KUANTAN: A delegation of officials and investors from China visited the Malaysia-Kuantan China Industrial Park (MCKIP) and Kuantan Port here recently as part of the second Investment Promotion Conference for Malaysia-China “Two Countries, Twin Parks”.
Led by Guangxi Zhuang Autonomous Region of China vice-Governor Zhang Xiaoqin, the delegation sought to forge greater bilateral trade and economic relations between China and Malaysia, especially in Kuantan and Guangxi.
East Coast Economic Region Development Council (ECERDC) chief executive officer Datuk Seri Jebasingam lssace John said that in response to the encouraging demand, MCKIP would be expanded by another 323.75ha to a total land area of 1,238.33ha.
“The ongoing construction, development and expansion of MCKIP are important milestones, as they reinforce investors’ confidence in the ECER as an attractive investment destination.
“China has been a close trading partner and investor in the ECER. The increasing number of investments have spurred more infrastructure projects such as the construction of industrial parks, roads and railways.
“Importantly, the spillover effects from these investments into the ECER will bring about better socio-economic benefits such as increased job and entrepreneurial opportunities for the local community,” he said.
In addition to that, he said Kuantan Port was also currently being expanded into a deep water port capable of handling 52 million freight weight tonnes and vessels of up to 200,000 deadweight tonnage.
“Kuantan serves as a key growth catalyst for ECER with its strategic location in the region and close proximity to China. In fact, the city has been earmarked to be Malaysia’s renowned Port City similar to Rotterdam in the Netherlands, which is known as the Gateway to Europe.
“This will further attract more investments and trade activities in the ECER Special Economic Zone, including MCKIP,” said Jebasingam.
During the visit, government officials, corporate leaders and key investors planted a Khaya tree next to the MCKIP monument to symbolise the long lasting cooperation and growth prospects between the investors of both nations.