Malaysia legislation

Section 7

of Sabah Economic Development And Investment Authority Enactment 2009

Section 7

The Authority shall perform the following functions:

(a)

to recommend to the Government or the Federal Government on all projects of potential economic growth and opportunities to be included in the Sabah

Development Corridor;

(b)

to disburse funds received from the Government or the Federal Government for the Sabah Development Corridor to the relevant implementing Government

Entities;

(c)

to coordinate the expeditious implementation of all projects in the Sabah

Development Corridor by performing the functions of one-stop centre;

(d)

to monitor and report to the Government and the Federal Government the status of all projects in the Sabah Development Corridor;

(e)

to promote and market the Sabah Development Corridor as an attractive business and investment location;

(f)

to recommend to the Government or the Federal Government incentives for the

Sabah Development Corridor;

(g)

to recommend to the Government or the Federal Government on policy reforms and other initiatives for the Sabah Development Corridor;

5

(h)

to source funds for the Sabah Development Corridor; and

(i)

to do all things as are expedient, advantageous or necessary for, or incidental, supplemental or consequential to, the performance of the functions of the

Authority and the better carrying out of the purposes of this Enactment.

Membership of the Authority