RECODA collabs with MIDA to draw investors

RECODA is looking at ways to further enhance its collaboration with Malaysian Investment Development Authority (MIDA) to attract more investors into Sarawak Corridor of Renewable Energy (SCORE) areas.

A meeting was held today at RECODA’s head office where MIDA, led by its Sarawak director, Redzuan Abdul Rahman discussed ways on how both parties can help attract more investors into SCORE which spans from the central up to the northern region of Sarawak.

RECODA is the specialist agency set up in 2006 to oversee and manage the ambitious SCORE project.

It has two main goals which is to promote SCORE by creating and stimulating new and existing markets, and to work towards achieving Sarawak’s ambitious investment and development goals.

MIDA meanwhile is tasked to promote foreign and domestic investments in the manufacturing and services sectors and to undertake planning for industrial development in Malaysia, among others.