Attracting Private Investments
While the Sarawak Corridor is inherently attractive, its attractiveness must be aggressively promoted so that investors, both local and foreign, will come together quickly to the Corridor in sufficient numbers to form the necessary critical mass. In order to direct the flow of investments to their rightful places in the Corridor and the State, special incentives must be designed to ensure unparalleled competitive advantage without undue sacrifice to the long-term benefits of the State and the nation. These can include: Attractive energy prices that are optimal in the long run for both the investors and the State/nation Attractively-priced land leases Attractive immigration rules for foreign expertise and workers, at least in the initial stages of the Corridor development Adequate provision of sufficient basic utilities and infrastructure (roads, ports, utilities) Attractive tax incentives.
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