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 SPV2030 and Sabah Maju Jaya. SDC’s delivery mechanism will be enhanced in five areas in response to the changing economic and social environment.
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
Engage and Facilitate stakeholders across the public and private sectors to ensure effective collaboration towards implementation of SDC initiatives;
Develop and Promote investment opportunities and the investment ecosystem to attract a diversified range of investors, and increase realised investment rates;
Initiative and Execute high impact programmes to deliver tangible outcomes through transformative projects; and