KOTA KINABALU: The presence of China investors, tourists and silver hair retirees visiting or residing in Kota Kinabalu, will help to boost tourism and the property market which could garner an annual revenue of RM5 billion for cost of living and purchase of their second home.
Sabah Housing and Real Estate Developers Association (SHAREDA) president Datuk Francis Goh Fah Shun said the existence of a China consulate in Kota Kinabalu further improves the bilateral relationship between China and Sabah which could provide an easy source for reference, fast approval of visas and assists in promoting our tourism and property investment by encouraging more investors and tourists from China to visit Sabah, he said during
SHAREDA 37th anniversary dinner and with the theme ‘Moving Forward and Beyond’ at a resort here in Friday.
The highlights of the programme was the presentation of donations amounting to RM595,500 from SHAREDA members to Sabah Anti-Tuberculosis Association; families members of the four mountain guides who perished during the Ranau earthquake; Mount Kinabalu Guide Association and victims and families of earthquake disaster.
Assistant Minister of Local Government and Housing Datuk Dr Joachim Gunsalam represented his minister, Datuk Seri Panglima Hajiji Noor as the guest of honour.-Sayangsabah