Malaysian Vision Valley 2.0 could contribute up to 15% of country's GDP, says Negri rep

PORT DICKSON: The Malaysian Vision Valley 2.0 (MVV2.0) is expected to contribute up to 15% to the country's gross domestic product (GDP) once all plans in the development are completed in 2045, says Datuk Dr Mohamad Rafie Ab Malek.

The state investment, industrialisation, education, entrepreneurship and human capital committee chairman said to achieve this, support from the Federal Government is crucial.

He said Negri Sembilan needed support such as the construction of infrastructure including highways, particularly in the MVV2.0 area, and the exploration of alternative or renewable energy sources.

Mohamad Rafie, who is also NS Corporation chairman, said MVV2.0 initiatives were to promote economic growth and position Negri as a prosperous, inclusive and sustainable state by 2045.

"MVV2.0 has been designed to drive the growth of Negri and it includes six development parcels," he said at the launch of the Catalyst Projects for MVV2.0 by Prime Minister Datuk Seri Anwar Ibrahim.

Parcel A, covering an area of 1,148ha, is planned as a high-tech industrial area known as NS High Tech Industrial Park.

The second, Parcel B which spans 3,600ha, is planned as the development area for Smart County, which will, among others, have a new central business district in Seremban, encompassing residential and commercial areas and light and medium industries.

Mohamad Rafie said Parcel C spanning 6,221ha, known as NS Aerospace Valley (NSAV) is planned to be a dynamic and integrated aerospace industrial hub in Malaysia and the Asian region.

The key components in this area include aerospace, oil & gas, electric vehicle (EV) and a logistics hub.

Parcel D, to be known as the Integrated Maritime Hub and Coastal Corridor, encompasses the entire state waters within a three-nautical mile and is planned to develop the maritime industry in Port Dickson.

"We are also planning to develop an Industrial Port to support development in NSAV and complement Port Klang," he said.

The 1,821ha Parcel E, which is still in the planning phase will be developed as the Unmanned Vehicle Valley (UVV).

The development will encompass four sectors – UAV (unmanned aerial vehicle), UGV (unmanned ground vehicle), USV (unmanned surface vehicle) and UUV (unmanned underwater vehicle).

Mohamad Rafie said Parcel F will be known as the NS Semiconductor Valley and will be located near the Tuanku Jaafar Industrial Park.

"This area will be developed as a semiconductor industry hub. We have so far received two proposals for the development of the semiconductor industry worth RM35bi," he said.

Mohamad Rafie said the NS Corporation has also successfully entered into agreements and collaborations for all developments in the MVV2.0 area.

This includes the signing of a memorandum of understanding with the National Aerospace Industry Corporation Malaysia for the development of an aerospace ecosystem in NSAV and the UVV.

"We also have an MOU with the China National Aerotechnology International Engineering Corporation for the development of real estate and infrastructure in the NSAV area with a total investment of RM5.81bi.

"Then, there is a joint venture with Matrix Concepts Holdings Bhd for the mixed development in Parcel B with a total investment of RM7bil," he said.

Mohamad Rafie said the other collaborations include a joint venture with MIE Industrial Sdn Bhd for the development of the Industrial Terminal facility known as NS Maritime Gateway with a total investment of RM1.2bil and another collaboration with Labu Tech Park Sdn Bhd for the infrastructure development of NS Smart Park industrial area in Parcel B with a total investment of RM700mil.

The other joint ventures are with NS Semiconductor Valley Sdn Bhd for the development of the semiconductor industry area in Parcel F with a total investment of RM420mil and with Seremban Engineering Berhad for the development of NSC Jetty with a total investment of RM400mil.

Mohamad Rafie said NS Corporation has also formed a joint venture with WSH Development Sdn Bhd for the development of NS Seaplane Hub infrastructure with a total investment of RM68.5mil and signed an MOU with Systematic Aviation Services Sdn Bhd (SAS) for the development of Water Aerodrome in the NS Seaplane Hub.