Pulau Pangkor Becomes a Duty-Free Zone in Budget 2018
During the live broadcast of the 2018 Budget presented by our Prime Minister, Datuk Seri Najib Razak, in Parliament on October 27, 2017, he made an interesting announcement to share with all the people of Perak regarding
Pulau Pangkor
.
For our loyal readers at orangperak.com, the plan to make
Pulau Pangkor
a duty-free island (Duty-Free Zone) is intended to help stimulate more vibrant economic activity in Perak.
The proposal to make
Pulau Pangkor
a duty-free zone was actually already included in the Perak state government's election manifesto since 2011. Now, this matter is appropriate to be realized as it is seen to benefit the local residents and the surrounding areas.
As we are already aware, in the 2018 Budget presentation announced by our Prime Minister, Datuk Seri Najib Razak, regarding
Pulau Pangkor
it has been recognized as
Pulau Pangkor
as a duty-free island, but it does not include alcoholic beverages, cigarettes, and vehicles. The concept brought by the Perak state government to make
Pulau Pangkor
a Duty-Free Island is different from Pulau Langkawi, where when people mention Pulau Langkawi, everyone knows cigarettes are cheap, and
Pulau Pangkor
is not like that.
With the status of
Pulau Pangkor
as a duty-free island, it can increase existing economic activities, especially retail businesses in seafood and tourism. It is possible that this will also create new entrepreneurs in the food and accommodation (homestay) sectors.