KUALA TERENGGANU: East Coast Economic Region (ECER) in Terengganu hopes to boost progress at its projects with its new state office in Jalan Sultan Zainal Abidin here.
ECER Development Council (ECERDC) chief executive Datuk Jebasingam Issace John said he hoped the ECER’s economic growth would be accelerated in line with the objectives in its master plan.
“The Terengganu office opening reaffirms ECERDC’s commitment towards facilitating smooth implementation of the projects. It will fuel the projects, coordinate potential and current investors and provide information on the projects,” he said here recently.
Under the Ninth Malaysia Plan, 44 projects were identified for implementation in Terengganu under the ECER.
Of these, 31 are exclusive to the state, while the remaining 13 were cross-border projects involving neighbouring states, he said.
Some 21 projects commenced last year while 11 will begin by the middle of this year, 10 before year-end and another two by 2010.
Under the ECER masterplan, Terengganu is positioned as a tourism gateway and hub for the region’s centres of excellence.
The state’s primary focus is on the petrochemical, oil and gas-based industries; goat breeding and mutton clustering; vegetable farming; herbal parks and industry-based crops focusing on kenaf cultivation.
The total investment generated for Terengganu from 2005 is estimated at RM10.8bil.
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