Malaysia legislation
Section 6
Section 6
Subject to subsection 22(1), the functions of the Authority shall be—
(a)
to establish direction, policies and strategies in relation to development within the Northern Corridor Economic
Region and other functions in connection therewith as provided in Part IV;
(b)
to recommend to the relevant Government Entities policies, laws and actions to be applied to the Northern Corridor
Economic Region which it deems necessary to achieve its objectives under this Act;
(c)
to co-ordinate the performance of the activities carried out by Government Entities in the Northern Corridor
Economic Region as provided in Part V, including—
(i)
to recommend uniform standards, guidelines, best practices and administrative processes and procedures to be adopted by Government Entities for the Northern Corridor Economic Region; and
(ii)
to monitor the implementation of uniform standards, guidelines, best practices and administrative processes and procedures in facilitating the development of the Northern
Corridor Economic Region;
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(d)
to conduct inquiries on, carry out surveys on, collate, analyse and publish information, statistics and factors influencing or relevant to development, business or investment and to disseminate such information, statistics and factors to investors or potential investors, whether local or foreign, in the Northern Corridor. Economic
Region and to the relevant Government Entities;
(e)
to recommend to the relevant Government Entities incentives to be applicable to investors in the Northern
Corridor Economic Region;
(f)
to promote, stimulate, facilitate and enhance the international competitiveness of the Northern Corridor Economic
Region as an agricultural, manufacturing, education, trade, investment and logistics centre, and tourist destination;
(g)
to promote, stimulate, facilitate, co-ordinate and undertake in the Northern Corridor Economic Region—
(i)
economic and social development;
(ii)
agricultural development, including the modernization, diversification and commercialization of the agricultural sector;
(iii)
industrial development, including the development of higher value-added activities and new industries;
(iv)
the development of tourism, including the development of medical health tourism, luxury tourism and ecotourism;
(v)
the development of infrastructure and logistics;
(vi)
the development of art, culture and heritage;
(vii)
human capital development, including the development of vocational and technical institutions and centres of excellence for research, teaching and training;
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(viii)
the development of educational facilities or infrastructure;
(ix)
the development of health and medical facilities;
and
(x)
sustainable development, including environmental protection, management and conservation;
(h)
to promote private sector investment in the developments mentioned in paragraph (g);
(i)
to provide advisory and consultancy services to investors or potential investors in the Northern Corridor Economic
Region;
(j)
to develop and review criteria for incentives which are directly and exclusively managed and administered by the Authority as approved by the Federal Government from time to time to be applicable to investors in the
Northern Corridor Economic Region, and to receive, process, evaluate and grant such incentives to eligible investors;
(k)
to plan, phase, prioritize, co-ordinate and review the performance of the activities mentioned in paragraphs
(f)
and (g) and such other activities within the Northern
Corridor Economic Region which are deemed by the
Authority to be of strategic importance to or in the interest of the Northern Corridor Economic Region;
(l)
to assist the relevant Government Entities in reviewing and evaluating the performance of the activities mentioned in paragraphs (f) and (g) within the Northern Corridor
Economic Region; and
(m)
to carry out any other functions conferred by or under this Act and to perform any other functions that are supplemental, incidental, or consequential to any of the functions specified in this section or in furtherance of the objectives of the Authority.
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Powers of the Authority