Labuan, the Garden Island of Borneo is one of Asia's best kept secrets. It is a place where the old and the new complement each other, where traditional ways and hi-tech methods co-exist, where people of diverse cultures live in perfect harmony. Surrounding coral reefs provide a glimpse into the fascinating and delicate marine eco-system. Secluded beaches on nearby islands offer quiet solitude. Four shipwrecks promise the thrill of danger for expert divers. The island's rich history is reflected in its unique customs, monuments and memorial parks.
From resorts and five star hotels to broadband telecommunications, Labuan is well equipped to host
Its success as a progressive International Offshore Financial Center in Asia further boosts the island's appeal among the world's rich and famous. As a duty free island, Labuan enjoys many special privileges and facilities. Besides great bargain shopping, the island offers plenty of business and investment opportunities. Raw materials and components used in manufacturing can be brought in and exported free of duty and taxes. The easing of custom control allows many profitable entreport activities to be conducted freely in Labuan. Oil and gas is the main economic activity on the island. Other fast growing sectors include banking and finance, tourism and education.