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Old November 21st, 2007, 09:25 AM   #1
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Sabah Development Corridor

Sabah's development corridor to launch

By MUGUNTAN VANAR & RUBEN SARIO

KOTA KINABALU: After some six months of planning, Sabah’s development corridor is set to take off with its launching expected before the end of the year, the Prime Minister said.

A final meeting would be held in Kuala Lumpur next Friday and Datuk Seri Abdullah Ahmad Badawi said he was happy that there were no obstacles in finalising the corridor’s blueprints.

Noting that he told Chief Minister Datuk Musa Aman that he wanted no delays in getting Sabah’s corridor development going, Abdullah said it clearly showed the government’s commitment in seeing the state progress rapidly.

“When we have an idea, it must be translated into proper planning and effective implementation. Otherwise our ideas remain nothing more than dreams,” Abdullah said when launching the Parti Bersatu Sabah (PBS) 22nd congress here on Sunday.

Later when launching the Liberal Democratic Party (LDP) 18th congress, Abdullah said the government's efforts in developing Sabah and Sarawak would be even more effective through the corridor approach.

Noting that Sabah was larger than any of the states in West Malaysia and Sarawak was bigger than the entire peninsula, he said development in both regions would take time.

“Some people may think we are giving less attention to both states but there are problems we have to overcome in terms of logistics and geography because of their sheer size,” Abdullah added.

He said the new growth centres would provide various opportunities to people in far flung remote areas that could not be reached before.
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Old November 21st, 2007, 05:41 PM   #2
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The government will launch SDC in Dec 07
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Old November 26th, 2007, 11:25 AM   #3
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Make MM2H a success: Hajiji

Kota Kinabalu: Local Government and Housing Minister Datuk Hajiji Mohd Noor hoped those involved in the promotion of the Malaysia My Second Home (MM2H) will take the initiative to ensure the programme's success.

He said the MM2H programme - previously known as the Silver-Haired Programme - was to generate income for the State as it invites foreigners, particularly retirees to come and stay in Sabah.

"We support the programme which I believe will be able to contribute to the income of the State," he said after launching the Shareda Property Exhibition (PropEX07) at the Kota Kinabalu Sports Complex here on behalf of Chief Minister Datuk Seri Musa Aman.

Asked about a case involving a Dutch couple who faced difficulties when they wanted to take up the MM2H programme recently, he said it could be due to some misunderstanding.

"We don't actually know what was the reason and we are checking it.

However, we hope those involved (in the programme) will provide good and friendly treatment, especially to those coming from abroad," he said.

Hajiji, nonetheless, said the incident was an insolated case.

On the contention that the MM2H would affect locals intending to buy houses as prices would inevitably go up, he said this was not the case because the MM2H only targets the high-end market and not those in the lower income bracket.

Towards this end, he assured the Government's commitment to providing sufficient low-cost houses to the people with about 14,000 units being built and another 16,000 units coming up to reach the targeted 32,000 units in Sabah.

Meanwhile, Sabah Housing and Real Estate Developers Association (Shareda) President Kong Kwok Wah called on the Government to simplify the procedures for foreigners taking up the MM2H programme.

"We hope the Government will seriously consider the possibility of granting automatic approval to those who have purchased property worth more than RM250,000," he said.

He said about 300 units of houses were sold to foreigners in Sabah but only a small portion of them were given the privilege under the MM2H programme.

Among them are those from Europe, England, Hong Kong, Taiwan, Japan, Korea and China whose numbers are increasing, he said.

Those participating in the programme would among others be given a special 10-year visa to live in the country and among the requirements, according to Kong, was for them to place a certain amount of money in the local bank and withdraw only a certain amount each year.

"They don't even have to stay here," said Kong.

Simplifying the procedures, he believed, would attract more foreigners to take up the programme, hence bringing in more revenue to the State.

In his speech, based on the Malaysian Industrial Development Authority (MIDA) figures, he said Malaysia is ranked ninth in the list of best sites for expatriate retirement.

"Given that Malaysia's ranking was determined by foreign researchers, I see very good reason for developers in Sabah to seriously look at this market segment."

According to recent reports, the Government wants to attract RM70 billion worth of foreign investments in its property market over the next 10 years and is working on a new set of incentives.

Towards this end, he said he always believed Sabah ranks way above many other states in the country as a desirable destination for foreigners to acquire second homes.

For starters, he said properties in Sabah are relatively cheaper than in Penang, Kuala Lumpur or even Melaka.

Having a large tract of hinterland, a small population that translates into peace, tranquility and less congestion coupled with the modern amenities and world class tourist attractions and holiday destinations, Sabah is a dream place for holiday homes, he said.

Kong agreed with the PropEX07 organising chairman, Francis Goh who is also Shareda MM2H coordinator, that they need to work hard to attract 10,000 foreigners to stay in Sabah under the MM2H programme.

If each buys a property worth RM650,000, it may bring in RM6.5 billion worth of sales and if each spends an average of RM8,500 per month it would add up to RM1 billion in annual revenue for Sabah, he said.

Kong said the challenge was coordination between the government departments and the private sector, from developers to agents, to work together to ensure that Sabah does not miss out on the opportunities.

"We need to have greater coordinated promotion efforts. We need to have the differences in preferences of potential investors or retirees from Japan, Korea, Middle East or Europe," he said.

Kong reiterated Shareda's optimism that the proposed Sabah Development Corridor expected to be launched by the Prime Minister before end of this year and the completion of the Kota Kinabalu International Airport upgrading plus the good State 2008 Budget announced by the Chief Minister would create excitement for the property development market for the next few years in Sabah.

