Sun, 30 Jun 2024

HEADLINES :


ADVERTISEMENT

Changing the status of POIC FTZ to Free Zone
Published on: Friday, October 27, 2023
By: David Thien
Text Size:

Changing the status of POIC FTZ to Free Zone
An illustration of the proposal new Lahad Datu International Airport.
Kota Kinabalu: Former Chief Minister and POIC Chairman Datuk Seri Yong Teck Lee hailed the appointment of, Tan Sri Bernard Dompok as SME Corporation (SME Corp) Malaysia chairman.  Dompok was also a former Chief Minister.

“In Malaysia, SMEs make up the backbone of businesses.” POIC Lahad Datu is providing more premises to support SMEs. Due to the business growth potential of POIC, Yong is working on getting an international airport for Lahad Datu, besides positioning it as a transportation hub.

The establishment of Sabah’s first Free Zone (FZ) at POIC Lahad Datu will attract more investments and boost more high-income opportunities in the development of Sabah’s economy sooner, coupled with the prospects provided by the establishment of the new Indonesian capital Nusantara in Kalimantan.

Attendees at the Oct 20 “Briefing and Dialogue for members of the six associations of the Sabah Chinese Economic Conference” were told, they were welcome to invest at the POIC industrial site with the best deep-sea port in Sabah.





ADVERTISEMENT






Top Stories Today

Sabah Top Stories


Follow Us  



Follow us              

Daily Express TV  







close
Try 1 month for RM 18.00
Already a subscriber? Login here
open

Try 1 month for RM 18.00

Already a subscriber? Login here