Borneo Post , Photo Credit to MM2H
clock 12-10-2017
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Huge Potential to Invest in Tourism Sector

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Malaysia Chinese Chamber of Commerce (MCCC) Sabah branch president Datuk Frankie Liew hoped that China-based tourism industry players would collaborate with their counterparts in Sabah to develop and provide more quality tourism products.

He said the warm hospitality, vibrant cultures and lack of language barrier in the State would offer and enjoyable travel experience for tourists.

Liew said the tourism sector, which saw an increasing number of tourist arrivals, was one of the main income sources of Sabah. With the recent announcement by Chief Minister Tan Sri Musa Haji Aman o the targeted arrival of one million Chinese tourists and inbound tourists from Korea and European countries this is huge potential to invest in tourism-related sectors in Sabah, he said.

Liew said many local companies and entrepreneurs, particularly members of MCCC Sabah branch, owned lands which could be developed into resorts and tourism attractions as joint venture projects with Chiba-based firms.

He added that many domestic banks were also willing to provide financing facilities to Chinese companies that invested in local projects.

"We hope more Chinese firms would realize the local potential in Sabah, including in the tourism, agriculture aquaculture and technology industries.”

He said the chamber would do its level best to facilitate cooperation between investors from Malaysia and China. Liew said that when meeting a delegation from Guangzhou who visited Sabah to explore investment opportunities in local development projects.

The delegation members were also briefed on the Malaysia My Second Home (MM2H) programme and financing facilities by UOB.

Also present was MCCC Sabah branch vice president Foo Ngee Kee.

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