The Sabah State Government set up POIC Lahad Datu in 2005 to spearhead the development of palm oil downstream processing to add value to its 1.55 million hectares of oil palm plantations, to create jobs and business opportunities.
VISION & MISSION
1. Echoing Malaysian government's call to attain the status of a newly industrialized country.
2. Complement the Sabah Government's efforts in making Sabah a fully industrialized economy with palm oil as the oasis of development.
Create RM100 billion industrial investment programme in the next 20 years.
Palm oil industry to continue as core sector for development in the next 3 years especially biomass, high value palm oil products...