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Grab opportunities provided to improve, tourism players urged

Masidi (3rd left) receiving a plaque from an official after launching the Engagement Session for Sabah Tourism Players with Ahmad Zaki (right)

14th March, 2018


KOTA KINABALU: Tourism players in Sabah have been urged to take every opportunity to heighten their competitiveness and service quality in order to face future challenges.

To help the industry achieve this objective, Minister of Tourism, Culture and Environment Datuk Masidi Manjun underlined the government had provided various assistance and facilities to help them improve the hospitality service quality.

“Among the types of assistance provided include various incentives accessible for industry players such as the Tourism Infrastructure Development Fund (TPIP) which offers financing schemes in the form of loans,” he said while officiating the Engagement Session for Sabah Tourism Players yesterday.

The fund, according to Masidi, is aimed at providing tourism players who are interested to develop or heighten the quality of their tourism products, particularly lodging such as hotels, resorts and chalets.

Whereas for non-accommodation said Masidi, namely theme parks, museums/ galleries, restaurants, convention centres and other projects, is designated by the ministry which provides a total minimum loan between RM5 to RM100 million.

“The government has also set up the Special Tourism Fund, another loan facility for small and medium sized entrepreneurs with a total borrowing offered starting at RM250,000 to RM30 million, with a yearly interest rate from BFR+0% p.a to BFR+2.5% p.a. which is the lowest compared to other commercial banks,” he added.

The scheme is available to small and medium size tourism players registered with the Companies Commission of Malaysia (SSM).

With the opportunities being provided by the government, he expressed confidence stakeholders of the industry would achieve their goals and targets.

Commenting on the programme, Masidi said the session was a proactive initiative to brief tourism industry players in the state on various government programmes available to assist the local tourism players, as well as provide better insight on the direction of the state’s tourism sector.

“The session is also beneficial for local tourism players and entrepreneurs to gain understanding on tax exemption incentives among others, being offered through the registration of tourism projects and Malaysia Tourism Quality Assurance (MYTQA),” he said.

Among those who attended the function include Director of Malaysian Ministry of Tourism and Culture (MOTAC) Sabah State Office Ag. Ahmad Zaki Abu Bakar

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