Vision

  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.

Mission

  1. To move in tandem with the Sabah Industrial Master Plan.
  2. To realize a 15-year master plan of the Lahad Datu Palm Oil Industrial Cluster covering 5,000 acres as the first dedicated palm oil port and key palm oil logistic hub in the region.
  3. To develop Lahad Datu POIC as the port of delivery for palm oil futures.
  4. To fully develop and realize the upstream and downstream potentials of the palm oil industry.
  5. To add higher value in both the upstream and downstream production chains.
  6. To strengthen Sabah's competitive edge in the palm oil industry through research and development and technology inputs.

Key Objective

  1. Provide basic and advanced infrastructure.
  2. Bridge between private and public sectors in realizing industrial potentials.

POIC Ambition

  1. Create RM100 billion industrial investment programme in the next 20 years.
  2. Sector focus:
    • Palm oil industry to continue as core sector for development in the next 3 years especially biomass, high value palm oil products.
    • Two major new development directions: Oil & Gas, Regional Logistics.
    • Other developments: Industrializing resource based sectors (timber, aquaculture, food) clustering support sectors (machine tool, hardware, parts and component suppliers), Free Trade Zone, Tender Port, Commodity futures trading.

© 2017 POIC Sabah Sdn. Bhd.