Sarawak Digital Economy Corporation Berhad (“SDEC”) was incorporated on 22nd January 2018, and operationalized in July 2020, as a company wholly owned by the Sarawak Government through State Financial Secretary Inc. under the Ministry of Finance and Economic Planning. Significant initiatives and policy decisions to Transform the State of Sarawak into a Digital Economy Powerhouse. This includes the setup of the Sarawak Digital Economy Corporation (SDEC), as the implementing agency to drive the Sarawak Digital Economy initiatives.
Incorporated as a statutory body under the Malaysian Industrial Development Authority (MIDA) Act, the establishment of MIDA in 1967 was hailed by the World Bank as “the necessary impetus for purposeful, positive, and coordinated promotional action” for Malaysia’s industrial development. Today, MIDA is Malaysia’s cutting-edge, dynamic and pioneering force in opening pathways to new frontiers around the globe.
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