To be a leading, respected and preferred corporation in driving investment and the economic development of Sabah.
Corporate
Sabah Economic Development Corporation
Sabah’s state economic development corporation, driving strategic investment, industrial growth and inclusive commercial participation across the state.
Group ParentFull profile
About SEDCO
Sabah Economic Development Corporation (SEDCO) was established on 21 December 1971 under the Sabah State Economic Development Corporation Enactment No. 30 of 1971. Its formation followed Malaysia's New Economic Policy and the creation of state economic development corporations to help eradicate poverty and restructure society.
From the outset, SEDCO was entrusted with coordinating, supervising and participating in industries capable of creating employment while expanding meaningful Bumiputera participation in commerce and industry.
SEDCO has since pursued industrial and commercial development through direct initiatives and joint ventures with Malaysian and international investors. Its commercial interests span manufacturing, property development, trading and services, complemented by a wider socioeconomic mandate to cultivate resilient Bumiputera enterprises and entrepreneurs.
Key facts
Established21 December 1971
Statutory foundationState Enactment No. 30 of 1971
CoverageSabah
Companies & joint ventures18 entities
Vision, mission & purpose
To drive Sabah's economic development, expand participation by the Bumiputera Commercial and Industrial Community, and secure more sustainable growth for the corporation.
The values behind SEDCO
Swift
Delivering prompt, efficient service and giving every official responsibility the priority it deserves.
Ethical
Upholding integrity and carrying out every duty to high moral and ethical standards.
Dedication
Serving with commitment, purpose and an enduring spirit of responsibility.
Competent
Building highly capable people through continuous learning, new skills and fresh knowledge.
Oneness
Strengthening the 1SEDCO spirit through unity, collaboration and mutual respect.
Products, services & facilities
Industrial development
Planning, promoting and developing industrial capacity and target industries in Sabah.
Direct investment
Mobilizing corporate participation and joint ventures in various industrial and commercial activities.
Economic infrastructure
Support the planning and implementation of modern industrial and commercial infrastructure.
Entrepreneur development
Supporting the formation of Bumiputera commercial and industrial communities in Sabah.
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