Land Custody and Development Authority (PELITA) was established in June 1981 as a state-owned statutory body with the objective to be the catalyst in land development in Sarawak. PELITA core business activities include Urban and Property Development, Plantation Development and Rural Growth Centre. PELITA has subsidiaries and associates companies with group assets worth over RM1.6 billions. After more than 30 years in the business, PELITA aims not only to be the catalyst of growth and development but also the catalyst of change.
PELITA has contributed significantly towards land development in the state. PELITA has teamed up with the private sector to synergize both property and plantation development in the state by mobilizing the financial resources, capital and management expertise of the private sector in the joint development of projects which are geared towards generating economic development and wealth for the state and its people.
PELITA has contributed in adding new landmarks in Kuching city and other major towns for both residential and commercial complexes and urbanization of the rural areas and improvement of the existing small towns. As a catalyst, it spearheads the development of growth centre in the State, renewing old towns and establishing new township to provide and improve basic amenities and infrastructures for the benefits of rural as well as urban populace.