KUANTAN: The East Coast Economic Region Development Council (ECERDC) and the state government have earmarked Kuantan as the country’s renowned port city with its strategic location in the region and close proximity to China.
The council said in a press statement that the expansion of Kuantan Port into a deep water port was well underway and upon completion, it would be capable of handling 52 million freight weight tonnes of bulk and container cargo.
“The port’s draft depth of 18 metres will enable it to accommodate ships with 200,000 Deadweight Tonnage (DWT).
“To date, the new breakwater, which will create a sheltered harbour has reached an advanced stage of completion while construction works are ongoing for the Port Link Road, which will significantly improve access between Kuantan Port and the Malaysia-China Kuantan Industrial Park and the East Coast Expressway,” said the statement issued after the ECER Implementation and Coordination (ICC) Pahang meeting recently.
ECERDC chief executive officer Datuk Seri Jebasingam Issace John said in the statement that as China strengthened its economic ties with Asian countries following its One Belt One Road policy, Kuantan is best positioned as a regional hub for investments in the Asia Pacific.
“In fact, Kuantan’s position as a Port City and gateway to the Asia-Pacific markets will help attract even more investments and trade activities in the ECER Special Economic Zone (ECER SEZ), which also includes Gambang and Pekan in Pahang. The spillover effects from these investments into the ECER will bring about better socio-economic benefits, especially job and entrepreneurial opportunities for the local communities,” he said.
The ICC meeting was chaired by Mentri Besar Datuk Seri Adnan Yaakob.
The statement also said that from May 30 until June 1, the second Malaysia-China “Two Countries, Twin Parks” joint promotion event would be held in Kuantan and Kuala Lumpur involving 100 delegates from China and 200 delegates from Malaysia.
During the event, both sides are expected to present investment opportunities in the Malaysia-China Kuantan Industrial Park and its sister park, the China-Malaysia Qinzhou Industrial Park, to potential investors from China and Malaysia while the Pahang state representative would present investment opportunities in Pahang.
THE STAR | 16 MAY 2016 |