KRC attracts RM2.1bil investments from industry players

In progress: The Kedah Rubber City project is expected to start operating in the second quarter of next year. — Bernama

PETALING JAYA: The high-impact Kedah Rubber City (KRC) project in Padang Terap has so far attracted potential investments of more than RM2.1bil with more than 5,000 jobs generated by local rubber industry players.

Kedah Mentri Besar Muhammad Sanusi Md Nor said buoyed by the attractive and comprehensive fiscal incentive package, the industry players had given their commitment to be part of the project which is expected to start operating in the second quarter of next year.