Sunday, September 26, 2010

Foreigners can buy uninhabited isles

Malaysia welcomes foreigners who wish to buy or develop any of its uninhabited islands as this could help stimulate the country’s economy and bring in more tourist dollars. The foreigners can develop these islands as joint ventures with locals or even build their homes here and make Malaysia their second home, said Tourism Minister Datuk Seri Dr Ng Yen Yen in Osaka recently.

However,she said the state governments would have the final say on such transactions as land is a state matter. “We are, however, open to this idea. It will help open up our economy and provide more opportunities to Malaysians as well,” she said, adding there were 1,007 islands around the country with the majority uninhabited and some remaining unnamed.

If this idea catches on some of our islands can be called Pulau America, Pulau Jepun, Pulau Francis, Pulau Italy, Pulau Australia and so on.

Dr Ng, on a promotion tour of Japan as usual , was speaking to a group of Japanese investors, travel agents and operators, and airline representatives here. She said Malaysia enjoyed political stability and was not exposed to natural disasters, such as typhoons or earthquakes. It was also a reasonably cheap place to live in, she added.

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