Monday, 25 June 2012

SDC TO ACCELERATE ECONOMIC GROWTH




KOTA KINABALU: The second phase of the Sabah Development Corridor (SDC), between 2011 and 2015, will see accelerated economic growth with greater private investment and first class human capital development, said Sabah Economic Development and Investment Authority (Sedia) chief executive officer Datuk Dr Yaakub Johari.

“In this timeline, we anticipate tourism to surpass a 10 per cent share of gross domestic product (GDP), the creation of critical small-and-medium enterprises (SMEs) serving downstream manufacturing companies, and to have   agri-businesses that participate in high value agriculture,” he said here yesterday.

He said the SDC managed to secure a record RM30.6 billion in investments during the first phase (2008-2010), whereby RM11.95 billion was realised, surpassing the target of RM11.3 billion.

“New business and investment opportunities have also been generated arising from the implementation of the various SDC projects.

“The resulting vibrant investment climate has further boosted investor confidence and encouraged  substantial investments into Sabah.

“Sabah has been receiving enquiries and visitors from foreign investors and embassy officials regarding investment opportunities in SDC.

“Sedia is now in the midst of negotiating with potential investors from Brunei, Middle Eastern countries, the United States, the United Kingdom, Australia, China, India, South Korea and Japan,” Dr Yaakub added.

He said the implementation of SDC projects, as well as, new investment opportunities have created new business and employment opportunities for professionals, skilled, semi skilled and unskilled construction workers.

“In terms of job opportunities and employment creation, about 32,900 new jobs were created in 2008 following the launch of SDC and more than 40,000 new jobs in 2009,” he said.

Dr Yaakub said the third phase (2016-2025) of the SDC would see Sabah emerging as one of the leading economic regions, particularly, in resource-based industries.

“With this in mind, we envision Kota Kinabalu to become one of the most liveable cities in Asia, an emerging metropolis which draws talent, capital and companies.

“The SDC is not only about economic prosperity…we aspire to have people living together in harmony regardless of race, language or religion,” he added. (Bernama)

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50 comments:

  1. Anonymous25 June 2012 at 15:13

    By 2015, we hope we can see a big economic growth in Sabah. no more title for Sabah as the poorest state in Malaysia.

    ReplyDelete
    Replies
    1. POP25 June 2012 at 20:15

      This will be chance for us.

      Delete
    2. Ezef25 June 2012 at 20:24

      I hope SDC will promote more things in the future.

      Delete
    3. No name28 June 2012 at 12:21

      Tidak mungkin Sabah akan menjadi negeri termiskin dengan sumber-sumber yang boleh menjana pendapatan yang banyak.

      Delete
    4. No name29 June 2012 at 18:03

      SDC akan membawa Sabah ke peringkat yang berkembang

      Delete
    5. TuhauBam3 July 2012 at 15:11

      As Sabah progresses into 10MP and SDC,the Government would continue to plan and implement timely projects with the overall aim of uplifting standards of living.

      Delete
  2. Anonymous25 June 2012 at 20:09

    diharap pembangunan sabah akan terus bergerak dengan pantas...status antara negeri termiskin di malaysia harus dikikis buat selamanya.

    ReplyDelete
  3. Ezef25 June 2012 at 20:23

    This is one of the good news we have in 2012.

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  4. unknown25 June 2012 at 20:26

    The economic growth in Sabah is getting more and more. I'm glad that the government is making an effort to it.

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    Replies
    1. No name29 June 2012 at 18:09

      Not only the government but the people has need to work hard also.

      Delete
  5. unknown25 June 2012 at 20:44

    Good luck.

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  6. unknown25 June 2012 at 20:45

    SDC is one of the GLCs that have helped in improvising the whole state.

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    Replies
    1. No name28 June 2012 at 12:27

      Good luck to SDC, hope this will lead to positive economy growth.

      Delete
    2. No name29 June 2012 at 16:05

      Mogakan yang terbaik untuk ekonomi di Sabah.

