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What is Sabah Development Corridor mean?
The Sabah Development Corridor or SDC (Malay: Koridor Pembangunan Sabah or Koridor Sabah) is a new development corridor in Sabah, Malaysia. The SDC was launched on 29 January 2008 by the Malaysian fifth Prime Minister, Abdullah Ahmad Badawi.
The project is expected to take 18 years with total investment of up to RM 105 billion. On average, starts from the year of 2009, RM5.83 billion will be allocated each year for development. 900,000 jobs are expected to be created with this project along with a waterfront city, tourism sub project and a Sabah Railway terminal. The project kick-started with the Prime Minister Abdullah Ahmad Badawi announcing that the government has allocated an extra RM 5 billion under the Ninth Malaysia Plan to improve infrastructure and lower the cost of doing business in the state.
Key objectives of the project are:
make Sabah a gateway for trade, investment and tourismtransform the state into a harmonious state regardless of race or religioncreate job opportunities in the statemake the state more technology-savvymake the state a comfortable state to live in referencePosted on 19 Dec 2024, this text provides information on Miscellaneous in Community related to Community. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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