POIC Sabah Sdn Bhd
The Sabah State Government set up POIC Lahad Datu in 2005 to spearhead the development of palm oil downstream processing to add value to its 1.55 million hectares of oil palm plantations, to create jobs and business opportunities. Apart from palm oil/oil palm, POIC Lahad Datu is also poised to attract investments in port & logistics, biomass, bio refineries, oil & gas and related small and medium enterprises.
Aside from investments directly linked to palm oil, POIC Lahad Datu also offers business opportunities in a wide range of supporting industries needed for a sector which contributes approximately RM4 billion in State revenue per annum and employs 130,000.
To-date, 2,000 acres in POIC Lahad Datu have been developed with infrastructure and utilities. The industrial park is planned to cover more than 4,400 acres of integrated industrial complex designed to cater light, medium and heavy industries.