The Shareda PropEX07 will be on from 10am until 9.30pm daily and end on Nov 25
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Old December 26th, 2007, 03:08 AM   #4
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December 24, 2007 20:14 PM

Sara-Timur Eyes Projects With GDV Of RM2 Bln


By Siti Radziah Hamzah

SANDAKAN, Dec 24 (Bernama) -- Engineering and construction company, Sara-Timur Sdn Bhd, plans to undertake three tourism-related projects in Sabah and Johor with a gross development value (GDV) of RM2 billion.

Managing director, John Loi, said the company was now involved in active negotiations with the local partners and expected to finalise the deal within six months.

"We plan to build hotels and resort housing targeting overseas and local tourists," he told Bernama after the launch of @ease boutique hotel by Sabah Minister of Tourism, Culture and Environment, Datuk Masidi Manjun, here yesterday.

The hotel, built at a cost of over RM40 million, is part of the Sandakan Harbour Square, a RM450 million integrated commercial, retail and recreational development project.

It is undertaken jointly by the Sandakan Municipal Council and ICSD Ventures Sdn Bhd.

@ease features 138 deluxe rooms and suites, a business centre and banquet and state-of-the-art meeting facilities.

The hotel is part of the Sandakan Harbour Square, a RM450 million integrated, commercial, retail, and recreational development project.

Loi said the proposed projects would keep the company busy for the next 10 to 15 years.

"Sara-Timur is the main contractor for phase one and two of the Sandakan Harbour Square. It still has two more phases to go," he said.

Loi said currently, the company was involved in the construction of four projects in Sandakan, Kota Kinabalu, Kota Tinggi and Kuala Lumpur.

"The Sandakan wet market is completed while the other three projects are between 40 and 60 percent completed," he said.

He said three projects were expected to be completed by 2009 with GDV of RM300 million.

Loi said the company was now actively pursuing its plan to list on Bursa Malaysia.

"We are now exploring the opportunity. We hope (to be listed) within the next two years," he said.

The company was set up in 1995.

-- BERNAMA
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Old January 9th, 2008, 09:13 AM   #5
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Sabah Devt Corridor launching month end

Kota Kinabalu: Chief Minister Datuk Seri Musa Aman said the Sabah Development Corridor (SDC) is expected to be launched by end of this month.

He said the date would be announced shortly after the proposed SDC project has been finalised.

"Prime Minister Datuk Seri Abdullah Ahmad Badawi will launch the project," he said when asked on the latest development of the project.

The launching was earlier scheduled last month. A mega project, SDC is expected to further stimulate Sabah's economic development at a high proportion.
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Old January 10th, 2008, 02:37 PM   #6
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Corridor spread over 17 years

Kota Kinabalu: The much-awaited Sabah Development Corridor (SDC) programme will be launched by Prime Minister Datuk Seri Abdullah Ahmad Badawi at the Sepanggar Bay Container Terminal (SBCT), here, on Jan. 29.

The proramme would span 17 years from 2008 to 2025.

Announcing this after chairing the Cabinet meeting at Wisma Innoprise here Wednesday, Chief Minister Datuk Seri Musa Haji Aman said they agreed with the SDC development blueprint after being briefed by Economic Planning Unit (EPU) and consultants.

He said the SDC, which was the brainchild of the Prime Minister himself, would mark a significant milestone to the State's economic development.

According to Institute for Development Studies (IDS) Sabah Executive Director Datuk Dr Yaakob Johari, the SDC involved three key principles namely focusing on a balanced economic growth, economic development via environmental conservation and capturing higher value added economic activities.

The first principle of a balanced economic growth would be achieved through reduction of poverty and disparity of income as well as increasing employment opportunity.

The second principle was to ensure that while economic growth was being prioritised but it would not supersedes environmental issues.

Lastly, he said the sectors targeted for the capturing of higher value-added activities are the manufacturing, tourism and agriculture.
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Old January 11th, 2008, 10:23 AM   #7
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Sabah to benefit from holistic development

Kota Kinabalu: The proposed Sabah Development Corridor would be holistic, covering all sectors of the economy and benefiting all segments of the community. Scehduled to be launched on Jan 29 by Prime Minister Datuk Seri Abdullah Ahmad Badawi, the corridor is targeted to accelerate Sabah's economic growth through aggressive development of the tourism, agriculture and manufacturing sectors.

All projects would be inclusive and mindful of the participation of the local people.


Chief Minister Datuk Seri Musa Aman (right) and his deputies, Datuk Seri Joseph Pairin Kitingan (left) and Datuk Raymond Tan, showing the blueprint for the Sabah Development Corridor.

"The SDC will be holistic and encompass the whole of Sabah," Chief Minister Datuk Seri Musa Aman said after a state cabinet meeting to announce the date for the launch of the corridor.

The launching ceremony will be held at the Sepanggar Bay container port, 35km from here.


A brainchild of the prime minister, the SDC's primary objective is to narrow the economic disparity between Sabah and the other states.

This would be achieved through the promotion of a balanced economic growth and distribution by focusing on the reduction of income disparity and poverty and creation of employment opportunities.

Institute for Development Studies, Sabah executive director Datuk Dr Mohd Yaakub Johari said preserving the environment was another key emphasis of the SDC.

Implementation of projects would be on the basis of sustainable development to ensure that the environment was not affected.

The development corridor will also focus on capturing high value in the manufacturing industry through the promotion of downstream processing.

