Wednesday November 22, 2017
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Masidi said from the revenue earned, the state government paid RM741.15 million to the Federal government in the form of corporate and income tax, including the Goods and Services Tax, while another RM2.915 billion was directly injected into the state economy. ― Picture courtesy of Sabah Tourism Board Masidi said from the revenue earned, the state government paid RM741.15 million to the Federal government in the form of corporate and income tax, including the Goods and Services Tax, while another RM2.915 billion was directly injected into the state economy. ― Picture courtesy of Sabah Tourism Board KOTA KINABALU, Nov 22 ― The tourism sector in Sabah raked in a revenue of RM6.396 billion in the first ten months of 2017, says Sabah Tourism, Culture and Environment Minister Datuk Seri Masidi Manjun.

He said from the revenue earned, the state government paid RM741.15 million to the Federal government in the form of corporate and income tax, including the Goods and Services Tax, while another RM2.915 billion was directly injected into the state economy.

He said the remainder comprised of company profits (25 per cent) and foreign remittance (20 per cent).

“Although the tourism sector does not contribute directly to the state government, it is still an important sector as it has a huge impact on the state economy via spillover effects like employment opportunities for the locals in the services sector,” Masidi said in the ministry's winding-up speech at the state assembly here today.   

Masidi said in order to enhance the tourism sector, the ministry had allocated RM12 million, next year, to upgrade tourism facilities at resorts in rural areas. ― Bernama

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