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Government finalising details of Malaysia-China project













 KUANTAN: The Government is in the midst of finalising details of the Malaysia-China Kuantan industrial park project to raise the amount of investments in the country, said Prime Minister Dato Sri Najib Tun Razak, adding that the state government had been asked to identify an area of 185ha in Gebeng to jointly develop the project with China.

“The project was mooted during my recent visit to China and it will be a sister park to the Qinzhou industrial park. Kuantan is the most suitable site as it faces the South China Sea and has a direct link to the deepwater Qinzhou port.

“Once the project deal is sealed, it will increase foreign investments and open other opportunities to the country and state,” he said  during a meet-the-people session in Taman Gelora here on May 6.

Citing an example, Najib said Hainan Island in China had a population of 25 million and if Malaysia could attract just 10% of them to come for a holiday, it would boost the country’s tourism sector.

He said as the country was striving to achieve high-income status, the Government would want to see balanced development for each state and inclusive benefits for the people.

“I can envision that Kuantan has the potential to be developed as an industrial and tourism site. I’ve directed the East Coast Economic Region to construct a waterfront project to attract more tourists.


SOURCE:  The Star

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