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Monday, June 25, 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 encouragedsubstantial 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)

32 comments:

  1. harap SDC ini akan dpt membawa kepada pembangunan lebih pesat kepada Sabah hingga menjadi negeri termaju.

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  2. wow, berita yang baik. Harap SDC mampu jadikan Sabah membangun lebih pesat.

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    Replies
    1. Jiak diuruskan dengan baik, pasti ekonomi Sabah akan melambung.

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  3. Pastikan usaha ini berjalan lancar dan membuahkan hasil positif. All the best.

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    Replies
    1. We hope something a real positive to local economy.

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  4. Satu berita yang mengebirakan, harap akan berjalan seperti yang di rancang.

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  5. SDC pasti akan membuka lembaran baru kepada ekonomi Sabah.

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    Replies
    1. Projek ini harus diuruskan dengan bijak untuk menjamin kejayaan.

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  6. Semoga kawasan luar bandar juga dapat merasa impak yang besar daripada projek2 yang dilaksanakan melalui SDC.

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

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  7. Banyak peluang pekerjaan yang wujud hasil pelaksanaan SDC ni. tiada alasan untuk mereka yang masih menganggur sukar untuk mencari pekerjaan.

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  8. SDC will create more working opportunity.

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  9. Semoga perancangan ini mencapai matlamat dan berjaya membangunkan ekonomi

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  10. Belia harus menghargai peluang yang rakyat sediakan.

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  11. SDC ini adalah satu usaha yang baik untuk penduduk kerana akan dapat membantu memberikan peluang pekerjaan kepada rakyat.

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  12. Rancanglah sesuatu yang baik kepada Negeri Sabah. Teruskan memberikan pembangunan tidak kira dibandar, luar bandar dan juga pendalaman.

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  13. Would be good if could state what kind of job opportunities are or will be provided.

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  14. SDC will bring Sabah economy to a better status. Hoping this will help the people to change their living standard.

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  15. How to ensure the success of SDC?

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    Replies
    1. Trust and honesty are the important elements for a good management to succeed in business.

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  16. Belia harus bersedia untuk menghadapi perubahan dan merebut peluang pekerjaan.

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  17. BN is the only political vehicle which ensures Sabah’s long term, socio economic development

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  18. dengan pelaburan swasta rm10 bilion yang mana pelaburan tertinggi di Malaysia, jelas membuktikan bahawa ekonomi Sabah sedang berkembang..

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  19. Since the launch of the Sabah Development Corridor (SDC) in 2008 and as of June 30 this year, Sabah has attracted planned and committed investments of RM112.8bil.

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  20. Sabah Chief Minister Datuk Seri Musa Aman said this was an indication that the SDC had succeeded in boosting the investment climate in the state.

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  21. Speaking at the 10th meeting of the Sabah Economic Development and Investment Authority (Sedia) , he said a number of major investments, from both domestic and overseas, in sectors including the oil and gas industry, oil palm, fishery, livestock and tourism was starting to flow into the state.

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  22. The new investments include those by Annam Corp, a subsidiary of the Brunei Investment Agency.

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  23. Sabah had a total of 22,119 active business organisations in 2010, according to the 2011 Economic Census Report.

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  24. Chief Statistician Dr Abdul Rahman Hasan said of this figure, 18,047 or 81.6 per cent were in the services sector, 1,443 (6.5 per cent) in manufacturing, 1,284 (5.8 per cent) in construction, 1,311 (5.9 per cent) in agriculture and 34 (0.2 per cent) in mining and quarrying.

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  25. Abdul Rahman said the business community played an important role in driving economic growth and in the implementation of the government’s Economic Transformation Programme (ETP).

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  26. “Looking at the statistics, it is obvious the country is on the right track, as envisaged in the ETP,” he said when launching a programme on the role of respondents in the provision of quality data as inputs for national economic planning.

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