Vision and Mission

Vision and Mission

Vision

To be a key driver in the Sabah Government’s efforts in making Sabah a high income and industrialized State (Echoing Malaysian government’s call to attain the status of a newly industrialized country).

Mission

  • Striving hard to exploit the potential of POIC Lahad Datu in tandem with the Sabah Maju Jaya Development Plan (2021-2025)
  • To transform POIC Lahad Datu as a logistics hub in the region capitalizing on the Lombok-Makassar Straits
  • To explore and develop new industries such as the bio, chemicals and other related fields
  • To add higher value in both the upstream and downstream production chains
  • To strengthen Sabah’s competitive edge in the palm oil industry by engaging with industry stakeholders through research, development and technology inputs
  • To promote POIC as the logistics distribution and bulk-break hub for ASEAN in line with its geographical centrality to ASEAN
  • To source, consolidate and process resources from the BIMP-EAGA region and beyond

Key Objective

  • Provide basic and advanced infrastructure
  • Bridge between private and public sectors in realizing industrial potentials

Sector Focus

  • Palm oil industry to continue as core sector for development especially biomass, high value palm oil downstream
  • Port and logistics
  • Oil & Gas
  • Other supporting developments: Industrializing resource based sectors (timber, aquaculture, food etc)
  • Free Trade Zone, Tender Port, Commodity trading futures