The Sabah Economic Development Corporation (SEDCO) will build 54 factories in Sepanggar, some 28km from here, to train bumiputras interested in the manufacturing sector.
Its general manager Pengiran Saifufin Pengiran Tahir said a 2ha piece of land is being developed for this purpose.
The project, costing an estimated RM30mil, is part of the corporation’s overall plan to boost economic development for the benefit of Sabahans, he said at a Hari Raya open house here on Tuesday.
Other plans in the pipeline would be implemented as soon as state government approval was obtained for the funds needed, he added.
Pengiran Tahir said the corporation was also active in development projects and programmes in rural areas and recently received an allocation from the Bumiputra Agenda Steering Unit, Teraju, to build shophouses in interior Sook and Kalabakan.
“Apart from these efforts, our subsidiary companies are also involved in educational programmes for youth especially in entrepreneurship,” he said, adding that more than 22 schools statewide are involved in business and entrepreneurship programmes.
“We are not only creating awareness on these fields among students but also providing them with business opportunities.”
