PETALING JAYA: The ongoing development at the Malaysia-China Kuantan Industrial Park (MCKIP) in Kuantan has been impressive, says Datuk Seri Dr Wee Ka Siong.
The MCA president visited the industrial park on Monday (Sept 23) and said that he was mesmerised by the rate of the project’s progress.
“The speed of the project is impressive. I hope this key national development project that was jointly established by both countries six years ago will see the biggest success and results, ” he wrote on his Facebook page on Monday night.
MCKIP is being developed as the sister park of the China-Malaysia Qinzhou Industrial Park (CMQIP) in Nanning, China.
Wee said his maiden visit to the industrial park with some delegates was received by CMQIP administrative committee executive deputy director-general Gao Pu, who briefed them on the concept and implementation of the ‘two countries, twin parks’ model.
“The delegation members also excitedly took photos at Lebuh Kuantan in the industrial park, and all of us have mixed feelings.
“After all, the place was claimed to be the iron-clad proof by the then-opposition, Pakatan Harapan that Barisan Nasional has sold the country’s sovereignty.
“But after the May 9 general election last year, many Pakatan leaders came and checked in at Lebuh Kuantan, including those who have become ministers and high-ranking officials. How times have changed, ” he said.
MCKIP is the first industrial park in Malaysia that is jointly developed by both Malaysia and China.
It, together with its sister park CMQIP, have been identified by the two governments as an "iconic project for bilateral investment cooperation" that will drive the development of industrial clusters.
MCKIP officially opened for business in February 2013, offering investors support and information on investment opportunities, facilitation of sale and lease of industrial land, as well as advice on regulatory and compliance matters, including local business environment.
MCKIP Sdn Bhd, a joint venture between the two countries' consortiums, is the master developer for MCKIP.
The Malaysian consortium consists of a public-private partnership comprising IJM Land Bhd, Sime Darby Property Bhd and the Pahang State Government.
The Chinese consortium is led by the state-owned conglomerate Guangxi Beibu Gulf International Port Group and Qinzhou Investment Development Co Ltd.