TAWAU: A gathering of oil palm industry players for a conference here next week will help keep the momentum for continued growth in the sector in Sabah.
The 4th Palmex conference will be held from Tuesday until Thursday, bringing together some 40 international exhibitors and more than 100 key stakeholders at Promenade Hotel here.
Industrial Development and Research Department director Patrick Tan said things were looking up for the industry in the state, which accounted for about a third of the nation's crude palm oil output.
The three-day event would further strengthen the industry, said Tan, who is also the organising committee chairman of the conference cum exhibition, which will be held here for the first time.
The event was first held in Kota Kinabalu and the last two were held in Sandakan.
"We feel that the momentum is picking up, in so far as foreign investors' interest and local players' participation are concerned."
Tan said as the biggest crude palm oil producer in the country, Sabah also placed priority on achieving the Economic Transformation Programme's objective of tripling the gross national income from RM81 billion last year by 2020.-NST
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