Friday, January 25, 2008

A Home Away From Home in Sabah

The Sabah Development Corridor intends to implement several programmes over the course of 18 years leading to the year 2025, with one of its primary objectives being the establishment of the state as a leading economic region in Asia that stands as one of the most liveable places in the world.

It’s a known fact that one of Sabah’s strongest economic points is its bustling tourism industry, but it has become apparent that increasingly greater numbers of foreign nationals come to the country expecting to stay on vacation, only to discover that it is also an ideal place to call home.

Sabah recorded arrivals of 2.09 million visitors with receipts of over RM2.8 billion in 2006, with strong growth as evidenced by positive trends in visitor arrivals, with a compounded annual growth rate of 17.2% compared to the national average growth of 7.2% over the last five years.

These statistics do not take into account the number of foreigners who have decided to stay in Sabah, or wealthy private investors who commissioned the construction of luxurious holiday homes.

Continue reading (incl. pic) at: A Home Away From Home in Sabah

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