Private investments in ECER to hit RM110bil this year

  • Economy Premium
  • Thursday, 11 May 2017

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.

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