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Sabah kidnappings could draw repercussions from Chinese investors
Publication Date : 07-05-2014
Sabah might face repercussions from Chinese investors following Tuesday’s kidnapping of yet another of its nationals in Lahad Datu.
Federation of Sabah Manufacturers (FSM) president Wong Ken Thau said on Wednesday that businesses were already hit hard by about 8,000 hotel room cancellations from Chinese tourists after the April 2 kidnapping and the latest one would only make situation worse.
“Chinese tourist and investors are definitely going to adopt a more cautious approach towards visiting or investing in the state,” he said.
“This (kidnappings) has to stop. We cannot go on like this forever,” Wong added.
Wonderful Terrace Sdn Bhd fish farm manager Yang Zai Lin, 34, was taken from his room at the farm around 2:45am on Tuesday by five armed men who managed to flee into southern Philippines after a brief gunfight with pursuing Malaysian security forces.
Wonderful Terrace, which is owned by a Hong Kong based investor is among some six caged fish farms operating in waters between the Silam shore and on Pulau Baik some 18km from the Lahad Datu town.
Wong said people are asking why these incidents seem to be increasing now that the government has increased their focus and manpower to safeguard the state’s sea borders.
“The authorities should really step up their performance and the government should not wait to send in and upgrade our security assets,” he added.