LABUAN CORP TENDERS OUT 3 PROJECTS
Plan to recover investment, boost coffers and overall economy
LABUAN Corp (LC) has tendered out three prominent development projects as part of efforts to recover investment and boost coffers as well as its economy as a whole.
The projects are the popular tourism spot of Pulau Papan, the esplanade by the old fisheries jetty on Jalan Merdeka in the downtown area, and the RM86 million Labuan Halal Hub Complex.
The tender for the 8.13ha Pulau Papan is to seek investors, property developers and contractors
to build facilities for tourism recreation, hotels, tourism commercial centre and related activities.
The island, which is popular for sea sport activities, including snorkelling, currently has four chalets with three rooms each, an administration office with a meeting room and staff quarters, a generator house, a store, an open hall, a jetty, camping sites, toilets and other basic facilities.
The esplanade project is for the construction of facilities for related activities and duty-free shops.
A spokesman for LC said the esplanade project had long been planned by LC as part of its longterm tourism development plan.
The tender for the much talkedabout Labuan Halal Hub Complex in Kiamsam, which he said had not benefited Labuan economically, was for the lease of the entire building to licenced property developers.
He said the three projects were expected to commence next year upon approval by the LC’s tender committee.
The tenders are available on the Labuan Corp website and open from until July 11.