"Investors would be encouraged to go into downstream processing and add value to their products," Mohd Yaakub said.

Citing an example, he said investors in the agricultural sector would be encouraged to go into the processing of biomass.

Mohd Yaakub said an authority would be set up to oversee and ensure the successful and speedy implementation of projects under the development corridor that would cover a period from this year to 2025.
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Old January 11th, 2008, 02:04 PM   #8
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Vibrant growth expected from Sabah corridor

By RUBEN SARIO

KOTA KINABALU: A more vibrant state economy powered partly by high value industries and environmentally sensitive tourism activities are among the high expectations being pinned on the Sabah Development Corridor (SDC).

Sabah's business communities say they are looking forward to the SDC, which is to be launched by the Prime Minister on Jan 29.

The 18-year project, which will run until 2025, would stimulate growth particularly in the state.

"This is something all Sabahans are looking forward to," said Kota Kinabalu Chinese Chamber of Commerce president Datuk Sari Tan.

His counterpart at the Sabah Bumiputra Chamber of Commerce Datuk Ahmad Ali Lope Abdul Aziz said the SDC would ensure a modern economy and infrastructure for the state.

"I think with the Corridor in place the people of Sabah can expect a better life," he said.

Ahmad said the chamber had given its input for the SDC blueprint that looked into the micro aspects of the state to address the economic disparity among the various districts.

In this regard, he said the SDC would offer numerous investment opportunities for Sabahan entrepreneurs and those from outside the state.

"Our hope is that we will be involved in whatever opportunities available," Ahmad said.

Malaysia Star
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Old January 21st, 2008, 04:06 AM   #9
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January 19, 2008 14:09 PM

PM To Launch SDC To Fast Track Future Development In Sabah

KOTA KINABALU, Jan 19 (Bernama) -- It started with a simple dream and now the Sabah Development Corridor (SDC), set to be launched by Prime Minister Datuk Seri Abdullah Ahmad Badawi later this month, is seen as a symbolic new year gift for more than three million people in the state.

The initiative, a brainchild of Abdullah, is holistic in manner, covering all sectors of the economy, including infrastructure development and benefiting all segments of the community.

Soon after launching the new Kota Kinabalu International Airport's Terminal Two building on February 14 last year, Abdullah indicated at the press conference that development in Sabah needed to be accelerated.

In what is seen as a panacea to fast track development in Sabah, dubbed the "Land Below The Wind", he said that there was a need for a blueprint called the Sabah Development Corridor or SDC to achieve the desired result.

Showing his seriousness in the matter, Abdullah then asked the state government under the leadership of Chief Minister Datuk Seri Musa Aman to finalise the details as soon as possible, hoping for Sabah to become one of the most developed states in the country.

The Prime Minister is scheduled to launch the SDC, which will be spearheaded by the state's government-linked Yayasan Sabah, at the Sabah Container Port in Menggatal on January 29.

Undoubtedly, his vision will lay the proper foundation to accelerate future development in Sabah.

At a media briefing on the SDC here recently, Musa said: "We want a balanced development between urban and rural areas. This development corridor will cover the whole state and not just be confined to pockets."

"Sabah is a big state and if we were to develop only the eastern part, that is Lahad Datu, Tawau and Sandakan, the people in other areas, especially in the interior, might be left behind in terms of development," he said.

"That's why we need to develop the whole of Sabah, so that everybody will share the cake of development."

Musa said he believed that the SDC would benefit many people and enhance the quality of life of people in Sabah.

"This SDC is good for everybody and the people of Sabah can expect a better life and hence, we must work together to make it a reality," he said.

Musa said the SDC would create more job opportunities for Sabahans, thus helping to uplift the standard of life as well as reducing unemployement in the state.

"We might still need foreign workers (in certain sectors) but priority must be given to locals. The people of Sabah will take the lead and we advise them to take this opportunity," he said.

On the SDC logo depicting Mount Kinabalu, Musa said the essence of the logo reflected the impending surge of growth that would take place in Sabah as a result of the proposed economic corridor.

Mount Kinabalu, according to him, is a perfect symbol given its distinctive role as a primary icon of Sabah.

He said the strength of the mountain represented solid growth as its far-reaching peak alluded to the greater heights of social and economic growth that would be the positive outcome from the economic corridor.

He also said that four layers made up the body of the stylised mountain in the logo, and these reflected the four main components identified as economic drivers for the Sabah Development Corridor, which are agriculture, manufacturing, tourism and logistics.

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Old January 24th, 2008, 10:59 AM   #10
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Exciting times ahead for tourism sector
by Yong Yen Nie, 24 Jan 2008 11:37 AM
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Sabah’s tourism industry, which has been identified as a key driver for the state’s development, can look forward to exciting times.

In line with the Sabah state government’s aim to make every year a “Visit Sabah Year”, the Sabah Development Corridor (SDC) masterplan has incorporated three developmental phases, designed to transform Sabah into one of the most liveable places in Asia by 2025.

In Phase One, the blueprint will focus on addressing the basics to support tourism development and lay foundations for its future growth. Phase Two will see Sabah strengthen its position as a premier eco-adventure destination via conservation and sustainable development of new tourism products, which will be anchored by signature resorts. Lastly, Phase Three will turn Sabah into a bustling metropolis within a tropical paradise.

Tourism is currently the third highest contributor to the state’s gross domestic product (GDP), after agriculture and manufacturing. During the Eighth Malaysia Plan (8MP), the sector’s contribution to Sabah’s GDP was 7.4%, and this is expected to grow to 10% in the 9MP period.

