Selangor and KCCCI to co-sell Gold Coast


  • Business
  • Thursday, 03 Apr 2003

BY LOONG MENG YEE in Shah Alam

THE Selangor state government and the Klang Chinese Chamber of Commerce and Industry (KCCCI) have teamed up to promote a 200km stretch of coast from Sabak Bernam to Sepang under a package named the Selangor Gold Coast. 

The two parties plan to sell the package to foreigners for investment, tourism, as second homes for foreigners and as suitable sites to conduct training programmes. 

“The coastal areas of Selangor have much to offer. There are picturesque and tranquil settings for foreigners to spend their retirement days, abundant land for factories, available man- power, good infrastructure and a helpful state government ready to extend a helping hand,'' state investment portfolio chairman Datuk Tang See Hang said. 

Tang told reporters this after meeting with KCCCI representatives at the Selangor State Investment Centre (SSIC) office on Monday. 

The KCCCI team was led by its president, Ter Leong Yap. Also present was SSIC general manager Mohd Jabar Ahmad Kembali. 

Datuk Tang See Hang (middle) receiving the proposal from Ter Leong Yap.

Tang said the coastal areas were potential investment sites as they were near the KL International Airport and Port Klang. 

He commended the KCCCI for their efforts to promote the coastal areas, saying the movement was in a position to help as it had strong networking with local trade organisations and about 20 world trade organisations. 

Ter said the local Chinese trade associations in Sabak Bernam, Kuala Selangor, Port Klang, Pandamaran and Kuala Langat had pledged their support for the programme. 

“These areas constitute 53% of the state's total land area. Many businessmen are stuck in the comfort of investing in well-known developed areas when there are other potential areas to be explored at better rates,” he said. 

Ter said for instance, the coastal areas were suitable to meet the requirements of the “Silver Hair” programme, which encouraged retired foreigners to reside in Malaysia. 

He said the association would try to sell the Selangor Gold Coast package to investors participating in the World Chinese Entrepreneurs Convention at the Sunway Pyramid and Genting Highlands at the end of July. 

The association would also work with the state government in promoting the package during investment tours to targeted foreign countries, said Ter. 

He said China had the potential to be an important market as the country was actively encouraging its businessmen to invest overseas. 

“They like Malaysia for our stability and peace. The KCCCI will work hard to convince these businessmen to seriously consider the Selangor Gold Coast package,” he said. 

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