Latest news with #ECER


New Straits Times
30-06-2025
- Business
- New Straits Times
ECERDC hits RM6.4bil investments in first half of 2025
KUALA LUMPUR: The East Coast Economic Region Development Council (ECERDC) has achieved RM6.4 billion in realised investments in the first six months of 2025. In a statement, ECERDC said these realised investments are part of a broader pipeline of RM10.4 billion in committed investments, enabling ECERDC to exceed its annual investment target of RM10 billion for 2025. According to the council, the strong performance is expected to create 2,844 job opportunities across the region. It said the manufacturing sector is the main contributor, accounting for 59 per cent of total investments. Pahang led with realised investments worth RM4 billion, followed by Terengganu with RM1.3 billion and Kelantan with RM1.1 billion, while Johor saw investments in agriculture amounting to RM13.3 million from the development of a biocompost facility in Mersing. Key realised investments in the first six months of 2025 include a RM1 billion integrated oil refinery plant, a RM950 million tourism development, and a RM667 million facility to produce maleic anhydride in Pahang. In Kelantan, an RM1 billion 84-megawatt mini hydroelectric plant is being developed, while Terengganu secured an RM638 million investment for the processing of pulverised quartz. Prime Minister Datuk Seri Anwar Ibrahim said ECERDC continues to play a vital role in accelerating inclusive growth across the east coast region. "The investments secured signal that ECER remains a high-potential growth corridor for Malaysia. "These efforts are aligned with our national commitment to balanced regional development, ensuring that all Malaysians benefit from economic progress," he said after chairing the first ECER Council Meeting for 2025 in Putrajaya today. In tandem with its investment success, ECERDC said it is completing eight strategic and impactful projects in 2025, in line with the strategic thrusts outlined under the ECER Development Plan. Under the development plan, to enhance food security, ECERDC said it has completed the Goat Milk Collection Centres in Ketereh and Pasir Puteh, Kelantan (April 2025) and is undertaking the final stages of the Jemaluang Dairy Valley in Johor to strengthen the region's agro-based value chains. Supporting the development of new tourism destinations, the council said several projects are on track for delivery, including the Cherating Turtle Information and Conservation Centre in Pahang (April 2025), the Kuala Terengganu City Centre (KTCC) Promenade Phase 1, the Pulau Pemanggil Jetty in Mersing, and upgrading works on the access road to Johor's Endau Rompin National Park from Kahang to Sungai Emas. This includes the construction of the Palekbang–Kota Bharu Bridge, a catalytic project aimed at improving cross-river connectivity and unlocking economic opportunities in Kelantan, which began earlier this year and is progressing well. Under the high-value manufacturing and hard-to-abate thrust, ECERDC said it is strengthening the industrial ecosystem through the expansion of Kerteh Biopolymer Park (KBP) in Terengganu, supporting industries such as biopolymer, petrochemical, and advanced materials. It said the Phase 4A Package 1 was completed in 2024, while the SME Complex Phase 1B is nearing completion by mid-2025, and Phase 4A Package 2 is currently underway. ECERDC said the project is expected to attract RM4.4 billion in investments by 2029. In enhancing regional connectivity, the Kuala Terengganu Airport Road (Package 2) is under development to improve access and support the region's tourism and logistics ecosystems. ECERDC chief executive officer Datuk Baidzawi Che Mat said these strategic developments are laying the foundation for sustainable economic growth across ECER. "By strengthening key industrial ecosystems, improving accessibility, and supporting community-focused initiatives, we are enhancing the region's appeal to investors while delivering meaningful improvements to local communities," it added.


New Straits Times
16-06-2025
- New Straits Times
Senior ECER engineer charged with 14 counts of corruption
KOTA BARU: A senior civil engineer for the East Coast Economic Region (ECER) special projects unit was charged at the Sessions Court here today with 14 counts of corruption totalling RM100,000. Muhamad Azly Abdul Aziz claimed trial to all the charges read to him before judge Dazuki Ali. The 44-year-old claimed trial to taking money from one Mohd Solehin Abdullah to facilitate recommendation of the interim claim certification for Central Spine Road (CSR) projects. These were for Package 3 (Gua Musang to Kampung Relong, Pahang); Section 3D (Gua Musang roundabout to Mentara); and, Sections 3B and 3C (Km180.5 of the Kuala Lumpur-Kota Baru Highway to Gua Musang roundabout). He was alleged to have received the money via online transfer at CIMB Islamic Bank of Jalan Maju branch from an account owned by Afiq Aziz Enterprise. All transactions took place at the same bank and bank account between Dec 22, 2022 and Oct 31, 2023. The father of four was charged under Section 16(a)(B) of the Malaysian Anti-Corruption Commission Act 2009, which is punishable under Section 24(1) of the same. Tengku Nurul Haziqah Tuan Yacob acted for the prosecution while the accused was represented by Azeezi Nordin. The judge allowed bail of RM12,000 for all charges with one surety. He then fixed July 17 for mention pending submission of documents.

Barnama
29-04-2025
- Business
- Barnama
Manufacturing Sector Powers Kelantan's Economic Progress As ECERDC Spurs RM1.21 Bln In Investments
GENERAL KUALA LUMPUR, April 29 (Bernama) -- Kelantan's transformation into an emerging industrial hub continues to gain momentum as the East Coast Economic Region Development Council (ECERDC) secures RM1.21 billion in realised investments, driven primarily by the manufacturing sector. Kelantan Menteri Besar Datuk Mohd Nassuruddin Daud said the progress surpassed the annual investment target, reflecting the strong commitment of the state government with the federal government through ECERDC. "The RM1.21 billion in realised investments, driven largely by the renewable energy sector, signals Kelantan's readiness for high-impact development. "With an additional RM290 million in committed investments projected to create over 650 new jobs, investor confidence in Kelantan's long-term potential continues to grow," he said after chairing the East Coast Economic Region (ECER) Implementation and Coordination Committee Kelantan meeting in Kota Bahru today. In a statement, ECERDC said the achievement reaffirms Kelantan's growing appeal as a competitive investment destination within the ECER. ECERDC said key contributors to this milestone include the 84 megawatt (MW) mini hydro power plant project in Kuala Krai, which has begun groundwork, and the development of an automotive 3S (sales, service and spare parts) centre at the Halal Park in Pasir Mas, which is expected to commence operations in the fourth quarter of 2025. According to the statement, major progress has been recorded in the construction of the Palekbang–Kota Bharu Bridge. It also noted that the works on the cable-stayed section across Sungai Kelantan began in April 2025, and the overall project remains on track for completion. Meanwhile, ECERDC has formalised a collaboration agreement with Perbadanan Kemajuan Pertanian Negeri Kelantan and Pertubuhan Peladang Kawasan Bukit Awang today.