Envoy: Projects progressing smoothly

Growing strong: (From right) East Coast Economic Region Development Council chief executive officer Datuk Seri Jebasingam Issace John and Dr Huang visiting the Malaysia-China Kuantan Industrial Park. — Bernama

KUANTAN: China’s investments in the Malaysia-China Kuantan Industrial Park (MCKIP) will not be affected by Beijing’s capital controls as these are genuine business activities.

MCKIP, a government-to-government project, has attracted investments totalling RM18bil – mainly from mainland China.