Technology Depository Agency (TDA) hosted an ICP Committee (IC) Meeting on 3rd February 2023 whereby Sabah Economic Development and Investment Authority (SEDIA) delegation, led by Chief Executive of SEDIA, YBhg. Datuk Seri Panglima Hj Hashim Paijan, were in attendance together with the Ministry of Finance and TDA-ICP Management Unit (IMU). The meeting aimed to monitor the overall implementation of the Expansion of Sapangar Bay Container Port (SBCP) ICP Program and ensure its holistic benefits towards Sabah.
During the meeting, it was concluded that the SBCP ICP Program has committed to 100% mandatory ICP Credit Value within the stipulated time as required by the First Tier ICP Agreement. Currently, there are 15 project initiatives involving investment, human capital development, and subcontracting works that will be implemented and benefit state agencies, higher learning institutions, local industry players, and more.
TDA will continue to play a key role in supporting the Government of Malaysia and Sabah’s state initiatives and oversee the project. The success of the SBCP ICP Program showcases the potential benefits of implementing ICP in government procurement projects and highlights the importance of collaboration between different organizations to achieve common goals