Datuk Seri Hajiji Noor, the Chief Minister of Sabah, called on Bumiputera entrepreneurs in the state to seize the available opportunities in the blue economy, which is seen as a promising future for income generation. This statement was made during the launch of the Teraju Aspirasi Outreach Sabah 2026 program, where Hajiji stressed the importance of utilizing government financial facilitation to enter this sector.
Hajiji pointed out that the blue economy will be a key driver within the framework of the Sabah Maju Jaya 2.0 (SMJ 2.0) plan, which aims to transform the state's economic structure towards sustainable and inclusive growth. This approach relies on Sabah's marine strengths and rich biodiversity, encompassing strategic sectors such as modern fisheries, aquaculture, marine technology, maritime logistics, and nature-based tourism.
Details of the Blue Economy Potential
Hajiji confirmed that the blue economy could generate revenues of up to 3.25 billion Malaysian Ringgit annually from the fishing and aquaculture sectors, opening new horizons for economic growth in the state. He also highlighted the encouraging performance of the sector, which contributed 9.18 billion Malaysian Ringgit to the national GDP by the third quarter of 2025, with marine production exceeding 1.91 million tons valued at approximately 6.05 billion Malaysian Ringgit.
In the context of development achievements in the state, Hajiji explained that the implementation of SMJ 1.0 (2021-2025) has laid a strong foundation for Sabah's economic recovery and improved citizens' welfare, despite global challenges. Sabah recorded a historic achievement as state revenues approached 7 billion Malaysian Ringgit for the first time, reaching 6.96 billion Malaysian Ringgit in 2022 and 6.97 billion Malaysian Ringgit in 2023, while maintaining a strong level at 6.76 billion Malaysian Ringgit in 2025.
Background & Context
The blue economy concept emphasizes sustainable utilization of marine resources, which is crucial for Sabah's economic strategy. The government has recognized the potential of this sector and is committed to providing the necessary support and infrastructure to facilitate growth. The Teraju Aspirasi Outreach program aims to enhance awareness and engagement among local entrepreneurs regarding the opportunities within the blue economy.
Moreover, the blue economy aligns with global sustainability goals, contributing to environmental conservation while promoting economic development. Sabah's unique geographical position and rich marine biodiversity provide a competitive advantage in developing sectors like aquaculture and eco-tourism, making it essential for local entrepreneurs to engage actively in these areas.
Impact & Consequences
The anticipated growth in the blue economy is expected to create numerous job opportunities for the local population, particularly among the youth. By fostering entrepreneurship in this sector, the government aims to reduce unemployment rates and enhance the overall economic resilience of Sabah. The financial projections indicate that with proper investment and support, the blue economy can significantly contribute to the state's GDP.
Furthermore, the emphasis on sustainable practices within the blue economy can lead to long-term environmental benefits. By promoting responsible fishing and aquaculture practices, Sabah can ensure the preservation of its marine ecosystems while still benefiting economically from these resources. This dual focus on sustainability and economic growth is vital for the future of the state.
Regional Significance
The blue economy's development is not just significant for Sabah but also for the broader region. As neighboring states observe Sabah's initiatives, there is potential for collaborative efforts in marine resource management and sustainable tourism. This could lead to a regional framework that enhances economic ties and promotes shared environmental stewardship.
Moreover, the success of the blue economy in Sabah could serve as a model for other regions in Malaysia and Southeast Asia, showcasing how local resources can be harnessed sustainably. By positioning itself as a leader in the blue economy, Sabah can attract investment and expertise from around the world, further bolstering its economic standing.
In conclusion, the call to action by Chief Minister Hajiji Noor represents a strategic step towards enhancing the local economy and providing new job opportunities. By leveraging the blue economy, Sabah can achieve sustainable growth while ensuring the welfare of its citizens.