Regional economic corridors to spur economic growth


IN the 11th Malaysia Plan, efforts will be undertaken to accelerate investment, improve infrastructure and review the regional economic corridor master plans to realise the investment of RM236bil and create 470,000 jobs by 2020.

The priority sectors include the creative cluster in Iskandar Malaysia; the automotive and aeronautics industries in the Northern Corridor Economic Region (NCER); the petrochemical industries in the existing industrial parks of the East Coast Economic Region (ECER); tourism and palm oil downstream processing in the Sabah Development Corridor (SDC); as well as energy-intensive industries including aluminium, steel and glass in the Sarawak Corridor of Renewable Energy (SCORE).

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Economic Corridor , Government , Economy , 11MP

   

Next In Business News

A real need for local giants
Data centre boom - at watt cost?
Global momentum continues to lift Bursa Malaysia
Indonesia's Q1 GDP growth beats forecasts, at highest in 3 qtrs
Proton sales rise 17.1% in April
ECB rate cut case getting stronger, says chief economist Lane
Malaysia Book of Records appoints Christopher Wong as CEO
Oil nudges higher after Saudi Arabia hikes prices
China's services activity eases in April but still solid, Caixin PMI shows
No knee-jerk decline in Carlsberg sales following price hike

Others Also Read