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Home > About RECODA
| | The Regional Corridors Development Authorities Ordinance, 2006 was passed by the Sarawak State Legislative Assembly on 11th December 2006 which prescribes these roles for RECODA: - To manage and promote development of the Regional Corridor
- To ensure more expeditious and efficient mobilisation and optimising the use of natural resources including water and hydropower of the State to facilitate development of the Corridor
- To plan for the development of the Corridor
- To implement the plans and projects for the development of the Corridor
- To service investor clients
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Organisation Model for RECODA A Regional Economic Development Authority (RECODA) will be set up to own, manage and implement the Sarawak Corridor. Its primary goal is to score the success of the Sarawak Corridor by 2030, which is measured by two broad criteria: - Creation of 1.5m new jobs
- Average GDP per capita growth of 5.5% pa
In this regard, RECODA’s role will revolve around 2 key objectives: - Achieve the projected investment of RM305 billion over the next 20 years
- Ensure planned physical and institutional infrastructure projects are successfully implemented
It is envisaged that RECODA will be organized around 4 main functions:
| Marketing and Investment
- This is the most important function of RECODA. It will plan and execute targeted and focused marketing programmes to attract global and local industry players to set up their business and/or manufacturing operations in the Sarawak Corridor.
| Infrastructure Development
- It is envisaged that RECODA will have direct authority for the growth and development of Tanjung Manis, Mukah and Similajau (the 3 key industrial growth nodes of the Corridor). At the same time, it will have liaison role with the various Government agencies to ensure broader infrastructure works are successfully completed.
| Human Resources Development
- RECODA will play a leading role in developing the infrastructure for HR development in the Corridor. This includes driving the development of training and research institutions that are relevant to industrial development.
| Corporate Services
- Beyond normal administrative, Corporate Services will include strategy and planning and corporate development. These roles will be crucial for RECODA, ensuring it remains relevant to the investment community. It is anticipated that both investment incentives and promoted industries may need to be reviewed and revised on a regular basis based on global market conditions and competition from other industrial parks.
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Finally, RECODA will be organized and managed with a commercial mindset focused on world-class customer service. In this regard, it will strive to minimize public service bureaucracy for investors through the one-stop agency operating model. For Further Information Please Contact: State Planning Unit Chief Minister’s Department, 6th Floor, Wisma Bapa Malaysia 93502 Petra Jaya, Kuching, Sarawak, Malaysia
Mr Buckland Bangik Email: buckland@sarawaknet.gov.my ( +6082 492275 )
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