The Financial Coconut Podcast

← The Financial Coconut Podcast8 sep · 32 min

Why Singapore SMEs Should Invest in Sabah, According to Its New Investment Chief [TBS 62, Sponsored by STTOS]

Why Singapore SMEs Should Invest in Sabah, According to Its New Investment Chief [TBS 62, Sponsored by STTOS]8 sep32 min

Every Singapore business that outgrows Singapore looks north. Most stop at Johor. It's close, it's familiar, and anything further feels like a different order of decision. Sabah is three hours away and does not make the shortlist.

Closing that gap is now Kevin George Ukang's job. Five months into running Invest Sabah, after sixteen years inside a regional development authority, his pitch to Singapore SMEs is narrower than you'd expect: tourism, logistics and food processing, with cold chain the loudest gap of the three.

Hotels in Kundasang sell out while travellers are still looking for beds. Cold storage runs short in a state built on perishables. Foreign investors can hold full equity, though native title land stays off the table. None of that makes Sabah easy. It makes it early.

If you've been weighing where to grow next, has Sabah ever made your list, and what would put it there?

Explore STTOS's trade and investment support and watch the full episode on YouTube for the key insights.

#TheFinancialCoconut #STTOS #Sabah #SingaporeSME #InvestSabah #BusinessExpansion

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