Labuan is a federal territory of Malaysia located off the coast of Borneo. It consists of one main island, Labuan Island, and several smaller islands. Known for its free trade zone, Labuan serves as a financial hub, attracting businesses and investors. The island features beautiful beaches, historical sites, and a diverse marine ecosystem. The economy of Labuan is primarily driven by the oil and gas industry, along with tourism and financial services. Visitors can explore attractions like the Labuan War Cemetery and Marine Park, which showcase the island's rich history and natural beauty.