Prime tourist attractions including Mount Kinabalu and Sepilok Orang Utan Sanctuary and Rehabilitation Centre in Sandakan have consistently drawn many tourists and adventure-seekers to Sabah. But the SDC blueprint will also seek to promote lesser known natural landscapes such as the Maliau Basin and Darvel Bay as Sabah’s “gems”.

As home to one of Malaysia’s only two United Nations Educational, Scientific and Cultural Organisation (Unesco)-conferred World Heritage Site status, that is, Kinabalu Park (the other being Gunung Mulu National Park in Sarawak), Sabah is actively pursuing the same status for a few more sites. Sites that are listed for consideration are Sipadan Island, Tun Sakaran Marine Park and the Maliau Basin.

If successful, the listings would not just boost the popularity of these sites but make them important for environmental conservation purposes among the international community.

However, these lesser-known sites lack accessibility, mainly due to Sabah’s rugged terrain and poor road system. Such sites are also precious research areas, and have fragile ecological systems that are vulnerable to pollution and damage by swarms of tourists.

Hence, the SDC blueprint will explore various opportunities to improve Sabah’s current infrastructure and networks to boost tourism, but with sustainability in mind.

Taking the leap with eco-tourism
Increasing environmental concerns have changed the pattern of tourism globally. According to The International Ecotourism Society, eco-tourism is estimated to grow 20% annually, compared with just 7% in overall tourism, making it the fastest-growing segment of the industry.

However, as the eco-tourism industry in Sabah is largely driven by the private sector, the industry faces a shortage of utility services such as water supply, electricity and waste disposal. Responding to the demand, the SDC masterplan will look into providing infrastructure-supporting services to attract and facilitate private sector investment.

But to keep the delicate balance between developing the industry and preserving and conserving Sabah’s natural landscapes, the blueprint will develop the Sabah Eco-Certification Programme (SECP) to assist travel operators in measuring and managing the impact of their operations on the environment.

The demand for more personalised travel is set to overtake the conventional beach-based, mass tourism destinations. As such, the SDC blueprint will seek to attract renowned signature resorts such as Four Seasons, Ritz-Carlton and Bvlgari to anchor new, luxurious tourism products, including wellness spas in the highlands such as Kundasang, or Sabah’s islands.

Under the SDC implementation, Sabah will also be marketed to high-end investors that are seeking to own private villas which overlook virgin rainforests and untouched beaches. In view of this, the blueprint is also looking at the possibility of granting high net-worth individuals long-term social visit visas, which will encourage these individuals to make Sabah their second home.

‘One district oneproduct’
Among the many players that will benefit from Sabah’s strong tourism drive is its local people. Under the programme “One District One Product” (ODOP), local communities will be able to earn higher income by producing handicrafts and food products distinctive to their cultures.

ODOP will be spearheaded by Kraftangan Malaysia and Yayasan Sabah, along with various ministries, including the Ministry of Tourism, Culture and Environment. The taskforce will identify potential products, besides providing advice to local communities on quality control and attractive designs and packaging for domestic and export markets.

The branding for authentically “Made in Sabah” products will ensure that rural communities receive a sustainable income. Start-up grants will also be provided for entrepreneurs interested in ODOP production full-time.

Additionally, the Keningau Handicraft Production Village which will function as ODOP’s primary training centre will also aim to preserve the diverse handicrafts of Sabah’s natives and traditional production methods, through research and documentation.

Another feature of ODOP is its homestay programmes, whereby villages that are located near major tourist attractions or have distinct lifestyles and activities, will be selected to pilot the programmes.

A Visitors Centre will be set up in each of the selected villages to manage the homestay programme and act as an information centre as well as to provide training to villagers to learn basic courtesy, language skills and tour and activity-guiding.

An example of this initiative is the Rungus Longhouse at Bavanggazo Village, Matunggong, which gives tourists opportunities to experience tranquil, rural life and to participate in the daily activities of the longhouse, including cloth-weaving and accessories-making from colourful beads. In line with this, some villages have been identified as high potential areas, including Kampung Air in Semporna, Mengkabong Water Village in Tuaran, and other interior villages in Kudat and Tenom.

With more than 32 different indigenous groups, Sabah is well-placed to become a key destination offering diverse experiences for the culture-seeking traveller.

Appealing to the international community
Sabah has the potential to tap the 34.5 million international visitor arrivals at the region’s major aviation hubs of Kuala Lumpur, Hong Kong, Singapore and Bangkok. To do so, it is poised to recreate its landscape to appeal to the international community.

In the pipeline is the Kinabalu Harbour Front that will stretch from Tanjung Aru to One Borneo, modelled after Australia’s renowned Sydney Harbour waterfront. A Waterfront Development Masterplan will be commissioned to coordinate the development of this world-class waterfront city.

The Kinabalu Harbour Front will be anchored by key projects including the RM2-billion Jesselton Waterfront and Kinabalu Integrated Convention Centre (KICC). These projects are also expected to spur the development of water taxis and buses that will ply the harbour, jetty points, various hotels, as well as a maritime museum and ferry and cruise terminal.

Adding to its international appeal is a performing arts centre, which will nurture Sabah’s creative industries and artistes. The SDC blueprint will also set aside RM250 million for its Arts and Culture Development Fund to support budding creative talents such as playwrights, choreographers and composers, and emerging arts organisations specialising in indigenous art preservation.

Meeting increasing demand
Major hotels enjoy an average 80% occupancy rate during peak seasons between July and August and December and January. An increase in tourism numbers may lead to a shortage of rooms, especially during peak holiday periods.

