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Chinese investors boost growth in Malaysia

Source: ecns.cn (Article) Mazlim Husin, chief commercial officer of Kuantan Port, has personally seen how Chinese investments have transformed Kuantan — the capital city of the state of Pahang, which is located on the east coast of Peninsular Malaysia. For Mazlim, the Malaysia-China Kuantan Industrial Park, or MCKIP, has “changed the landscape of the whole industrial development in Kuantan”. The…

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BOOSTING ECONOMICS IN THE EAST COAST

Source: The Star (Article) AS MALAYSIA and China celebrate 50 years of diplomatic relations this year, their partnership continues to yield tangible benefits, especially in infrastructure development. At the heart of this cooperation is the Malaysia-China Kuantan Industrial Park (MCKIP), a strategic hub supported by the East Coast Rail Link (ECRL) and Kuantan Port. Together, these initiatives are driving regional…

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Alliance Steel, ECRL fuel Kuantan Port’s expansion

Source: The Star (Article) KUANTAN: Kuantan Port’s prospects are underpinned by projects such as Alliance Steel (M) Sdn Bhd’s second expansion phase, the establishment of a carbon capture and storage (CCS) hub with Petroliam Nasional Bhd (PETRONAS) and the East Coast Rail Link (ECRL). Kuantan Port Consortium Sdn Bhd (KPC) chief financial officer Chan Weng Yew said Alliance Steel contributes…

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“Two Countries, Twin Parks” model between China, Malaysia makes new progress

Source: en.people.cn (Article) In the China-Malaysia Qinzhou Industrial Park in Qinzhou, south China’s Guangxi Zhuang autonomous region, trucks loaded with construction materials shuttle back and forth, while cranes and bulldozers operate on both sides of the roads. New projects are under rapid development, creating a dynamic and bustling atmosphere. “The park continues to draw robust investment interest, with an increasing…

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Kuantan industry flourishes under Chinese investments

Source: The Star HONG KONG: Kuantan Port chief commercial officer Mazlim Husin has personally seen how Chinese investments have transformed Kuantan, the capital city of Pahang. He said the Malaysia-China Kuantan Industrial Park, or MCKIP, has “changed the landscape of the whole industrial development in Kuantan”. The park opened in 2013 and is located in the East Coast Economic Region….

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Pahang records the highest average hotel occupancy rate at 75pc

Source: https://www.nst.com.my/news/nation/2024/09/1104346/pahang-records-highest-average-hotel-occupancy-rate-75pc A file pic showing tourists visiting BOH’s tea plantation in Cameron Highlands. – NSTP file pic KUANTAN: Pahang recorded the highest average occupancy rate of hotels at 75 per cent for the first six months of this year. State Unity, Tourism and Culture Committee chairman Leong Yu Man said the average occupancy rate saw a 2.5 per cent…

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More tourists expected with extension of Tioman Island runway

Source: https://www.freemalaysiatoday.com/category/nation/2023/10/15/more-tourists-expected-with-extension-of-tioman-island-runway/ More tourists expected with extension of Tioman Island runway Bernama –15 Oct 2023, 12:58 PM The ferry service to the tourist island is usually disrupted by the monsoon in November and December, resulting in fewer tourists. Facilities at the Tioman Island airport are being improved at a cost of RM47 million, with the runway extended to accommodate ATR…

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Pahang records foreign investment of more than RM21 billion in two years

Source: https://www.nst.com.my/news/nation/2023/05/907456/pahang-records-foreign-investment-more-rm21-billion-two-years   Pahang records foreign investment of more than RM21 billion in two years By Bernama – May 9, 2023 @ 4:00pm KUANTAN: Pahang registered a total foreign investment of more than RM21 billion in two years starting from 2021. State investment, industries, science, technology and innovation committee chairman, Datuk Mohamad Nizar Najib, said the services and manufacturing sectors were among those…

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New logistics park set to transform MCKIP into premier industrial hub

Source: https://www.mckip.com.my/528/ New logistics park set to transform MCKIP into premier industrial hub The 640-acre site is targeted to attract US$4 billion of foreign investments and create 20,000 jobs. The 10-year anniversary of the Malaysian-China Kuantan Industrial Park witnessed the groundbreaking ceremony of the Malaysian-Chinese Kuantan Industrial Logistics Park.  Reported by: FMT Business The Malaysia-China Kuantan Industrial Logistics Park (MCKILP)…

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