The Sabah Housing and Real Estate Developers Association (Shareda) lauded the move to establish a free trade zone in Lahad Datu’s Palm Oil Industrial Cluster (POIC) to spur economic growth in Sabah’s east coast region.
Its President Datuk Chua Soon Ping described move as timely and strategic to encourage trade in the region.
He said this would position Sabah to tap into the opportunities of the relocation of Indonesia’s future capital city Nusantara to Borneo