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      11 January 2018  

Press Release: Conference to mark 10-year anniversary of Sabah Development Corridor
 

Kota Kinabalu(Thursday) - The Sabah Economic Development and Investment Authority (SEDIA) will be commemorating the 10-year anniversary of the Sabah Development Corridor (SDC) with the National Conference on Economic Corridors: Challenges and Prospects. The conference will be held at Le Meridien hotel over two days beginning on January 29, 2018, the date officially marking 10 years since the start of the SDC programme, and is co-organised by SEDIA, the Institute for Development Studies, Sabah (IDS) and Universiti Malaysia Sabah (UMS). The opening of the conference and commemoration of the anniversary is expected to be officiated by Chief Minister Tan Sri Datuk Seri Panglima Musa Haji Aman.

In addition to the conference, SEDIA will also be organising a 10 Years of SDC Carnival that follows at a later date after the conference, which will be launched in Kota Kinabalu and held throughout the state. The carnival will showcase the various SDC projects and programmes, of which some had been completed over the past 10 years, involving the government, government-linked companies and members of the private sector. The carnival will also provide for business opportunities and serve as a trading platform for investors, Small and Medium Enterprises (SMEs) and Start-ups, allowing them to showcase their products and services.

 

The Sabah Development Corridor began with the launch of the SDC Blueprint on January 29, 2008, which saw a launching ceremony held at Sapangar Bay Container Port and officiated by then-Prime Minister Tun Datuk Seri Panglima Abdullah Haji Ahmad Badawi. This was followed by the establishment of SEDIA through the adoption of the Sabah Economic Development and Investment Authority Enactment 2009 on January 15, 2009. The SDC initiative is now midway through its implementation cycle that will complete in 2025, and in its third and final phase, thus SEDIA recognises that the anniversary is an opportune time to share with all stakeholders, especially members of the public, about all the projects, programmes and initiatives that have been implemented thus far through the SDC programme.


During the Ninth Malaysia Plan, then-Prime Minister Tun Datuk Seri Panglima Abdullah Haji Ahmad Badawi unveiled the regional economic development policy and established the economic corridors, each with its own well-defined and concise vision and focus. For SDC, the aim is to accelerate the growth of Sabah's economy, promote regional balance and bridge the rural-urban divide, while ensuring sustainable management of the state's resources. SDC is implemented in three phases: the First Phase (2008-2010) focused mainly on building a strong foundation for growth, through infrastructure development and setting off high impact economic and poverty eradication projects; the Second Phase (2011-2015) gave added emphasis on accelerating sustainable economic growth by attracting investments, strengthening SMEs, Start-ups, agro-entrepreneurs and agri-businesses, as well as promoting new sources of growth; while the Third Phase (2016-2025) will focus on making Sabah a more competitive and attractive destination, in relation to competitors as a destination for business, leisure and liveability.

The Sabah Development Corridor is one of five economic corridors initiated under the Ninth Malaysia Plan, and one of only two in east Malaysia. Apart from SDC, these economic corridors, meant to address development gaps throughout the country while pushing forward the country's economic growth, also include the following four:

  • Iskandar Malaysia (IM) in Johor;
  • Northern Corridor Economic Region (NCER) that encompasses Perlis, Penang, Kedah and northern Perak;
  • East Coast Economic Corridor (ECER) which covers the states of Kelantan, Terengganu, Pahang and Mersing district in northeast Johor; and
  • Sarawak Corridor of Renewable Energy (SCORE) of Sarawak.

Through the Sabah Economic Development and Investment Authority Enactment 2009, SEDIA is vested with the necessary power to serve as a decision-making and execution institution that is tasked to realise the SDC vision and mission, by being the One-Stop Authority to plan, co-ordinate, promote and accelerate the development of SDC. SEDIA is responsible to coordinate Federal and State government resources, expedite approvals, and oversee the Blueprint implementation.

Please click links below to download information and forms:

For more information on the conference, please call the SEDIA office at 088-450650 and direct all enquiries to Madam Marcella or Miss Nera.

- Media SEDIA

   
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