      Delete
  7. Unknown26 June 2012 at 14:56

    Semoga apa yang dirancangkan akan berjalan dengan lancar. Usaha kerajaan yang berterusan ini patut disokong rakyat.

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  8. No name28 June 2012 at 12:24

    Usaha semua golongan amat diperlukan untuk membaiki status negeri Sabah.

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  9. No name28 June 2012 at 12:26

    Sabah akan menghala ke arah yang lebih berkembang dengan perkembangan industri-industri yang berpotensi.

    ReplyDelete
  10. No name28 June 2012 at 12:28

    Perkembangan ini akan membawa perubahan dari segi taraf kehidupan.

    ReplyDelete
    Replies
    1. joey2 July 2012 at 23:21

      ya, ini dapat membantu kepada pembangunan dan peningkatan taraf hidup rakyat Sabah.

      Delete
  11. Sanih Alias28 June 2012 at 15:50

    Sebenarnya jika SDC ini dirancang dengan baik dan dilaksanakan sepenuhnya pasti akan mencapai pembangunan yang baik.

    ReplyDelete
  12. Unknown28 June 2012 at 16:13

    SDC yang ada ini akan membuka mata pelabur asing untuk datang ke Sabah. Bukan saja Sabah ini kaya dengan keindahan alam namun antara Negeri yang aman damai.

    ReplyDelete
    Replies
    1. azman3 July 2012 at 00:12

      jika ekonomi terus berkembang dan keamanan setiasa terjaga, pelabuar asing akan lebih ramai datang ke sini.

      Delete
  13. No name29 June 2012 at 18:07

    kerajaan harus memastikan perancangan yang lebih keseluruhan agar pembangunan juga keseluruhan.

    ReplyDelete
  14. No name29 June 2012 at 18:08

    Mogakan SDC akan membawa manfaat khas golongan yang kurang berkemampuan.

    ReplyDelete
  15. mantera30 June 2012 at 11:43

    byk projek luar bandar dilakukan seperti naiktaraf jalan raya di keningau, kalabakan dan byk lagi.

    ReplyDelete
  16. joey2 July 2012 at 23:19

    SDC dijangkan akan memberikan hasil yang positif dan perkembangan ekonomi yang pesat kpd Sabah.

    ReplyDelete
  17. azman3 July 2012 at 00:11

    ekonomi Sabah semakin berkembang, ini sesuatu yang baik.

    ReplyDelete
  18. TuhauBam3 July 2012 at 15:13

    total cumulative committed investment in the SDC has reached RM107 billion as at the end of the first quarter of this year.this reflects the private sector confidence in the state’s economy following the alignment of SDC and other projects with national level plans.

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  19. Mumbai16 July 2012 at 15:49

    yup.. and with the effectiveness and efficiency of state government administration, this state managed to be ranked no.1 for the highest private investment in this country..

    ReplyDelete
  20. DorianG23 July 2012 at 15:09

    There are now RM112.8 billion worth of investments planned and committed in Sabah ever since the Sabah Development Corridor (SDC) was launched in January 2008, said Chief Minister Datuk Seri Musa Aman.

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  21. DorianG23 July 2012 at 15:09

    Speaking at the 10th Sabah Economic Development and Investment Authority meeting at Wisma Sedia, Thursday, he said it was undeniable that the SDC, which runs on the State Government Halatuju Agenda, has stimulated the investment climate for Sabah.

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  22. DorianG23 July 2012 at 15:09

    "Several huge investments from both domestic and overseas such as in the oil and natural gas industry, oil palm, fisheries, livestock breeding and tourism are now located in Sabah," he said.

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  23. DorianG23 July 2012 at 15:09

    He said flagship projects such as the POIC Lahad Datu and Sandakan, Keningau Integrated Livestock Centre, Sandakan Education Hub, Sabah Agro-Industrial Park, Oil and Natural Gas Cluster, Marine Industry Cluster, Kinabalu Gold Coast Enclave and agropolitan projects are already in their implementation phase.

