East Coast economic Region Development Council to invest RM650 million for MCKIP infrastructural projects

East Coast economic Region Development Council to invest RM650 million for MCKIP infrastructural projects

KUANTAN, May 17-– The East Coast economic Region Development Council (ECERDC) will spend RM650 million for overall infrastructural projects related to the Malaysia-China Kuantan Industrial Park (MCKIP).

Menteri Besar Datuk Seri Adnan Yaakob said the infrastructure encompassed the main connecting roads from MCKIP, which is located in Gebeng here, towards the Kuantan Port and the East Coast Highway.

“Reticulation pipes and new water storage tanks have been and are being constructed to ensure water supply is stable to give confidence to investors,” he said in the State Assembly at Wisma Sri Pahang here, today.

He said this when answering a question from Datuk Fong Koong Fuee (BN-Cheka) who wanted to know the success and efforts to improve infrastructure to boost investment promotions of MCKIP which is the first industrial estate jointly developed with China.

He said MCKIP, which is being developed by Syarikat Malaysia-China Industrial Park Sdn Bhd, a 51:49 joint-venture of Malaysian and China’s consortiums, had an area of 566.5 ha, namely, 287 ha for Phase 1 and 279 ha for Phase 2.

“Phase 1 involves the construction of an integrated modern steel mill by Syarikat Alliance Steel (M) Sdn Bhd with an RM5.6 billion investment, which will generate 3,515 jobs,” he said.

Adnan said the earthwork for the project was completed in December last year while the construction of the factory, administration block, and workers’ hostel started last March.

The state government, according to Adnan, had identified a 404 ha land near MCKIP for the development of the subsequent phase of MCKIP.

The state government had also obtained the support of ECERDC which would work together with government agencies such as the International Trade and Industries Ministry (MITI) and Malaysian Investment Development Authority (MIDA) to promote MCKIP.

— BERNAMA

 

 

 

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