Review cabotage policy to boost Sepangar Port, says Sabah minister - Nation - News Summed Up

Review cabotage policy to boost Sepangar Port, says Sabah minister - Nation


KOTA KINABALU: The cabotage policy must be liberalised or even abolished in order to make Sepangar Port a regional transshipment hub, state Special Tasks Minister Datuk Teo Chee Kang (pic) said. "The cabotage policy, insofar as it applies to Sabah, should be re-evaluated by the Federal Government," said Teo, who is Liberal Democratic Party (LDP) president. "When the time comes, we need to put in place policies and incentives which will attract more foreign vessels to call at Sepangar Port," he said. However, Teo said, it was just common perception that the cabotage policy is the main cause of costlier goods in Sabah. I doubt very much that in the event the cabotage policy is abolished, the price of goods in Sabah will drop overnight.


Source: The Star April 26, 2017 08:26 UTC



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