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RENEWABLE ENERGY
(WILAYAH PEMBANGUNAN
KORIDOR PEMBAHARUAN
TENAGA SARAWAK)
(SCORE)
BACKGROUND OF SARAWAK
Located on the North–Western shore of Borneo Island.
The largest of the 13 states in the Federation of Malaysia &
cover a total area of 124 449 sq km.
Industrial Institutional
Marketing
Development Development
Strategy
Strategy Strategy
Concept :
New heavy industries.
Abundant energy, cheap land,
Waterfront.
Rational : Implementation :
Economical location. Port.
Far away from Zoning.
population centres. Development.
Types of Industries :
Aluminium smelter
and downstream.
Steel mill and downstream.
Flat glass and downstream.
Heavy marine engineering
and similar.
10 PRIORITY INDUSTRIES
Oil – Based industry.
Aluminium industry.
Steel industry.
Glass industry.
Tourism industry.
Palm – Oil industry.
Timber – Based industry.
Livestock industry.
Aquaculture industry.
Marine engineering industry.
INCENTIVES
INVESMENT INCENTIVES.
Investors in strategic industries will receive attractive
financial incentives to set up their operations in SCORE.
Among them are incentives offered by the Federal
Government through Malaysian Industrial Development
Authority (MIDA).
Other incentives that investors receive – infrastructure
allowance, import duty exemption and double deductions
on freight charges.
MIDA offers other specific incentives for small-scale
companies – for promoted services and for exports.
RECODA
The corridor is managed & promoted by The Regional
Corridor Development Authority (RECODA).
Infrastructure Development.
Corporate Services.
ECONOMIC IMPACT
• The Sarawak economy is expected to undergo significant
transformation with the implementation of the corridor
development plan.
• 2030 – Sarawak’s economy will grow by more than five times,
dominated by manufacturing, construction & services.
• The real GDP figure for Sarawak in 2006 was USD6.7 billion &
GDP growth was at 4.9%.
• By 2030 – projected that without SCORE, the State’s real GDP
would reach USD21.9 billion & growth at 5%.
• With the implementation of the corridor development
programme, Sarawak’s projected real GDP in 2030 would be
more than double that figure at USD34.6 billion & growth at
7%.
• Sarawak will achieve the status of a development state well
within the timeframe of Vision 2020 & in the process achieve
the goal of balanced development.
CONCLUSION