January 12, 2010 19:49 PM
Six ECER Projects To Be Implemented In Terengganu This Year
KUALA TERENGGANU, Jan 12 (Bernama) -- A total of six more new projects planned under the East Coast Economic Region development programme will be implemented in Terengganu this year.
Menteri Besar Terengganu, Datuk Ahmad Said, said under the Ninth Malaysia Plan, 38 projects had been approved for implementation in Terengganu including 14 cross-border projects involving other ECER states.
"From these, 17 projects were implemented in 2008, 15 projects last year, while six more projects will be implemented this year.
"On the whole, I am very satisfied with the implementation and progress of all these projects which are being actively undertaken by the ECER Development Council (ECERDC)," he said.
He was speaking to reporters here chairing the ECER Development Council's Implementation and Coordination Committees meeting here Tuesday.
He had also launched ECER's human capital development programme Tuesday.
Also present at the event were the Chief Executive Officer of ECERDC, Datuk Jebasingam Issace John, and State Government Secretary Datuk Mokhtar Nong.
As for the six new projects, they would include a tourism programme in Teluk Bidara, Dungun and Pulau Besar, Setiu which will see the development of high quality hotels and chalets as well as homestay programmes in traditional fishing villages. The programme also covers the upgrading of the homes involved.
Apart from that, cluster projects involving the production of goat and goat meat will be also implemented as part of efforts to establish the state as the largest centre for goat and goat meat production. The project will occupy 160 hectares of land in Ulu Tersat, Kuala Berang.
"The development of the Heavy Industries Park involving a duty-free zone in Kemaman port will be also implemented this year to enable the Terengganu people to take up opportunities that would come with the main activities in the businesses of trade, logistics, fishing, oil, gas and petrochemical industries," he said.
In mid year, the Agropolitan Besut-Setiu project involving the planting of corn, kenaf as well as the cultivation of ikan keli will take off. This project is expected to help 3,000 poor people in the area.
-- BERNAMA
Saturday, January 23, 2010
ECER To Bring In More Investments In 2010
ECER To Bring In More Investments In 2010
KUALA LUMPUR, Jan 2 (Bernama) -- The East Coast Economic Region (ECER) will focus on bringing in more domestic and foreign investments in 2010 while increasing private sector participation within the region.
ECER Development Council chief executive Datuk Jebasingam Issace John said ECER has already attracted a total of RM26 billion in expressed and committed investments, from both local and foreign sources.
"There are several existing projects within the ECER Special Economic Zone (SEZ) that investors might find highly lucrative yet safe for investment such as Malaysia's first fully integrated plastics and polymer park, the Kertih Polymer Park (KPP) which is now ready for occupancy within its 140-hectare land area," he said in a statement here on Saturday.
Set up to promote a plug-and-play concept, Jebasingam said KPP will tap into the potential synergies from integration with the nearby Kertih Integrated Petrochemical Complex in Terengganu.
The park, which has drawn immediate commitments of RM565 million in investments, is expected to be fully operational in 2015.
Another area that ECER is focusing on is the Pekan Automotive Industrial Park, with planned upgrades in infrastructure and landscaping as well as the setting up of a central marketing centre in 2010.
"As a whole, the Pekan Automotive Industrial Park is expected to generate over RM4 billion in investments throughout its four stages of development and create a total of 10,580 jobs," Jebasingam said.
Meanwhile, efforts have been made to attract investors to participate in key viable projects outside the SEZ, which would act as suppliers of feedstock and to support the development of projects within SEZ.
This includes projects for the tourism and agriculture clusters.
For agriculture, the Muadzam Shah Cattle Research and Innovation Centre will be built in May 2010 to accommodate 1,300 breeders and bulls as a means to reduce dependency on imported cattle stock.
Meanwhile for tourism, ECER has designated some 106 hectares in Teluk Bidara, Dungun to be built with high-quality hotels, resorts and chalets.
To boost the city's tourism pull, Kuala Terengganu city centre's construction as an integrated waterfront heritage city will begin within the second half of 2010.
To enhance the region's natural tourism resources, Gua Musang and Kuala Krai will be developed as an eco-tourism destination, forming a part of the Lanchang - Kuala Lipis adventure trail and Kuala Gandah Elephant Sanctuary in Pahang into a world-class elephant conservation and education facility.
-- BERNAMA
KUALA LUMPUR, Jan 2 (Bernama) -- The East Coast Economic Region (ECER) will focus on bringing in more domestic and foreign investments in 2010 while increasing private sector participation within the region.
ECER Development Council chief executive Datuk Jebasingam Issace John said ECER has already attracted a total of RM26 billion in expressed and committed investments, from both local and foreign sources.
"There are several existing projects within the ECER Special Economic Zone (SEZ) that investors might find highly lucrative yet safe for investment such as Malaysia's first fully integrated plastics and polymer park, the Kertih Polymer Park (KPP) which is now ready for occupancy within its 140-hectare land area," he said in a statement here on Saturday.
Set up to promote a plug-and-play concept, Jebasingam said KPP will tap into the potential synergies from integration with the nearby Kertih Integrated Petrochemical Complex in Terengganu.
The park, which has drawn immediate commitments of RM565 million in investments, is expected to be fully operational in 2015.
Another area that ECER is focusing on is the Pekan Automotive Industrial Park, with planned upgrades in infrastructure and landscaping as well as the setting up of a central marketing centre in 2010.
"As a whole, the Pekan Automotive Industrial Park is expected to generate over RM4 billion in investments throughout its four stages of development and create a total of 10,580 jobs," Jebasingam said.
