Council draws RM4.5b potential investments from China - Business News - News Summed Up

Council draws RM4.5b potential investments from China - Business News


NANNING: The East Coast Economic Region Development Council (ECERDC) has secured potential investments of RM4.5bil from China for the construction of renewable energy and advanced chemical factory in Malaysia-China Kuantan Industrial Park. He said the East Coast Economic Region’s (ECER) trade with China continued to grow despite the challenging business environment. “The council is firm in its commitment to attract more investments from China as well as forge stronger partnerships with its government agencies and private players,” he said. This year, we brought 20 companies and we will increase the number to 30 next year,” he said. This year, ECERDC recorded about RM150,000 in immediate sales and potential exports worth over RM16mil.


Source: The Star September 15, 2016 00:09 UTC



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