ECERDC eyes RM5bil South Korean projects


In a statement, ECERDC said the investments are expected from South Korea’s leading firms in petrochemicals, specialty chemicals and advanced materials, with the potential for new manufacturing plants being constructed in Terengganu.

KUALA LUMPUR: The East Coast Economic Region (ECER) Development Council (ECERDC) and the Terengganu state government, in collaboration with the Malaysian Investment Development Authority, aim to secure potential investments estimated at RM5bil from South Korea.

In a statement, ECERDC said the investments are expected from South Korea’s leading firms in petrochemicals, specialty chemicals and advanced materials, with the potential for new manufacturing plants being constructed in Terengganu.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
ECERDC , South Korea , trade ,

Next In Business News

Trading ideas: NuEnergy, Nexgram, PLB Engineering, Sapura Industrial, Borneo Oil
PETRONAS seals LNG supply deal with CNOOC
SIB disposes of Seremban land for RM25mil
Utility contracts set to drive Steel Hawk earnings
Nexgram focuses on core operations
Perak Transit eyes growth from terminal expansion
Borneo Oil’s associate seeks Nasdaq listing
Nam Cheong nets US$20.5mil in vessel sale
Trive Property to bank on its rental income
Fruit and vegetable exports rebound

Others Also Read