How much private investment has Terengganu attracted via ECER?

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Terengganu Attracts RM20.4 Billion in Private Investment Through ECER

Terengganu has successfully attracted RM20.4 billion in private investment since the establishment of the East Coast Economic Region (ECER) development corridor. This significant investment has led to the creation of approximately 10,850 job opportunities and has fostered the development of nearly 800 entrepreneurs within the state.
High-Technology and Environmentally-Friendly Industries

The private investments drawn to Terengganu originate from a range of high-technology sectors, with a particular focus on biotechnology and an emphasis on environmentally-friendly operational practices. This strategic direction is exemplified by the Kertih Biopolymer Park, an ECER special economic zone that has positioned Malaysia as a regional biotechnology hub, attracting global players such as CJ CheilJedang, Arkema, and Gevo.
Support for Heavy Industry and Oil & Gas Sectors

Further diversifying the investment landscape, the Kemaman Heavy Industry Park in Telok Kalong, another initiative by the ECER Development Council (ECERDC), has secured investments from companies like Eastern Still, a joint venture involving Hiap Teck Venture Bhd and China's Shougang Corporation. This park is designated for iron and steel fabrication, complementing the planned establishment of a boat building and repair centre at Pulau Kucing, both of which are designed to support Malaysia's vital oil and gas industry.
Local Entrepreneurship and Spin-off Opportunities

The influx of these substantial investments is designed to generate significant spin-off business and entrepreneurship opportunities for the local population. These opportunities span various sectors, including property development, logistics, training, and other professional services, thereby contributing to the broader economic development of Terengganu.

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How much private investment has Terengganu attracted via ECER?

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