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| GOVERNMENT |
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Ministry
of Industrial Development |
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Functions
| Objectives | Vision
| Organization Structure
The Ministry's functions are to plan and formulate
industrial policies, to monitor and accelerate industrial development
by assisting local and foreign investors and by encouraging bumiputera
participation in trade, and to co-ordinate the activities of its related
agencies. It aims to speed up the growth of manufacturing for a continued
expansion of the state's economy, to coordinate the efficient utilization
of the natural resources, and to promote downstream processing of
these resources.
Functions
Planning and formulating Sabah's industrial development
policies.
Planning, monitoring, and accelerating industrial development
in the state.
Encouraging and assisting local and foreign investors.
Assisting and encouraging bumiputera participation in trade
and industry.
Encouraging and accelerating development of cottage industry
in the rural areas.
Coordinating the activities of the department and agencies under
the Ministry.
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Objectives
To accelerate the growth of the manufacturing
sector to ensure a continued rapid expansion of the state's
economy and to provide a basis for attaining the social development
consistent with the policies of the Government.
To enhance and coordinate the promotion of investment opportunities
for the efficient utilization of the state’s natural resources
and to encourage the active participation of Bumiputera in trade
and industry.
To encourage further downstream processing of Sabah's natural
resources into higher value-added and knowledge-intensive products.
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Vision
Towards an industrialized state within the context
and time frame of Vision 2020.
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Organization Structure
Under this Ministry, headed by the Deputy Chief
Minister of Sabah, are three other organizations; namely, the
Department of Industrial Development and Research (DIDR), the
Sabah Economic Development Corporation (SEDCO), and the Kota
Kinabalu Industrial Park Sdn. Bhd. (KKIP).
http://www.sabah.gov.my/mid
Source: Ministry of
Industry Development
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