SEDIA as the One-Stop Authority to Drive SDC

The Sabah Economic Development and Investment Authority (SEDIA) is entrusted as the One-Stop Authority to drive the Sabah Development Corridor (SDC), with the primary responsibility to plan, co-ordinate, promote and accelerate the development of SDC.

In order to expedite the implementation of SDC, the Sabah State Legislative Assembly had approved the instrument for the establishment of SEDIA via the adoption of the Sabah Economic Development and Investment Authority Enactment 2009 on January 15, 2009. The Enactment was assented by Tuan Yang Terutama Yang Di-Pertua Negeri Sabah on February 23, and gazetted on February 26, 2009.

Roles of SEDIA

Role of SEDIA Redefined to Ensure Effective Delivery 

As a state statutory body, SEDIA is accountable to both the State and Federal Governments. This legal requirement for SEDIA to report, interface and coordinate with the State and Federal Governments places it in a unique position to support Sabah’s development agenda and for the successful implementation of the SDC Blueprint 2.0. 

SEDIA’s role is vital in ensuring the effective delivery of the SDC Blueprint 2.0, in line with the aspirations of Malaysia MADANI and Sabah Maju Jaya. SDC’s delivery mechanism will be enhanced in five areas in response to the changing economic and social environment.  

1

Strategise and Synergise direction for SDC to ensure achievement of balanced development aspirations, and that all SDC initiatives are aligned with National and State development policies

2

Engage and Facilitate stakeholders across the public and private sectors to ensure effective collaboration towards implementation of SDC initiatives; 

3

Develop and Promote investment opportunities and the investment ecosystem to attract a diversified range of investors, and increase realised investment rates;

4

Initiative and Execute high impact programmes to deliver tangible outcomes through transformative projects; and

5

Advise on, and Monitor implementation of the SDC Blueprint 2.0 to ensure not just timely completion but also that desired outcomes are delivered. 

Objectives of SEDIA

The objectives of SEDIA are:
  • To promote and accelerate the development of the Sabah Development Corridor into a leading economic region and a choice destination for investment, work and living; and
  • To ensure that social development and sustainable development are kept as priorities whilst driving economic growth in the Sabah Development Corridor.

Functions of SEDIA

The Sabah Economic Development and Investment Authority Enactment 2009 lists the functions of SEDIA as follows:
  • To recommend to the Government or the Federal Government on all projects of potential economic growth and opportunities to be included in the Sabah Development Corridor;
  • To disburse funds received from the Government or the Federal Government for the Sabah Development Corridor to the relevant implementing Government Entities;
  • To co-ordinate the expeditious implementation of all projects in the Sabah Development Corridor by performing the functions of a one-stop centre;
  • To monitor and report to the Government and the Federal Government the status of all projects in the Sabah Development Corridor;
  • To promote and market the Sabah Development Corridor as an attractive business and investment location;
  • To recommend to the Government and the Federal Government incentives for the Sabah Development Corridor;
  • To recommend to the Government or the Federal Government on policy reforms and other initiatives for the Sabah Development Corridor;
  • To source funds for the Sabah Development Corridor; and
  • To do all things as are expedient, advantageous or necessary for, or incidental, supplemental or consequential to, the performance of the functions of the Authority and the better carrying out of the purposes of the Sabah Economic Development and Investment Authority enactment.