Transcript Slide 1

SEDC’s:
Catalysts to Development or
Under-Performing?
Background
Incorporated in 1965
Established under State Enactment 5/1965
A government statutory body to:
– Initiate
– Plan
– Implement
– Promote
Socio economic and industrial development
projects in the state of Kedah
Perbadanan Kemajuan Negeri Kedah
Role of KSDC
“To spearhead the economic development
through an integrated approach by
adopting a work culture that emphasizes
on integrity, creativity, discipline, and
quality in order to provide an efficient and
professional service with the realization of
an overall socio-economic responsibility
and the creation of future corporate
leaders.”
Perbadanan Kemajuan Negeri Kedah
Major Activities
Plantation
Industrial
Services
Investment
Manufacturing
Property
Housing
Perbadanan Kemajuan Negeri Kedah
Tourism
Plantation
Rubber estates:
– Laka Temin, Bukit Kayu Hitam
– Bukit Perak, Pendang
– Ladang Sungai Ular, Kulim
Total plantation land – more than 8,000 hectares
Factory:
– Kilang Hevea Bukit Perak, Pendang
Provide more than 2,000 job opportunities
Perbadanan Kemajuan Negeri Kedah
Plantation
More than 4,000 hectares have been
developed into townships, industrial and
commercial development
New areas are being acquired to replace
and increase the plantation area
Perbadanan Kemajuan Negeri Kedah
Industrial
BKT KAYU HITAM
DARULAMAN
MERGONG
GURUN
SG PETANI
T. BATU
B.ARANG
K. KETIL
HI-TECH
KULIM
Industrial Parks
– 10 sites
– 1600 Hectares
– 1991 – 2005
Approved
investment:
RM30.212 billion
Employment
opportunity:
112,000
Perbadanan Kemajuan Negeri Kedah
Kulim Hi-Tech Park (KHTP)
Location: Mukim Padang Cina
Kulim, Kedah Darul Aman
Area: 4,080 acres/ 1,651 hectares
Status of Funding: PKNK, Federal
Government and financial institutions
Perbadanan Kemajuan Negeri Kedah
Total Investment in KHTP: RM 20
Billion
Investment in KHTP - by Sectors
47%
Manufacturing
53%
Services
RM4.0 B
RM6.76B
RM0.16 B
RM2.07 B
USA
RM2.3 BM
Japan
Malaysia
Others
Germany
Manufacturing Sector –
Investment by Country
Perbadanan Kemajuan Negeri Kedah
Manufacturing Companies
Perbadanan Kemajuan Negeri Kedah
Supporting Companies
QT | SERVICES
QT | TECHNOLOGY
HEXATECH
Best Solution Provider
Perbadanan Kemajuan Negeri Kedah
Investment
Companies
Nos
Equity
Wholly Owned Companies (100%)
26
100%
Subsidiaries Companies (50% - 99%)
3
51% - 99%
Associated Companies (30% - 49%)
10
30% - 50%
Investment Companies (0% - 29%)
15
Below 30%
Listed Companies
12
Unit Trust
1
67
Total investment: RM 187 million
As at 31 December 2005
Perbadanan Kemajuan Negeri Kedah
Investment
Major activities of companies:
– Plantation
Kumpulan Ladang-Ladang Perbadanan (Kedah) Sdn Bhd
Gula Padang Terap Plantations Sdn Bhd
– Construction and Property Development
Bina Darulaman Berhad
Ideal Appraisal Sdn Bhd
– Medical
Kedah Medical Centre Sdn Bhd
Unomedical Sdn Bhd
– Tourism
Kedah Resort Sdn Bhd
Grand Central Enterprises Sdn Bhd
Perbadanan Kemajuan Negeri Kedah
Investment
Public listed companies:
1. Bina Darulaman Berhad
2. SPK-Sentosa Corporation Bhd
3. EUPE Corporation Berhad
Perbadanan Kemajuan Negeri Kedah
Property
New Township:
–Bandar Amanjaya
–Bandar Darulaman
–Bukit Kayu Hitam
Perbadanan Kemajuan Negeri Kedah
Tourism
Hotel SP Inn, Sungai Petani
Gunung Jerai Resort
Hotel Grand Continental, Alor Star
Darulaman Golf and Country Club
Kulim Golf and Country Resorts
Telok Datai Resort, Langkawi
Cinta Sayang Golf and Country
Resort
Perbadanan Kemajuan Negeri Kedah
Services
KSDC Insurance Brokers Sdn
Bhd
Kedah Medical Centre Sdn Bhd
Perbadanan Kemajuan Negeri Kedah
Restructuring of Society
Industry
– Subsidized industrial land
Entrepreneur
– Entrepreneurship Programmes through training,
seminars and courses
Property
– Shophouses at low rental for Bumiputeras
– Retailing outlets for Bumiputeras
– Ready-built factories for SMI’s entrepreneur
– Development of new township
Tourism
– Development of hotels in new areas
Perbadanan Kemajuan Negeri Kedah
Catalysts to Development
Lead agency in Industrial
development
Development and promotion of new
areas
Capital Intensive Investments
Undertaking important projects of
the state
Implementing social objectives of
the Government
Perbadanan Kemajuan Negeri Kedah
Performance: 2001 – 2005
RM (in
million)
120
100
80
Turnover
60
Gross Profit
40
Net Profit (Before
Tax)
20
0
2001
2002
2003
2004
2005
Year
Perbadanan Kemajuan Negeri Kedah
Turnover – Sectorial
2002
2001
93%
93%
2003
57%
Plantation
Industrial
2004
57%
Property
2005
53%
Perbadanan Kemajuan Negeri Kedah
Gross Profit - Sectorial
25
RM (in million)
20
15
10
Plantation
5
Industrial
Property
0
-5
2001
2002
2003
2004
2005
-10
-15
Year
Perbadanan Kemajuan Negeri Kedah
Accumulated Profit
1980 – (RM 6 million)
1990 – RM 36 million
1995 - RM 325 million
2005 - RM 457 million
Perbadanan Kemajuan Negeri Kedah
RM (in Million)
Accumulated Profit
470
460
450
440
430
420
410
400
390
380
370
360
2001
2002
2003
2004
2005
Year
Perbadanan Kemajuan Negeri Kedah
Assets
RM (in Million)
600
500
400
300
200
Fixed Asset
Net Current Asset
NTA
100
0
-100
2001
2002
2003
2004
2005
Year
Perbadanan Kemajuan Negeri Kedah
Constraints to Better
Performance
External
– Limited Resources
– Policies & Procedures
– Political Considerations
– Social Considerations
– Public Perceptions and Expectations
Perbadanan Kemajuan Negeri Kedah
Constraints to Better
Performance
Internal
– Limited Internal Resources
– Government Policies and Procedures
– Social Obligations
Perbadanan Kemajuan Negeri Kedah
Kedah: Economic Indicators
1990
2000
2004
GDP (RM million)
3,511
9,099
10,933
Per Capita GDP (RM
million)
2,612
4,137
6,030
9.6%
6.4%
GDP Growth
(Annual Average
1990 - 1999)
Perbadanan Kemajuan Negeri Kedah
Conclusions
PERFORMING and
CATALYSTS TO DEVELOPMENT
PKNK
PKNK
KEDA
MADA
KEDAH
CORP
KEDAH
STATE
KEDAH
INVEST
LADA
PKB
YIK
Perbadanan Kemajuan Negeri Kedah
Thank You