Accra:Sabah The 2027 Budget has been announced with significant financial allocations aimed at enhancing state development through strategic investments in infrastructure to foster economic growth and improve citizen welfare.
According to BERNAMA News Agency, the Federal Government has increased its allocation for Sabah to RM18.6 billion for the upcoming year, up from RM17.6 billion this year. Sabah Chief Minister Datuk Seri Hajiji Noor described the budget as a comprehensive financial plan that provides relief through initiatives such as tax reductions and incentives for various societal groups, despite challenges arising from the ongoing crisis in West Asia.
Selangor is set to benefit from high-value investments, including a RM1.25 billion allocation for the development of data centers and logistics in Elmina. Additionally, there is a partnership between Khazanah Nasional Bhd and the state government in the semiconductor sector, which is expected to create high-skilled jobs, increase incomes, and boost competitiveness through training and technology.
Beyond technological investments, the Selangor budget includes RM100 million to address flash floods in Klang Valley and funding for the construction of the Bandar Serenia School Complex in Sepang. Selangor Menteri Besar Datuk Seri Amirudin Shari emphasized the budget's potential advantages and stressed the necessity for efficient and transparent allocation implementation.
In Melaka, there will be the execution of five projects focusing on human capital, housing, security, and overall well-being. Melaka State Secretary Datuk Salhah Salleh highlighted projects such as the Melaka Centre of Excellence and the Sungai Rambai Flood Mitigation Plan, noting their alignment with the state's efforts to enhance worker welfare and community well-being.
The Melaka state government intends to thoroughly review and coordinate follow-up actions on these announcements, ensuring they align with Federal Government requirements and mechanisms.