RECODA attracts more global, local investors

KUCHING: The Regional Corridor Development Authority (RECODA) has witnessed increased activity from both domestic and international labor and investments within the region.

RECODA chief executive officer (CEO) Datuk Ismawi Ismuni emphasised the authority’s broad commitment.

“RECODA’s efforts go beyond just facilitating local community mobility. We are also committed to helping those seeking to explore the opportunities in the SCORE region,” he said in a New Year 2024 message.

RECODA, as the principal organisation for executing infrastructure projects and socio-economic development in the Sarawak Corridor of Renewable Energy (SCORE), focuses on creating seamless connectivity and amenities to foster investment.

“Our infrastructure projects, including roads, bridges, buildings, and utilities in the Upper Rajang Basin, Baram Highland, and Northern Region of Sarawak, play a critical role in bridging the urban-rural divide and attracting investments, thus enhancing local livelihoods.

“Of our 251 projects, 84 are complete, 107 are in progress, 36 are in the tender phase, 11 are in the design stage, and 13 are in the planning phase,” he added.

Ismawi also highlighted RECODA’s efforts in poverty eradication and socio-economic development to enhance local entrepreneurial skills and quality of life.

He also drew attention to the Samalaju Industrial Park (SIP), a key component of SCORE, which has attracted half of the corridor’s investments, especially in steel and solar manufacturing.

“This interest reflects the global recognition of SCORE’s abundant renewable energy resources,” he said.

Acknowledging the challenges faced, Ismawi expressed gratitude for the support from stakeholders that has been crucial in overcoming hurdles.

Looking ahead, he outlined major projects and initiatives like the Northern Coastal Highway (NCH), road projects connecting Miri-Marudi, Marudi-Mulu (Kuala Melinau), Long Panai-Long Lama, and the New Lawas Airport. These projects aim to boost regional tourism and contribute to the Post COVID-19 Development Strategy (PCDS) 2030, the United Nations’ Sustainable Development Goals (SDGs), and the Sustainable Sarawak Blueprint.