MVV2.0 on track to contribute up to 15% of country’s GDP, says Aminuddin

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MVV2.0 on track to contribute up to 15% of country’s GDP, says Aminuddin
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KUALA LUMPUR: The Catalyst Projects for Malaysia Vision Valley 2.0 (MVV2.0) are expected to have a major impact on the national economy by contributin...

: The Catalyst Projects for Malaysia Vision Valley 2.0 are expected to have a major impact on the national economy by contributing up to 15 per cent to the country’s gross domestic product once all development plans are completed in 2045.

“This policy has become the strength of the state government to attract more investors from home and abroad to invest in the MVV2.0 area since the opening of new industrial areas in this project would meet the demand and needs of the industry in addition to stimulating the state economy,” said the menteri besar.

MVV2.0 has been designed to drive the growth of Negri Sembilan and it includes six development parcels. 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, including halal-certified food and beverages, pharmaceutical and cosmetics, medical and education hubs.

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