Strengthening Collaboration for Labuan’s Sustainable Growth

Labuan FSA Engages with Department of Federal Territories to Explore Strategic Opportunities for Labuan Development. Led by Mr Jaffree Ismail, Deputy Director General of Labuan FSA paid a courtesy visit to Labuan Corporation for an engagement session with YBhg. Datuk Muhammad Azmi bin Mohd Zain, Director General of the Department of Federal Territories (JWP), on 19 June 2026.

The engagement provided an opportunity for Labuan FSA to share updates on the strategic development of Labuan International Business and Financial Centre (Labuan IBFC) and explore potential opportunities to leverage the jurisdiction in supporting Labuan Island’s broader development priorities.

During the session, Labuan FSA highlighted several strategic initiatives aimed at enhancing Labuan’s economic growth, investment attractiveness, and sustainable development. These included proposals relating to Labuan development funding, talent pipeline development, capital mobilisation initiatives, Global Sukuk Tokenisation, Climate Sukuk Initiative, and other strategic propositions to further strengthen Labuan’s position as a dynamic international business and financial hub.

The engagement reaffirmed the importance of collaboration among key stakeholders in driving coordinated efforts towards Labuan’s sustainable growth. Through continued partnerships with JWP and other relevant stakeholders, Labuan FSA remains committed to advancing initiatives that contribute to the long-term prosperity and development of Labuan Island.

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