The Sabah Tourism Board says to counter the problem, about 4,000 to 5,000 new hotel rooms are expected to be completed by 2010.

Among hotel operators planning to increase hotel rooms is the Sutera Harbour Resort. Its chief operating officer Ravindran Kathiravelu says the hotel group is developing two luxury service condominium development projects on its 153.6-hectare property.

“‘The Vista at Sutera Harbour’ and ‘The Point at Sutera Harbour’ will each comprise over 400 units of two to three-bedroom configurations.

“The construction for ‘The Vista at Sutera Harbour’ is set to commence in the middle of this year and is targeted to be completed within 36 months from the date of construction, (which) is our commitment in line with the expected growth of tourist arrivals to Sabah in the future,” he says.

Malaysian Hotel Association Sabah Chapter chairman Alex Cham says resorts are popular among foreign tourists, but local tourists prefer to stay in city hotels. Cham says Sabah is currently lacking beach resorts, but expects the situation to change in the next two or three years.

“A lot of investors are looking at setting up beach resorts, especially along the east coast of the city, where it is less congested and has beautiful beaches,” he says, adding that the demand for backpacking lodges is also encouraging.
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Old January 25th, 2008, 03:29 AM   #11
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KFH in talks to finance two Sabah projects

By DAVID TAN

PENANG: Kuwait Finance House (M) Bhd (KFH) is negotiating to finance two projects in the Sabah Development Corridor.

Managing director and chief executive officer Datuk K. Salman Younis said the projects were related to the infrastructure and real estate sectors.

“We will sign one deal on Jan 29. The other should be ready for signing soon,” he told reporters after the launch of the Islamic Banking Briefing & Roadshow in Penang.

“We are also making plans to finance projects in the East Coast Economic Corridor. We recently met the state authorities and the government-linked companies in Terengganu,” he said.

Salman said KFH would set up five branches in the country this year, including two in Penang. The others will be in Johor Baru, Kuching and Sabah.

“These branches will help promote our financing products for the retail sector,” he said.

Currently, KFH has one commercial banking centre and three branches in Kuala Lumpur.

Salman said KFHMB recently secured two financing deals for property projects in Penang.

“Last November, we underwrote The Sanctuary, a project within the Batu Uban growth triangle.

“And recently we provided financing to Ideal Capital Intelligence for The One, Penang Cyber City on a 13.5-acre site in Bayan Baru,” he said.
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Old January 25th, 2008, 11:10 AM   #12
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KL Sentral-like hub for Kota Kinabalu in new blueprint
By : Jaswinder Kaur


A transportation hub similar to Kuala Lumpur Sentral is being planned to cope with the expected economic boost when the Sabah Development Corridor blueprint is launched next week.

Infrastructure Development Minister Datuk Raymond Tan Shu Kiah said the central station would be developed at the existing site of the Tanjung Aru Railway headquarters. The 20ha site is only minutes away from the Kota Kinabalu International Airport and the city centre.

Tan said the privately-funded project was estimated to cost RM600 million and would include shopping arcades, hotels and art galleries.

"The whole idea is to create a transportation hub for Sabah. A traveller would be able to get connections to other parts of the states on various modes of transport from the central station. Work will begin soon and the project is expected to take between three and five years to complete. Once completed, the station will transform the existing Tanjung Aru railway station into a modern and dynamic transportation hub," Tan said after meeting officials from the China South Locomotive (correct) at his office.

Tan said it was also part of Sabah's plan to establish a complete railway system connecting the entire state as an alternative mode of transportation.

The Sabah Railway Department now operates a 134km service from Tanjung Aru to Tenom in the interior and it is the only railway operating on Borneo island. With RM334.8 million in federal funding, the department is improving its facilities and upgrading tracks.

Tan said his ministry has, through its consultant Glitteria Sdn Bhd, invited officials from the China South Locomotive to look into the possibility of participating in the expansion programme.

A feasibility study is currently being carried out to extend the railway service to Sabah's east coast and to the Kota Kinabalu Industrial Park in Sepanggar Bay.
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Old January 25th, 2008, 11:44 AM   #13
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Source : http://www.newsabahtimes.com.my/nstweb/fullstory/15314

A RAILWAY SYSTEM LINKING ALL DISTRICTS OF SABAH
25th January, 2008
KOTA KINABALU: The State Infrastructure Development Ministry yesterday disclosed an exciting plan to build a central railway station for Sabah at the existing 50-acre site of the Tanjung Aru Railway Station.

The detailed Development Plan of the “Aeropod Project” based on the name of the railway station will be officially unveiled in conjunction with the launch of the Sabah Development Corridor by the Prime Minister Datuk Seri Ahmad Abdullah Badawi on January 29.

The private-funded project is estimated to cost around RM600 million and will include shopping arcades, hotels and art galleries similar to the development concept of the KL Central railway station.

“The whole idea of the Aeropod project is to create a transport hub for Sabah where when one only needs to get to the Aeropod and be connected to almost every part of Sabah on various modes of transportation,” said Minister of Infrastructure Development Datuk Raymond Tan Shu Kiah.

He was speaking when receiving a courtesy call from the China South Locomotive and Rolling Stock Industry (Group) Corporation (China South Locomotive) at his office in Sembulan here.

The project as part of the State government’s ambitious plan to establish a complete railway system connecting the entire state as an alternative mode of transportation and a crucial transport system to propel greater economic development for Sabah.

The project has been awarded to SP Setia Bhd, a public-listed company.

