Ship building, repair tax incentive a boost to Sabah’s regional hub dreams

By DURIE RAINER FONG

KOTA KINABALU: The government’s move to incentivise ship building and repair under Budget 2023 bodes well with Sabah’s aim to make its east coast as a logistics hub for the Southeast Asia region.

Palm Oil Industrial Cluster (POIC) Sabah chief executive officer Datuk Fredian Gan said Malaysia’s intention to become a regional hub for this sector has sweetened related investment opportunities in Sabah, especially in its east coast.

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Budget 2023 , POIC Sabah , Business , Tax Incentive , Ship Building

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