Meanwhile, efforts have been made to attract investors to participate in key viable projects outside the SEZ, which would act as suppliers of feedstock and to support the development of projects within SEZ.
This includes projects for the tourism and agriculture clusters.
For agriculture, the Muadzam Shah Cattle Research and Innovation Centre will be built in May 2010 to accommodate 1,300 breeders and bulls as a means to reduce dependency on imported cattle stock.
Meanwhile for tourism, ECER has designated some 106 hectares in Teluk Bidara, Dungun to be built with high-quality hotels, resorts and chalets.
To boost the city's tourism pull, Kuala Terengganu city centre's construction as an integrated waterfront heritage city will begin within the second half of 2010.
To enhance the region's natural tourism resources, Gua Musang and Kuala Krai will be developed as an eco-tourism destination, forming a part of the Lanchang - Kuala Lipis adventure trail and Kuala Gandah Elephant Sanctuary in Pahang into a world-class elephant conservation and education facility.
-- BERNAMA
ECER To Bring In More Investments In 2010
ECER To Bring In More Investments In 2010
KUALA LUMPUR, Jan 2 (Bernama) -- The East Coast Economic Region (ECER) will focus on bringing in more domestic and foreign investments in 2010 while increasing private sector participation within the region.
ECER Development Council chief executive Datuk Jebasingam Issace John said ECER has already attracted a total of RM26 billion in expressed and committed investments, from both local and foreign sources.
"There are several existing projects within the ECER Special Economic Zone (SEZ) that investors might find highly lucrative yet safe for investment such as Malaysia's first fully integrated plastics and polymer park, the Kertih Polymer Park (KPP) which is now ready for occupancy within its 140-hectare land area," he said in a statement here on Saturday.
Set up to promote a plug-and-play concept, Jebasingam said KPP will tap into the potential synergies from integration with the nearby Kertih Integrated Petrochemical Complex in Terengganu.
The park, which has drawn immediate commitments of RM565 million in investments, is expected to be fully operational in 2015.
Another area that ECER is focusing on is the Pekan Automotive Industrial Park, with planned upgrades in infrastructure and landscaping as well as the setting up of a central marketing centre in 2010.
"As a whole, the Pekan Automotive Industrial Park is expected to generate over RM4 billion in investments throughout its four stages of development and create a total of 10,580 jobs," Jebasingam said.
Meanwhile, efforts have been made to attract investors to participate in key viable projects outside the SEZ, which would act as suppliers of feedstock and to support the development of projects within SEZ.
This includes projects for the tourism and agriculture clusters.
For agriculture, the Muadzam Shah Cattle Research and Innovation Centre will be built in May 2010 to accommodate 1,300 breeders and bulls as a means to reduce dependency on imported cattle stock.
Meanwhile for tourism, ECER has designated some 106 hectares in Teluk Bidara, Dungun to be built with high-quality hotels, resorts and chalets.
To boost the city's tourism pull, Kuala Terengganu city centre's construction as an integrated waterfront heritage city will begin within the second half of 2010.
To enhance the region's natural tourism resources, Gua Musang and Kuala Krai will be developed as an eco-tourism destination, forming a part of the Lanchang - Kuala Lipis adventure trail and Kuala Gandah Elephant Sanctuary in Pahang into a world-class elephant conservation and education facility.
-- BERNAMA
KUALA LUMPUR, Jan 2 (Bernama) -- The East Coast Economic Region (ECER) will focus on bringing in more domestic and foreign investments in 2010 while increasing private sector participation within the region.
ECER Development Council chief executive Datuk Jebasingam Issace John said ECER has already attracted a total of RM26 billion in expressed and committed investments, from both local and foreign sources.
"There are several existing projects within the ECER Special Economic Zone (SEZ) that investors might find highly lucrative yet safe for investment such as Malaysia's first fully integrated plastics and polymer park, the Kertih Polymer Park (KPP) which is now ready for occupancy within its 140-hectare land area," he said in a statement here on Saturday.
Set up to promote a plug-and-play concept, Jebasingam said KPP will tap into the potential synergies from integration with the nearby Kertih Integrated Petrochemical Complex in Terengganu.
The park, which has drawn immediate commitments of RM565 million in investments, is expected to be fully operational in 2015.
Another area that ECER is focusing on is the Pekan Automotive Industrial Park, with planned upgrades in infrastructure and landscaping as well as the setting up of a central marketing centre in 2010.
"As a whole, the Pekan Automotive Industrial Park is expected to generate over RM4 billion in investments throughout its four stages of development and create a total of 10,580 jobs," Jebasingam said.
Meanwhile, efforts have been made to attract investors to participate in key viable projects outside the SEZ, which would act as suppliers of feedstock and to support the development of projects within SEZ.
This includes projects for the tourism and agriculture clusters.
For agriculture, the Muadzam Shah Cattle Research and Innovation Centre will be built in May 2010 to accommodate 1,300 breeders and bulls as a means to reduce dependency on imported cattle stock.
Meanwhile for tourism, ECER has designated some 106 hectares in Teluk Bidara, Dungun to be built with high-quality hotels, resorts and chalets.
To boost the city's tourism pull, Kuala Terengganu city centre's construction as an integrated waterfront heritage city will begin within the second half of 2010.
To enhance the region's natural tourism resources, Gua Musang and Kuala Krai will be developed as an eco-tourism destination, forming a part of the Lanchang - Kuala Lipis adventure trail and Kuala Gandah Elephant Sanctuary in Pahang into a world-class elephant conservation and education facility.
-- BERNAMA
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