What is RECODA
The Regional Corridor Development Authority (RECODA) is the agency tasked with overseeing and managing SCORE.
The Chairman of the RECODA board is the Yang Dipertua of Sarawak and RECODA has board representation from all of the relevant federal and state agencies to ensure swift decision making and traditional government procedural delays are avoided.
RECODA has two primary tasks. The first is to promote SCORE effectively by creating and stimulating new and existing markets, and the second, to work towards achieving the ambitious investment goals set by the State.
To achieve these tasks, and in the face of fierce global competition not just from traditional or regional competitors, but also from developed countries, RECODA understands the need for an environment that generates confidence for private and corporate investors.
As part of this process, RECODA has created a lean and nimble organisation capable of rapid decision-making, fast track approvals and implementation of strategic and tactical initiatives to ensure investors are able to hit the ground running.