enthused.