ECER has 12 new investments worth RM10.08n

  • After Karpal’s death, DAP rep tells AG to drop bid for jail time
    After Karpal’s death, DAP rep tells AG to drop bid for jail time

    SHAH ALAM, April 17 — The Attorney-General’s Chambers (AGC) should symbolically withdraw its recent bid for custodial sentence against late DAP veteran Karpal Singh after his death today,  state... …

  • Best leads for MH370 search will be exhausted in about a week, says Abbott
    Best leads for MH370 search will be exhausted in about a week, says Abbott

    The best leads in the underwater search for Malaysia Airlines flight 370 will be exhausted in about a week, Australia's Prime Minister Tony Abbott said in an interview with The Wall Street Journal (WSJ), as search efforts continue in the Indian Ocean. Abbott said authorities would need to rethink their approach if the mini-submarine,... …

  • Opposition MPs censure Karpal’s critics for insensitive remarks
    Opposition MPs censure Karpal’s critics for insensitive remarks

    Pakatan Rakyat MPs have condemned remarks by certain critics of the late Karpal Singh, saying their insensitive remarks and stupid logic have no place in a modern educated society like Malaysia. On former Perkasa deputy president Zulkifli Noordin's comment that Allah had killed off Karpal who had rejected the implementation of hudud laws in... …

  • Karpal makes last journey home to Penang
    Karpal makes last journey home to Penang

    Amid tears of sorrow, a coffin bearing Karpal Singh's remains was loaded onto a van for his final journey back to Penang today. The 73-year-old, popularly known as the Tiger of Jelutong, died early this morning after the Toyota Alphard he was in collided with a five-tonne Mitsubishi Canter. Karpal's remains had been brought to the Raja... …

  • Anwar pays tribute to defender of human rights
    Anwar pays tribute to defender of human rights

    Malaysia has lost a selfless, courageous and noble defender of  fundamental liberties, said opposition leader Datuk Seri Anwar Ibrahim in a tribute to his political comrade and lawyer Karpal Singh, who died in an accident this morning. Anwar, who found out about Karpal's passing at 3am today, said that Malaysia had lost an illustrious hero and... …

  • Nurul Izzah’s husband appoints relative as member of reconciliation committee
    Nurul Izzah’s husband appoints relative as member of reconciliation committee

    Lembah Pantai MP Nurul Izzah Anwar's husband, Raja Ahmad Shahrir Iskandar Raja Salim, has appointed his relative as a member of a reconciliation committee for the couple's ongoing divorce case, The Star Online reported today. According to the report, Raja Ahmad Shahrir proposed Mohd Fauzi Mustaffa for the position today. The report said Raja... …

PUTRAJAYA: The East Coast Economic Region (ECER) today announced new committed investments in the region amounting to RM10.08 billion by 12 investors, including three recipients of the Teraju Facilitation Fund for Bumiputera Entrepreneurs.

These comprised four investments worth RM5.61 billion in Pahang, five investments in Kelantan worth RM2.96 billion and three investments in Terengganu worth RM1.51 billion.

With these new investments, the amount of investments attracted by the region in 2013 alone stood at RM28.46 billion.

Prime Minister Datuk Seri Najib Tun Razak witnessed the exchange of the investment commitments in ECER by the investors at a special ceremony here today.

Also present were Pahang Menteri Besar Datuk Seri Adnan Yaakob, Terengganu Menteri Besar Datuk Seri Ahmad Said, Kelantan Menteri Besar Datuk Ahmad Yakob, Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin and East Coast Economic Region Development Council (ECERDC) Chief Executive Officer Datuk Jebasingam Issace John.

According to a press statement, the total investments in ECER recorded since 2007 to date amounted to RM55.80 billion, which already surpassed the halfway mark of ECER's RM110 billion investment target by 2020.

The RM55.80 billion investments are expected to create 55,000 job opportunities for the rakyat.

The new investors are Genting Bhd in integrated tourism and theme park in Genting Highlands (RM5 billion ); Farm Resort (Gambang) Sdn Bhd - four-star hotel based on agro and ecotourism concept in Gambang, Pahang (RM68.2 million); Boustead Hotels and Resorts Sdn Bhd - five-star hotel in Cherating, Pahang (RM200 million; Beta Assets Sdn Bhd - mixed development project at Kuala Terengganu City Centre (RM1.5 billion); Admal Aviation Sdn Bhd - maintenence, repair and overhaul of planes in Kuala Terengganu (RM280 million); and Biz Markz Cement Industries Sdn Bhd - integrated cement manufacturing plant in Gua Musang, Kelantan (RM1.2 billion).

The others are ASN Cement - integrated cement manufacturing plant in Gua Musang, Kelantan (RM1.2 billion); Syarikat Usahasama Seri Cemerlang - five-star hotel and suites (RM300 million); Ilmu Dab Hikmah Sdn Bhd - private university college in Bachok and Kota Baharu, Kelantan (RM250 million); Kidz Fun Manufacturing and Marketing Sdn Bhd - manufacturing of educational toys in Kuantan, Pahang (RM37.08 million); Synergy Generated Sdn Bhd - solar panel production in Setiu, Terengganu (RM36 million); and AUEI Teras Holdings Sdn Bhd - condominium development for university students hostel facilities in Kota Baharu, Kelantan (RM6.67 million). -- Bernama

Follow @YahooMalaysia on LINE for daily news updates.

Comments on Yahoo pages are subject to our link to Comments Guidelines. You are responsible for any content that you post. Yahoo is not responsible or liable in any way for comments posted by its users. Yahoo does not in any way endorse or support comments made by its users.

  • ‘Huge’ Hindu, Buddhist statues against Islam, ex-judge says The Malay Mail Online
    ‘Huge’ Hindu, Buddhist statues against Islam, ex-judge says

    KUALA LUMPUR, April 16 — The “huge” statues at a Hindu temple in Batu Caves and Buddhist temple in Penang are an affront to Islam as the religion forbids idolatry, a retired Court of Appeals judge... …

  • My dad was in KL to see me, says Gobind The Malaysian Insider
    My dad was in KL to see me, says Gobind

    Bukit Gelugor MP Karpal Singh, who died in an accident early this morning, was in Kuala Lumpur to visit his son Gobind Singh Deo who was ill. A distraught Gobind said he was informed of the accident at 2.15am today, and he and his wife rushed to the scene where he saw his father's mangled car and his father's body. "My brother Ramkarpal was... …

  • Wreck hunter confident MH370 crash site found, says Aussie paper The Malaysian Insider
    Wreck hunter confident MH370 crash site found, says Aussie paper

    A wreck hunter is confident that the search teams had pinpointed the crash site of Malaysia Airlines flight MH370 and believes that the black boxes will be located soon, the Sydney Morning Herald (SMH) reports. David Mearns, director of Blue Water Recoveries told the ABC's 7.30 programme yesterday, he was confident that, because of their... …