“It is a very good concept and the investor’s willingness to invest such a huge amount of money in Sabah reflects their confidence in the State government under the leadership of Datuk Seri Musa Hj Aman as the Chief Minister of Sabah,” Tan pointed out.

The project is expected to start work as soon as it is officially launched and is expected to take between 3 to 5 years to complete.

Tan said once completed, the project will transform the existing Tanjung Aru railway station into a modern and dynamic transport hub besides generating socio-economic development to Tanjung Aru and the entire Kota Kinabalu city.

On the expansion program for the Sabah railway system, Tan said the railway is another important mode of transportation besides road, air and sea and it should not be neglected in the development of the state.

He was convinced that if properly planned and executed, it will be a key feature in ensuring the future success of the Sabah Development Corridor (SDC) program.

Recognising this, the Ministry has recently through its consultant firm Glitteria Sdn Bhd invited the China South Locomotive to Sabah to look into the possibility of assisting in the expansion program.

A feasibility study on the expansion program is currently being carried out. It will connect Tanjung Aru to Keningau, Tawau and Lahad Datu, as well as to the Kota Kinabalu Industrial Park (KKIP) probably using the railcar so as to better ease traffic congestion in the city.

There is also a plan to build a new railway linkage from Kota Kinabalu to Sandakan and a feasibility study on it will be carried out in the near future.

Tan is convinced the China South Locomotive can play an important part in the expansion program, citing its expertise and experience in the locomotive and rolling stock manufacturing industry.

The company’s Area Manager and Overseas Business Department Head, Wang Gang earlier noted that its credentials include a part in the world’s highest railway project, the Qingzang Railway.

Also present at the occasion were State Railway Department general manager, James Wong, China South Locomotive’s project manager, Chen Peifeng, its design department engineer, Yang Qi and Loh Boon Sue, director of Glitteria Sdn Bhd and Tan’s press secretary, Lee Tink Loi.
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Old January 26th, 2008, 05:30 AM   #14
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Terminal moden kereta api RM600j dibina di Tanjung Aru

Oleh: ABDUL RASHID ABDUL RAHMAN

KOTA KINABALU 25 Jan. – Terminal moden kereta api bernilai kira-kira RM600 juta yang menjadi hab pengangkutan negeri Sabah akan dibina bagi menggantikan Stesen Kereta Api Tanjung Aru di sini.

Timbalan Ketua Menteri, Datuk Raymond Tan Shu Kiah berkata, projek yang dikenali sebagai Aeropod itu akan dibina di tapak seluas 20 hektar dalam kawasan Stesen Kereta api Tanjung Aru itu.

“Keseluruhan idea projek ini pada asasnya ialah untuk mewujudkan hab pengangkutan di negeri ini, yang mana apabila seseorang sampai sahaja di Aeropod, mereka akan dihubungkan dengan setiap daerah di Sabah melalui pelbagai bentuk pengangkutan lain.

“Projek ini juga adalah sebahagian daripada rancangan besar kerajaan bagi mewujudkan sistem kereta api yang dapat menghubungkan seluruh daerah di Sabah sekali gus menjadi perangsang pembangunan ekonomi negeri,” katanya. Beliau berkata demikian semasa menerima kunjungan Pegawai Kanan China South Locomotif (CSL) dan Rolling Stock Industry Corporation (RSIC) di sini semalam.

Katanya, projek yang dijangka mengambil masa tiga hingga empat tahun untuk disiapkan itu seakan sama dengan Stesen Sentral Kuala Lumpur yang dilengkapi dengan pelbagai kemudahan seperti arked membeli-belah, hotel dan balai seni lukis.

Menurutnya, pelan terperinci pembangunan projek ini akan diumumkan selepas pelancaran Koridor Pembangunan Sabah (SDC) yang akan dilancarkan oleh Perdana Menteri, Datuk Seri Abdullah Ahmad Badawi pada 29 Januari ini.

Tambahnya, projek yang akan dikendalikan oleh syarikat SP Setia Berhad ini membuktikan keyakinan pelabur terhadap kerajaan negeri di bawah pimpinan Ketua Menteri, Datuk Seri Musa Aman.

Beliau menaruh keyakinan, apabila siap kelak ia bukan sahaja mengubah wajah Stesen Kereta Api Tanjung Aru, malahan akan menjadi hab pengangkutan moden yang membawa pembangunan sosio ekonomi terutama kepada para penduduk di kawasan berkenaan.

Sementara itu, menyentuh mengenai program memperluaskan perjalanan kereta api di Sabah, beliau yakin jika dirancang dengan teliti ia boleh membantu kejayaan program SDC.

Katanya, kementeriannya baru-baru ini, telah menjemput CSL ke Sabah untuk meninjau kemungkinan mengadakan kerjasama bagi program perluasan kereta api ke seluruh negeri berkenaan.
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Old January 26th, 2008, 09:12 AM   #15
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Sabah plans train service for whole state
Saturday January 26, 2008
TheStar

KOTA KINABALU: Sabah intends to expand its 134km railway service to cover the entire state.

Deputy Chief Minister Datuk Raymond Tan said a railway linking the east coast districts of Sandakan, Lahad Datu and Tawau, and Keningau in the interior would help ensure success of the Sabah Development Corridor.

“The railway is a key component in the transport and logistics sector. We cannot afford to neglect it,” he said after meeting a group of senior officials from the China South Locomotive and Rolling Stock Industry Corporation here yesterday.

Currently, Sabah Railway’s line runs from Tanjung Aru near here to Tenom in the interior.

