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Brunei keen to invest in SDC

KOTA KINABALU, 16th April, 2009 : Brunei is exploring the possibility of investing in the Sabah Development Corridor (SDC), said Awang Matusin Orang Kaya Sura Tuba, the leader of a delegation comprising thirty senior government officials who visited the state.

“All of us would like to get to know better as to what the SDC can offer potential investors from Brunei.

“It is our responsibility to disseminate this information to the business community in Brunei so that they can benefit from the opportunities available in the SDC,” he said after paying a courtesy call on the Institute for Development Studies Sabah (IDS) here, yesterday.

Awang Matusin said while the delegation’s main task was to identify areas for participation in the SDC initiatives, this was particularly so with regard to the possibility of developing the Brunei Bay.

“Among the areas that we are looking at includes the aquaculture and seaweed industry. Another possibility is developing tourism activities in the Brunei Bay, especially the homestay industry,” he added.

Awang Matusin, who is also the Temburong district officer in the Ministry of Home Affairs, said the development of the Brunei Bay would also promote growth along the Muara district.

“If a proper link is developed between Temburong district and Muara, it would help enhance economic activities between Brunei and Sabah,” he explained.

Earlier, the delegation was briefed on the SDC by IDS director Datuk Dr Mohd Yaakub Hj Johari.

In his briefing, Mohd Yaakub told the delegation that the possibility of developing the Brunei Bay was put forward to the Sultan of Brunei during his visit to Sabah in February this year.

He said that the Sultan was very receptive to the idea of developing the Brunei Bay and showed keen interest in collaborating with Sabah for this purpose.

Also present at the briefing was IDS Executive Director, Mohd. Hasnol Ayub.

-New Sabah TImes

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SDC will create jobs: Pairin

Tawau February 07, 2009 : Deputy Chief Minister Datuk Seri Joseph Pairin Kitingan assured that the implementation of the Sabah Development Corridor (SDC) will create ample job opportunities, basically for local youths, in the State.

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Nearly RM600mil already given to Sabah for SDC

Kuala Lumpur February 22, 2009 : Nearly RM600 million has already been channelled by the Federal Government for the development of the Sabah Development Corridor (SDC) to the Sabah State Government, said Prime Minister Datuk Seri Abdullah Ahmad Badawi.

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Last Updated ( Monday, 10 November 2008 )
 
Welcome to SDC Open Community Website

The Sabah Development Corridor programme is a Government initiative to accelerate economic growth and elevate income levels in the state of Sabah. The SDC initiative will span from 2007 to the end of the 12th Malaysia Plan period i.e. 2025.

There are a number of objectives behind SDC initiative. Firstly, the programme is part of the Government’s commitment to helping the Region maximizes its economic potential and closing the development and inome gap between the different regions in Malaysia. Secondly, the Malaysian eonomy aims to move towards higher value-add and knowledge based economic activities to drive further increases in per capita income. Sabah has the potential to maximize its resources and be the leader in a number of these sub-sectors.

Last Updated ( Sunday, 09 November 2008 )
 
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