Labuan

Lying
out to sea from Brunei Bay and facing the South China Sea is the island
of Labuan, an international offshore financial centre and East
Malaysia's only deep-water anchorage.
Bandar Labuan is
the main town on the island and the place where the airport and ferry
jetty are. The main attractions are Labuan's tax-free status,
wreck-diving and duty-free shopping.
Labuan is a Federal
Territory governed directly from Kuala Lumpur. It is an important
offshore financial centre, but also has major petroleum and gas
installations which form an important part of the economy.
For recreation, Labuan is surrounded by picturesque islands, beaches and facilities for golfing, diving and yachting.
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