State govt aims to make Malacca an investor-friendly state

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State govt aims to make Malacca an investor-friendly state
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MALACCA: The state government aims to set up new industrial zones to ensure the investment and industrial sectors’ continued growth and turn Malacca i...

: The state government aims to set up new industrial zones to ensure the investment and industrial sectors’ continued growth and turn Malacca into an investor-friendly state.said they would encourage private sector participation to attract high-quality investments, prioritise existing fields and new growth in those with high added value.

“In addition, new industrial zones will be developed across Malacca, such as the 2,023-hectare MCorp Hi-Tech Park project in Masjid Tanah, the expansion of the Elkay Industrial Area in Lipat Kajang, Jasin, and the 809.4-hectare industrial area in the M-WEZ economic corridor,“ he said in his speech at the first session of theMalacca awards investiture in conjunction with the Melaka Yang Dipertua Negeri’s 74th official birthday here today.

Ab Rauf also announced that the state government managed to implement 111 out of 180 initiatives, or 62 per cent, with another 69 currently ongoing.

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