The signing ceremony on “Heads of Agreement” (HOA) in Taking Over the Management of the Sabah Agro-Industrial Precinct (SAIP) between the Sabah Economic Development & Investment Authority (SEDIA), Institute for Development Studies (IDS) and Perbadanan Pembangunan Ekonomi Sabah (SEDCO) took place on 12 May 2022 at the Hyatt Regency in Kota Kinabalu. The HOA was signed by Mr. Haizar R.H. Ahmad Nabijan, Group General Manager of SEDCO, YBhg. Datuk Seri Panglima Hashim Paijan, Chief Executive of SEDIA and Ts. Dr. Ramzah Dambul, Chief Executive Officer of IDS. YBhg. Dato Seri Dr. Arsit Sedi, Deputy Chairman of SEDCO witnessed the signing ceremony.