Malaysian Reserve : 10 Sept 2012
The federal government is confident of channelling more vessel repair jobs to Labuan now as the outlook of the oil and gas (O&G) sector in the island has improved.
Defence Minister Datuk Seri Dr Ahmad Zahid Hamidi who gave this assurance, said the move was in line with with the government's policy of helping the local companies more forward.
He said Labuan Shipyard Engineering Sdn Bhd (LSE), one of Asia's largest shipyard involved in vessel repairs and fabrication, has proven its capability to complete the various projects given.
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