Sabah POIC to play major role in making Lahad Datu an investment hub

KOTA KINABALU: Lahad Datu will be turned into a centre for national and regional investment over the next ten years, says POIC Sabah chairman Datuk Seri Yong Teck Lee .

He said that the Sabah government was exploring a comprehensive development plan anchoring on POIC Lahad Datu which is being developed by state-owned POIC Sabah Sdn Bhd. "It will elevate Sabah as the heart of BIMP-EAGA and enhance development and inter-territorial economic opportunities especially with Indonesia's planned new national capital in East Kalimantan, our southern neighbour," added Yong.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

POIC to have more Sabah goods penetrate China market | New Straits TimesKOTA KINABALU: More Sabah goods will be able to penetrate the China market, said POIC Sabah Sdn Bhd chairman Datuk Seri Yong Teck Lee. Not really cool about doing business with China but hey, it helps the economy i guess Sure china will let you destroy your jungles for the great God palm oil. When sabah looks like a desert then maybe you will cry.
Source: NST_Online - 🏆 17. / 53 Read more »