Page 66 - Malaysia 2016
P. 66
2016

FEDERAL TERRITORY OF LABUAN

http://www.labuantourism.com.my
The Federal Territory of Labuan is the second Federal Territory in Malaysia.
It has an area of 91.64 km² and has only one Parliamentary constituency.
It is located around 10 km from the Sabah beach and it takes two and a
half hours air flight from Kuala Lumpur. Labuan Island has been declared
as Offshore Financial Centre and Duty Free Port. The projected population
in 2015 is about 95,100 people. Labuan is not only famous for its large and
deep port but it is also known for its white sandy beaches along with clear
waters that allow visitors to enjoy and see the life of sea corals. Scuba diving
is the most appropriate tourism activity here.
In 2015, the Federal Territory of Labuan had recorded an economic growth at the rate of 6.9 percent and
contributed 0.5 percent to the national GDP. The breakdown of economic activities are services (75.5%),
manufacturing (19.2%), agriculture (1.6%) and construction (2.3%).
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