Pahang International Spaceport: Completion expected in 3-5 years
He said the facility, which will be the first international rocket launch site in Southeast Asia, is expected to create 2,350 job opportunities and generate economic spillover effects, particularly in the tourism and research sectors.
'I was informed that one of the optimal locations for development is along the Equator on the east coast, especially Pahang, and Sabah,' he said during the State Legislative Assembly sitting at Wisma Sri Pahang here today.
He was responding to a supplementary question from Chan Chun Kuang (PH-Semambu) on the expected completion timeline and the job creation potential for the project.
Mohamad Nizar said the Pahang State Development Corporation (PKNP) signed a Letter of Intent with China Great Wall Industry Corporation and Lestari Angkasa Sdn Bhd on April 15 to establish strategic cooperation in the development of the space technology sector in Malaysia.
'PKNP and Lestari Angkasa Sdn Bhd will also conduct a working visit to Wenchang Space City in Hainan, China, in May as part of a feasibility study and planning phase for the International Space Port project in Pahang,' he said in response to Chan's question on the current status of the project.
Meanwhile, he said the state government is currently evaluating two proposals to develop an Aerospace City, covering the areas of Gebeng, Kuantan and Pekan.
In December 2023, Science, Technology and Innovation Minister Chang Lih Kang was reported as saying that Pahang and Sabah are among the states shortlisted as potential sites for the rocket launch facility.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
an hour ago
- New Straits Times
MITI: US AI chips now need strategic permit
KUALA LUMPUR: All exports, transshipments and transit activities involving high-performance artificial intelligence (AI) chips of US origin must now have a strategic trade permit, the Investment, Trade and Industry Ministry (MITI) said. In a statement, MITI said the requirement takes immediate effect under Section 12 of the Strategic Trade Act 2010 (STA 2010), which allows for catch-all controls. Under the provision, individuals or companies must notify the relevant authority at least 30 days before exporting, transhipping, or bringing in transit any item not expressly listed in the strategic items list (SIL) if the individual or company knows or has reasonable grounds to suspect the item will be misused or used for a restricted activity. "This initiative serves to close regulatory gaps while Malaysia undertakes further review on the inclusion of high-performance AI chips of US origin into the SIL of the STA 2010. "Malaysia stands firm against any attempt to circumvent export controls or engage in illicit trade activities by any individual or company, who will face strict legal action if found violating the STA 2010 or related laws," it said. The ministry added that while Malaysia supports investments and trade aligned with international best practices as well as with multilaterally agreed commitments, all entities operating in the country are expected to comply with relevant international obligations that are applicable to their operations to avoid any secondary sanctions on their businesses. "MITI remains committed to preserving a safe, secure, transparent and rules-based trading environment with all its trade partners and will not tolerate the misuse of Malaysia's jurisdiction for illicit trading activities," it said.
Free Malaysia Today
16 hours ago
- Free Malaysia Today
53-year-old loses RM500,000 in quick-returns online scam
Police said he was introduced through a Facebook app to an investment called 'Silver Peak CP' that promised quick and high returns. GEORGE TOWN : A man in Sungai Bakap has lost RM500,000 after falling victim to a fake online investment scam that promised high returns in a short time. Penang deputy police chief Alwi Zainal Abidin said the victim, a 53-year-old former warehouse assistant supervisor in Singapore, had come across a Facebook ad promoting stock investments on March 21. He contacted a woman who identified herself as 'Liane' and she introduced him to an investment called 'Silver Peak CP' through a mobile app that promised quick and high returns, Alwi said in a statement. 'Attracted by the offer, the victim downloaded the app and started investing.' Between March 22 and June 24, he paid a total of RM500,000 in 22 deposits into six different bank accounts provided by the woman. 'After that, he could no longer access the app,' Alwi said.
Malay Mail
20 hours ago
- Malay Mail
Expecting RM4.5m profit, Kluang company director downloads ‘PHV View' investment app, loses RM830,000 to scammers
KLUANG, July 13 — A trader and director of a hardware company lost RM829,705 after falling victim to an online investment scam. Kluang police chief ACP Bahrin Mohd Noh said the 56-year-old man came across an investment advertisement promising high returns on social media in March. After contacting the so-called investment 'agent', the victim was instructed to download an app called 'PHV View' to participate. 'Between June 5 and July 9, he transferred RM829,705 in stages to five different bank accounts for the supposed return of RM4,669,065.25 shown on the app,' he said in a statement today. However, the man was then told he had to make further payments to withdraw the profits. Realising he had been scammed, the victim lodged a police report on July 10 at the Kluang Police Station. The case is being investigated under Section 420 of the Penal Code for cheating. — Bernama
