KUANTAN, Oct 11 -- The RM69.5-million allocation to upgrade the Kuantan Port by the East Coast Economic Region Development Council (ECERDC) will encourage more investors to go into Pahang.
Menteri Besar of Pahang Datuk Seri Wan Rosdy Wan Ismail said the announcement is “right on time” because it was online with the state government’s plans to create another industrial park near the port in the future.
He said the new 1,215-hectare industrial park will be known as the Kuantan International Industrial Park (KIIP).
“The allocation will be an additional boost for potential investors to start factories at KIIP other than the nearby industrial areas like the Malaysia-China Kuantan Industrial Park (MCKIP).
"The upgraded Kuantan Port will make it easier to transport goods in and out, especially goods from China," he said in a statement here today.
When tabling Budget 2020 which was themed ‘Driving Growth and Equitable Outcomes Towards Shared Prosperity’ in Parliament today, Finance Minister Lim Guan Eng announced that Kuantan Port would receive RM69.5 million for upgrading works under the ECERDC.
Wan Rosdy also welcomed the RM810 million allocated for the Federal Land Development Authority (FELDA) community, including RM100 million for water supply and RM70 million for housing for the new generation of FELDA settlers.
“The allocation will benefit about 43,124 settlers who make up the largest group in the country, as well as their family members here.
"I also welcome the announcement to build new health clinics including in Cameron Highlands as at present, the health clinic is in the small town in Tanah Rata," he said.
Wan Rosdy said he hoped all the announcements that were made, especially the positive ones about Pahang, can be realised for the benefit and well-being of the people in the state.
-- BERNAMA
KUALA LUMPUR, Nov 12 -- The impact from Budget 2022 on the fixed income market is almost negligible, given that there were no major surprises in terms of the country’s debt financing requirement and fiscal position, said Manulife Investment Management (Manulife).
KUALA LUMPUR, Nov 11 -- Budget 2022 tax initiatives may not contribute significantly to government revenue and there is a need to look for other ways to increase it for the sustainable economic growth of the country, according to a tax expert.
KUALA LUMPUR, Dec 16 -- Budget 2021 was formulated based on reports presented by relevant bodies whose data could be determined to be valid, the Ministry of Finance (MoF) said.
MANCHESTER, Oct 16 -- Industry players say the 2020 Budget tabled last Friday clearly reflects the government's commitment to developing the domestic logistics sector by addressing o...
Exclusive report by Jailani Hasan
LABUAN, Oct 16 --The Labuan Chamber of Malay Entrepreneurs ( DUML) has hailed the 2020 Budget presented by Finance Minister Lim Gu...
Exclusive report by Mohd Fharkhan Abdul Ghapar
KUALA LUMPUR, Oct 15 (Bernama) -- The government is advised to refine the implementation of the 90-day maternity ...
KUALA LUMPUR, Nov 19 -- The Ministry of Transport which receives RM6.05 billion allocation under Budget 2021, will be providing various incentives to benefit the people.
KUALA LUMPUR, Nov 16 -- The Ministry of Agriculture and Food Industries (MAFI) and the private sector must escalate co-operation to optimise the allocation in the 2021 Budget to MAFI so that ...
KUALA LUMPUR, Nov 9 -- The inclusive Budget 2021 touching on the involvement of various parties contributing to the economic chain related to the tourism sector is seen capable of revital...
© 2025 BERNAMA. All Rights Reserved.
Disclaimer | Privacy Policy | Security Policy This material may not be published, broadcast,
rewritten or redistributed in any form except with the prior written permission of BERNAMA.
Best viewed in Firefox 58.0.1 (64-bit) & Chrome Version 63.0.3239.132 (Official Build) (64-bit) with 1920 x 1080 resolution