Tan said his ministry, through a consultant firm, had recently invited China South Locomotive officials to carry out a feasibility study on the proposed Sabah Railway expansion programme.

He said the expansion would include the service being extended to the Kota Kinabalu Industrial Park as well as to the other districts.

Tan pointed to China South Locomotive’s enormous expertise and experience in the locomotive and rolling stock manufacturing industry.

The company’s Overseas Business Department head Wang Gang earlier said its credentials include its involvement in the construction of the world’s highest railway project, the Qinghai-Tibet or Qingzang Railway.

Tan said a modern railway terminal, called the Aeroport terminal, similar to KL Sentral would be constructed at the existing Sabah Railways headquarters in Tanjung Aru.

It would be unveiled with the launching of the corridor by Prime Minister Datuk Seri Abdullah Ahmad Badawi on Jan 29.

The project estimated to cost RM600mil would be a privately-funded initiative and include facilities like shopping arcades, hotels and an art gallery when completed in about five years.

“The whole idea of the Aeroport project is basically to create a transport hub for Sabah where one can get connected to almost every part of Sabah through various modes of transportation,” he added.

The project has been awarded to SP Setia Bhd.
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Old January 26th, 2008, 10:43 AM   #16
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SDC launching on 29 January

Monday, 14 January 2008

KOTA KINABALU: The proposed Sabah Development Corridor would be holistic, covering all sectors of the economy and benefiting all segments of the community. Scheduled to be launched on Jan 29 by Prime Minister Datuk Seri Abdullah Ahmad Badawi, the corridor is targeted to accelerate Sabah's economic growth through aggressive development of the tourism, agriculture and manufacturing sectors.

All projects would be inclusive and mindful of the participation of the local people.

"The SDC will be holistic and encompass the whole of Sabah," Chief Minister Datuk Seri Musa Aman said after a state cabinet meeting to announce the date for the launch of the corridor.

The launching ceremony will be held at the Sepanggar Bay container port, 35km from here. A brainchild of the prime minister, the SDC's primary objective is to narrow the economic disparity between Sabah and the other states.

This would be achieved through the promotion of a balanced economic growth and distribution by focusing on the reduction of income disparity and poverty and creation of employment opportunities.

Institute for Development Studies, Sabah executive director Datuk Dr Mohd Yaakub Johari said preserving the environment was another key emphasis of the SDC.

Implementation of projects would be on the basis of sustainable development to ensure that the environment was not affected.

The development corridor will also focus on capturing high value in the manufacturing industry through the promotion of downstream processing.

"Investors would be encouraged to go into downstream processing and add value to their products," Mohd Yaakub said.

Citing an example, he said investors in the agricultural sector would be encouraged to go into the processing of biomass.

Mohd Yaakub said an authority would be set up to oversee and ensure the successful and speedy implementation of projects under the development corridor that would cover a period from this year to 2025.

Taken From NST Online
10 January 2008
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Old January 29th, 2008, 02:13 PM   #17
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January 29, 2008 19:18 PM

13 Agreements Worth RM16 Bln Inked At SDC Launch


KOTA KINABALU, Jan 29 (Bernama) -- Thirteen key projects under Sabah Development Corridor (SDC) are set to take off following the signing of respective agreements worth RM16 billion today.

Prime Minister Datuk Seri Abdullah Ahmad Badawi witnessed the signing of the 13 memorandums of understanding (MoUs) after officiating at SDC's action plan at the Sepangar Bay container port near here today.

Among those who signed the MoUs were companies from China, Japan and US.

The projects include the development and promotion of MICE (meetings, incentives, conventions and exhibitions) market, construction of a central railway station, setting up of bulking facility in palm oil industrial cluster in Lahad Datu, development of Kota Kinabalu waterfront and the setting up of modern fish landing facilities in Tawau, Lahad Datu and Sandakan.

Projects under the tourism sector include the development of eco- and health/medical tourism, construction of luxury condominiums and five- and six-star hotels and the development of tourism centres.

The SDC expects tourism receipts to soar to RM48.5 billion by 2025 from just RM2.88 billion in 2006.

On manufacturing, the MoUs are for the implementation of a project under Sawit palm oil industrial cluster (Sawit POIC) and production of jatropha oil for biodiesel fuel.

It is expected that Sawit Kinabalu will team up with Sime Darby Plantation Sdn Bhd to implement the project under Sawit POIC.

A joint venture involving Sabah Land Development Board, Japan-based Nihon Biotech Inch, Kelana Stabil Sdn Bhd and TKM Resources Sdn Bhd will be set up for the production of jatropha oil which will be sold in Japan, US and South Korea.

The SDC expects the manufacturing sector to create 228,708 jobs by 2025. Currently, only 135,000 people are working in the sector.

The MoUs under the agriculture sector involved the agro tourism-based projects, the development of aquaculture in Darvell Bay, Lahad Datu and the research and development on the jatropha curcas.

The SDC aims to increase the agriculture sector's gross domestic product contribution to RM17 billion by 2025 from RM4.1 billion in 2005.

The SDC plan (2008-2025) will cover the whole state to ensure that everyone gets to enjoy the benefits it brings.

It is estimated to generate more than 900,000 jobs during the implementation period.

-- BERNAMA
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Old January 30th, 2008, 02:06 AM   #18
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Source : http://biz.thestar.com.my/news/story...0&sec=business

SP Setia gets over RM1bil jobs

PETALING JAYA: SP Setia Bhd is moving into Sabah where it will develop a RM1bil property project, known as Aeropod @ Tanjung Aru, and a transportation hub as part of the Sabah Development Corridor (SDC).

