Sabah Monitors Global Conflict Impact On Supply Chains
KOTA KINABALU, March 14 (Bernama) -- The Sabah government is monitoring the impact of global conflicts on goods supply chains and their implications for consumers through the state's Ministry of Industrial Development, Entrepreneurship and Transport (MINDET).
Deputy Chief Minister III Ewon Benedick said he had asked relevant agencies to prepare a more detailed report on how the conflicts were affecting the state.
Ewon, who also holds the minister portfolio for the ministry, said the report was important to provide a clearer picture of the impact on Sabah and end users, enabling the matter to be raised at the Cabinet level or discussed at a higher platform.
“I have asked the agencies involved to prepare a report on the interventions or follow-up actions that the government can implement,” he said in a statement today.
Ewon said the issue of global supply chains was discussed at the ministry’s post-Cabinet meeting last Wednesday, which was also attended by state and federal government agencies.
He said the conflicts had led to rising oil prices, which in turn increased logistics costs for both sea and air transport, disrupting supply chains.
In addition, security concerns and disruptions along international trade routes could delay the arrival of goods in Sabah and affect the export of certain products, he said.
The ministry will continue to monitor developments to ensure appropriate measures are taken to mitigate the impact on consumers in Sabah, he added.
-- BERNAMA