NCER boasts over RM3 Billion in investments

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NCER boasts over RM3 Billion in investmentsAfter creating the Northern Corridor Economic Region (NCER) in 2009 to spur economic development in the region, Malaysia is pleased to announce that it has already seen RM3.23 billion in investment from private industries this year.  It brings total investment to about RM10.71 billion since it’s inception.  About 18,000 jobs have been created for locals. Tourism, agriculture, manufacturing, and logistics are the key industries driving the economic expansion.  The goal is to produce a GNI of RM13.03 billion by 2020, when Malaysia’s grand Economic Transition Programme is set to fulfill its goal of ushering Malaysia into developed-nation status.

 

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After creating the Northern Corridor Economic Region (NCER) in 2009 to spur economic development in the region, Malaysia is pleased to announce that it has already seen RM3.23 billion in investment from private industries this year.  It brings total investment to about RM10.71 billion since it’s inception.  About 18,000 jobs have been created for locals. Tourism, agriculture, manufacturing, and logistics are the key industries driving the economic expansion.  The goal is to produce a GNI of RM13.03 billion by 2020, when Malaysia’s grand Economic Transition Programme is set to fulfill its goal of ushering Malaysia into developed-nation status.  

NCER boasts over RM3 Billion in investmentsAfter creating the Northern Corridor Economic Region (NCER) in 2009 to spur economic development in the region, Malaysia is pleased to announce that it has already seen RM3.23 billion in investment from private industries this year.  It brings total investment to about RM10.71 billion since it’s inception.  About 18,000 jobs have been created for locals. Tourism, agriculture, manufacturing, and logistics are the key industries driving the economic expansion.  The goal is to produce a GNI of RM13.03 billion by 2020, when Malaysia’s grand Economic Transition Programme is set to fulfill its goal of ushering Malaysia into developed-nation status.

 

Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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