Prime Minister Datuk Seri Abdullah Ahmad Badawi launched the SDC yesterday and witnessed the signing of the development agreement between SP Setia subsidiary Aeropod Sdn Bhd and the Sabah government.

Under the agreement, Aeropod would build the transportation hub in return for the state government procuring the alienation of three parcels of land measuring 59.21 acres and valued at RM110mil. The hub will comprise a transport terminal, new headquarters for Jabatan Keretapi Negri Sabah and ancillary buildings.

The land is sited 5km southwest of the Kota Kinabalu town centre and 2km northeast of Tanjung Aru. It is is near the Kota Kinabalu International Airport and the Low Cost Carrier Terminal 2.

In a statement, SP Setia group managing director and chief executive officer Tan Sri Liew Kee Sin said the project was a crucial stepping stone for the company into the state and that it aimed to capitalise on Sabah's anticipated economic boom.

He said the expansion into Sabah was in line with the group's goal of diversifying into other high-growth states in Malaysia as well as overseas. It currently has projects in the west coast of Peninsular Malaysia and Vietnam.

A shopping mall, a 3-star and a 5-star hotel, condominiums and small office home office units have been planned as part of the Aeropod @ Tanjung Aru.

An SP Setia spokesman told StarBiz that the company would start construction of the transportation hub as soon as possible. She said the hub would not cost more than the agreed RM110mil.

“Aeropod @ Tanjung Aru can only be realistically launched around the end of next year or the beginning of 2010,'' she said.

An analyst said that Aeropod @ Tanjung Aru would most likely cater to tourists since Tanjung Aru was in the tourist belt of Kota Kinabalu.

He noted that the company's first integrated commercial project, Setia Walk in Puchong, had done well with almost all units sold. However, the analyst cautioned that a comparison between Sabah and the Klang Valley could not be made based solely on the size of the population.

He said this was due to the state having a blueprint for development under the SDC in which the agricultural, manufacturing and services sectors would figure prominently over the next 18 years.

“Developers can tap into this for more synergies,” he said.
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Old January 30th, 2008, 03:29 AM   #19
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RM500m Kota Kinabalu City Waterfront project unveiled
Published: 2008/01/29


WATERFRONT Urban Development Sdn Bhd (WUD) has unveiled the Kota Kinabalu City Waterfront (KKCW) development in collaboration with Dewan Bandaraya Kota Kinabalu.

An agreement on the project was signed between WUD, Kuwait Finance House (Malaysia) Bhd and a consortium of Middle Eastern and Malaysian investors in Kota Kinabalu yesterday.

The RM500 million Kota Kinabalu City Waterfront, within the Sabah Development Corridor (SDC), is an integrated mixed seafront development situated on the waterfront of the city centre, WUD said in a statement.

Expected to be completed by 2010, it will feature the key attraction of a two-kilometre long boardwalk built using eco-friendly materials rising above the sea on stilts, the company said.

WUD managing director Reymee Mohamed Hussein said in line with the preservation of the environment, the development will incorporate environmentally friendly features like hi-tech LED lighting, energy-conserving air-conditioning systems and solar-powered pedestrian lighting along the boardwalk.

“The waterfront will feature one of the longest city waterfront boardwalks in Asia and is poised to become the city’s prime tourist attraction, making it an integral part of Sabah’s hospitality industry,” he said. — Bernama
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Old January 30th, 2008, 03:31 AM   #20
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SP Setia in maiden Sabah venture
By Zaidi Isham Ismail Published: 2008/01/30



SP Setia says the RM1 billion Tanjung Aru project will see the state become a springboard for its stable of brands and enable the firm to cash in on the anticipated economic boom there


MALAYSIA'S most valuable property company, SP Setia Bhd, has unveiled plans for its first venture in Sabah, a RM1 billion mixed development project in Tanjung Aru.

The project is a major bet on the economy of Sabah, which is set to benefit from an 18-year development plan, estimated to attract investments of more than RM100 billion.

SP Setia group managing director and chief executive officer Tan Sri Liew Kee Sin said the project will see the state become a springboard for its stable of brands and enable the company to capitalise fully on the anticipated economic boom there.

"The expansion into East Malaysia is in line with the group's aim to diversify its geographical concentration to other high-growth states as well as international markets.

"This will be our first showcase project in Sabah to establish our credentials and earn the trust of the property-buying public in the state," Liew said in a statement released yesterday in Kuala Lumpur.

Industry executives said that Sabah would pose a major challenge because of the low purchasing power of its people and the soft property demand compared to that in Peninsular Malaysia.

"SP Setia has to come up with innovative and quality products, which can start a property trend," Irhamy and Co property valuer Sharizal Supian said.

SP Setia subsidiary Aeropod Sdn Bhd signed the deal with the Sabah state government yesterday, witnessed by Prime Minister Datuk Seri Abdullah Ahmad Badawi.

Under the agreement, SP Setia will build a transport terminal and new headquarters and ancillary buildings of Jabatan Keretapi Negeri Sabah on part of 24 hectares near the Tanjung Aru township and the Kota Kinabalu International Airport.

In return, it will have the rights to develop the balance of 17ha into a mixed residential and commercial project, named Aeropod @ Tg Aru.

The project will have a shopping mall, a five-star as well as a three-star hotel, and residential condominiums, among other developments.

Aeropod @ Tg Aru will be modelled after the creative hybrid commercial projects that SP Setia has launched, such as Setia Walk and Setia Nexus 1 in the Klang Valley.

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