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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The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.
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