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Mida calls for coordinated investment strategy to position Borneo as investment hub

Mida calls for coordinated investment strategy to position Borneo as investment hub

KUALA LUMPUR (Oct 27): The Invest Borneo action plan should focus on shared value chains, improve cross-border ease of doing business and prioritise investment realisation to strengthen Borneo’s position as an investment hub, according to the Malaysian Investment Development Authority (Mida). 

Its chairman Tengku Datuk Seri Zafrul Abdul Aziz said Mida, through its offices in Kota Kinabalu and Kuching, stands ready to work with Invest Sabah, Invest Sarawak, the Brunei Economic Development Board, Indonesian colleagues and the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) to advance the initiative. 

“Borneo is unique. It is the only island in the world shared by three countries. To an…

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