ECERDC inks deal with 14 investors


Datuk Seri Najib Razak shaking hand with Lawrence Shum MD of NewOcean Energy Holdings after the MOU ceremony yesterday. Looking on are Datuk Seri Jebasingam Issace John and Dato' Soam Heng Choon..- M. Azhar Arif/The Star

KUALA LUMPUR: The East Coast Economic Region Development Council (ECERDC), the body that oversees the development of the East Coast Economic Region (ECER), signed deals with 14 foreign and domestic investors involving investments worth RM9.9bil.

ECERDC chief executive officer Datuk Seri Jebasingam Issace John said the investments were in key sectors such as manufacturing, tourism, bio-economy and real estate.

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