Private investments in ECER to hit RM110bil this year

Chief executive officer Datuk Seri Jebasingam Issace John (pic) said construction of the factory would commence early next year and was slated for completion early 2018.

KUALA LUMPUR: The East Coast Economic Region Development Council (ECERDC) expects private investments to reach RM110bil in the East Coast Economic Region (ECER) this year, a target actually set for 2020.

Realising the target sooner-than-expected has been no mean feat but thanks to catalyst like high-impact infrastructure projects, improved connectivity, readily available resources and the support of a pool of skilled manpower, attracting investments from both domestic and foreign investors has been possible.