MDEC hopes govt will restore cabotage exemption in Cabinet meeting | Malay Mail

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MDEC hopes govt will restore cabotage exemption in Cabinet meeting

Tuesday, 27 Apr 2021 04:54 PM MYT

Chairman Datuk Rais Hussin Mohamed Ariff said the exemption is vital to make Malaysia an appealing investment destination for digital infrastructure in light of the Malaysia Digital Economy Blueprint initiative. “For the for long term, let introduce a legislative policy to ensure that this matter will not recur again to restore investor’s confidence and for Malaysia to become a hub for Asian,” he said during the Mid-Day Update programme on Bernama TV today.“The fibre businesses highly rely on service level guarantee and service level agreement that was given out by technology giants.

The Cabinet is expected to make a decision on the cabotage policy tomorrow following a two-week period given by Prime Minister Tan Sri Muhyiddin Yassin for related ministries to review the country’s cabotage policy on the digital and shipping industries.

Source: News Formal (newsformal.com)

 

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