KOTA BHARU (July 26): The East Coast Economic Region Development Council (ECERDC) has successfully attracted RM6.3 billion worth of committed investments for Kelantan from 2018 to July 2022, said Menteri Besar Datuk Ahmad Yakob.
He said under the East Coast Economic Region (ECER) Master Plan 2.0 (2018-2025), the total investment target for Kelantan is RM9.5 billion.
“Besides committed investment, ECERDC has also successfully created 1,724 jobs and 430 business opportunities for local residents,” he said, speaking at the Kelantan Investment Day closing ceremony here on Tuesday (July 26).
Also present were Deputy Menteri Besar Datuk Mohd Amar Nik Abdullah; Chairman of the State Committee on Industry, Trade, Investment and Entrepreneurship Development, Datuk Hanifa Ahmad; and ECERDC Executive Director Datuk Baidzawi Che Mat.
At the same event, Ahmad also presented the Kelantan Investment Policy, a reference document that provides an overview of the state’s investment ecosystem to drive economic growth and development.
He said key infrastructure and utility projects, including highway network, broadband and water utility services, are being vigorously implemented to increase Kelantan’s potential as a prime investment destination.
“For example, the increase in investment of RM910 million by leading Japanese electronics manufacturer ROHM-Wako Electronics underscores investors’ confidence in continuing to expand their business here and further increasing Kelantan’s potential as an investment hub,” he said.