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  24. DorianG23 July 2012 at 15:09

    He said several infrastructure projects also have been successfully completed.

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  25. DorianG23 July 2012 at 15:18

    He said Prime Minister Datuk Seri Najib Tun Razak launched the Kemabong Agropolitan and the Tongod Agropolitan by Deputy Prime Minister, Tan Sri Muhyiddin Yassin, last year.

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  26. DorianG23 July 2012 at 15:19

    This year alone, Najib, he said, also launched the Sabah Ammonia-Urea Complex (Samur) project in Sipitang on Feb 16 and the Keningau Integrated Livestock Centre and Sabah Handicraft Centre in June 16.

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  27. DorianG23 July 2012 at 15:19

    Musa said he also had the opportunity to launch the Sembulan Riverpark, another of the various SDC projects, just last month.

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  28. DorianG23 July 2012 at 15:19

    The SDC projects, he said, have been streamlined with that of the Government Transformation Programme (GTP) and Economic Transformation Programme (ETP) through the Corridor's and Bandar Utama initiatives.

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  29. DorianG23 July 2012 at 15:19

    "I am very happy that the governance structure for the implementation of the Corridor and Bandar Utama initiatives is fully operational," he said.

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  30. DorianG23 July 2012 at 15:20

    The committee has already been appointed, he said, and that at the first meeting of the SDC committee conducted on Apr 27 Minister in the Prime Minister's Department cum Pemandu Chief Executive, Datuk Seri Idris Jala, was present.

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  31. DorianG23 July 2012 at 15:20

    The State Government and the Sabah Economic Development and Investment Authority (Sedia), he said, were also instrumental in helping to commence public-private partnership programmes under the supervision of the Public-Private Partnership Unit (UKAS).

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  32. DorianG23 July 2012 at 15:20

    So far, he said, the Tawau Green Energy, project owner of the geothermal power plant and three EPP project holders namely Sipadan Mangrove Resort, Sabah International Convention Centre (SICC) and International Technology and Convention Centre (ITCC) has signed the easy funding agreement with UKAS and Bank Pembangunan Malaysia.

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  33. DorianG23 July 2012 at 15:20

    He said the Federal Government has approved RM353.93 million of the total RM459.2 million so far for the four projects.

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  34. DorianG23 July 2012 at 15:20

    Musa said Sedia has also signed the Heads of Agreement (HoA) with Annam Corporation, a subsidiary of Brunei Investment Agency, on June 16 in conjunction with the ground-breaking ceremony of the SDC Keningau Integrated Livestock Centre.

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  35. DorianG23 July 2012 at 15:21

    The Jejak Teraju programme that was launched on June 5, he said, is aimed at enhancing bumiputera entrepreneurs' participation in SDC projects.

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  36. DorianG23 July 2012 at 15:21

    "Teraju has set up a secretariat at TERAJU@Koridor for SDC at Sedia's office to facilitate entrepreneurs interested to obtain advisory services on how to utilise the easy funding worth RM100 million for bumiputera entrepreneurs in Sabah," he said.

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  37. DorianG23 July 2012 at 15:21

    He said Sedia has also signed a Memorandum of Understanding (MoU) with the SME Bank on May 20 to assist small and medium enterprises (SMEs) that are involved in economic activities in SDC gain access to loan facilities.

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  38. DorianG23 July 2012 at 15:22

    He said Sedia has also created a one-stop-information centre named SDC Information Centre at its office.

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  39. DorianG23 July 2012 at 15:22

    All these initiatives, he said, are to ensure all levels of the socio-economy enjoy the benefit of development in Sabah just as the government promises that "no one is left behind".

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  40. DorianG23 July 2012 at 15:22

    Musa in his capacity as Sedia Chairman, also congratulated Datuk Seri Dr Ali Hamsa on the latter's appointment as the new Chief Secretary to the Government.

    ReplyDelete

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