Promoting Labuan’s Tourism Will Lead To Successful Economic Growth
Labuan must aggressively promote itself as a value-for-money destination in order to boost its domestic and international tourism appeal, according to Malaysian International Chamber of Commerce and Industry (MICCI) President, Datuk Tan Cheng Kiat. Known as a duty-free island, there are requirements to promote tourism to a complete innovative level and connect it to its massive economic growth since it is also an oil and gas and international financial centre. During a three days business exploration trip, 17 peninsular investors showcased their worries about the deficiency of investment and tourism promotions by the local authority and industry players. This could, in fact, impact on Labuan’s economic evolution and since it has all the required facilities and infrastructures, there are possibilities for exploring new development. Labuan would be in the near future as a significant support in Malaysia’s economic if thoughtful developments are done.
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