As it enters the final phase of its 20-year development plan, Tanjung Manis sheds off its image as a wood processing zone to emerge as a thriving economic center that can support various industries.<\/p>\n
In the 1990\u2019s, Tanjung Manis was developed primarily as a wood-processing zone. However, seeing the potentials of the area to become a major economic hub of its own, the Sarawak Timber Industry Development Corporation (STIDC) developed a 20-year Development Masterplan for Tanjung Manis. It created a subsidiary company, the Tanjung Manis Development Sdn Bhd, to implement the Masterplan in four phases.<\/p>\n
Upon completion of its fourth phase of development, Tanjung Manis will emerge as a strategic economic hub for Central Region by the end of 2010.<\/p>\n
The zone had thus far received about RM1.04 billion of investment from STIDC (RM370 million), the private sectors (RM290 million) and other government agencies (RM380 million).<\/p>\n
Several infrastructure projects that are either underway or are to be implemented for the Central Region of Sarawak under the 9th MP will bring in more economic development to Tanjung Manis.<\/p>\n
These projects include the road project linking Sibu and Tanjung Manis) worth RM420 million. The road spans 43 kilometres, including five bridges, and is expected to be completed within five years from 2006.<\/p>\n
Another project that will be completed by the year\u2019s end is the RM400 million worth deep sea port that will further boost the deep-sea fishing and wood processing industries in Tanjung Manis. Upon completion of the deep sea port, the Rajang Port Authority will move from Sibu to Tanjung Manis to fully utilise the deep sea port\u2019s capacity.<\/p>\n
Other projects in the pipeline under the 9th MP include a marina, golf courses, resorts and a special zone for shipbuilding and ship maintenance.<\/p>\n
While the wood-based industries will remain as the core industry in Tanjung Manis, the area is also earmarked for the development of other commercial activities such as aquaculture, tourism and agriculture, especially oil palm as the town has been identified as a raw palm oil accumulation centre for Sibu, Sarikei, Kapit and Mukah.<\/p>\n