Borneo744 Berhad (B744B) is on its way to being incorporated as a Company Limited By Guarantee, and during this process Sara Urusharta Sdn Bhd (a Sarawak Economic Development Corporation’s property and facilities management company) shall be the company that manages and operates Borneo744.
B744B is governed by a Board of Trustees and is a 100% not-for-profit NGO. Members of the Board comprise of high-ranking individuals from both the government (State and Federal) and private sectors and the Board is chaired by the State Secretary of Sarawak.
The objective of B744B is to develop and manage an entrepreneur and arts district project on a 10-acre site in Jalan Semangat, Bintawa, Kuching.
The premises and land are owned by CMS Land Sdn Bhd, a joint venture between Sarawak Economic Development Corporation and Cahya Mata Sarawak Berhad, which leased these premises for 15 years on a rent-free basis to Borneo744 as part of a long-term Corporate Social Responsibility initiative to encourage young entrepreneurs and the creative community in Sarawak and to help revive the Bintawa area.
Borneo744 will be the country’s first Blue Ocean Entrepreneurs’ Township (BOET), an initiative by the Federal Government to strengthen and complement the national entrepreneurship ecosystems through the National Blue Ocean Strategy (NBOS).
VISION
A centre for aspiring entrepreneurs and creative talents in Sarawak to nurture a winning vibrant community
