Sarawak Economic Development Corporation (SEDC) / Rasyiqah Rais

The Sarawak Economic Development Corporation (SEDC) was established on 1st March 1972 as a state - owned statutory body with the general aim of promoting the commercial, industrial and socio-economic development of the State. SEDC was established under the Perbadanan Pembangunan Ekonomi Sarawak Ordinance (Sarawak Cap. 35), a law duly passed by the Sarawak State Assembly in accordance with the powers conferred on and delegated to the State Government of Sarawak under the Constitution of Malaysia. While SEDC is a statutory body established under the laws of the State of Sarawak, it also comes under the purview of the Federal Government of Malaysia through the Federal Ministry of Finance (MOF). The symbol “S” represents the similarities between the roles of SEDC Sarawak with the mighty rivers of the State. Just at all rivers flow to the sea or ocean, SEDC Sarawak seeks to surge forward by bringing development to greater heights and frontiers - local, regional and global. Platinum represents innovation and striving for continuous improvement. Gold is irrespective of change, SEDC Sarawak stands firm in its values and beliefs in always providing the best products and services to its customers.