Forthcoming Events
The East Coast Economic Region (ECER)
– Business Tour to Kuantan on 22 September 2016
MASSA members are cordially invited to join the Business Tour to Kuantan on 22 September 2016. This Business Tour is jointly organised by Malaysia-Japan Economic Association (MAJECA) and East Coast Economic Region Development Council (ECERDC).
The East Coast Economic Region (ECER) covers Kelantan, Terengganu, Pahang and the district of Mersing in Johor. It occupies an area of 66,000 sq km or 51% of the total area of Peninsular Malaysia. ECER is endowed with rich natural resources that includes oil and gas, iron ore and other minerals, vast tracts of fertile land, beautiful islands and pristine beaches, making the Region an investors’ paradise.
Manufacturing is one of the key economic clusters driving the development of ECER. A number of locations within the ECER have been earmarked for the establishment of several major industrial initiatives which includes, Pekan Automotive Park (PAP), Malaysia-China Kuantan Industrial Park (MCKIP), Gambang Halal Park, Pasir Mas Halal Park, Kemaman Heavy Industry Park.
ECER serves as the strategic investment gateway to ASEAN, Asia Pacific and the Far East as the region faces the South China Sea with access to a potential market of 4 billion people and a combined GDP of US$17 trillion. This provides excellent opportunities for the business community in Malaysia and ASEAN to further enhance their regional position.
A range of incentives which include tax incentive, investment allowance, import duty and sales tax exemption and facilitation of fund are available to investors in the ECER, some of which include:-
| 1. | 100% income tax exemption for 10 years or 100% investment tax allowance on qualifying capital expenditure incurred for 5 years. |
| 2. | Customize incentive based on merit of each case. |
| 3. | Import duty and sales tax exemption for raw materials, parts and components, plants and machineries and equipment. |
| 4. | Stamp duty exemption on transfer or lease of land or building used for development. |
| 5. | Flexibility in employment of expatriates and facilitation of human capital development. |
The Business Tour to Kuantan on 22 September 2016 will include a briefing on the ECER and site visits to:-
• Malaysia-China Kuantan Industrial Park
• Gebeng Industrial Park
• Kuantan Integrated Bio Park (KIBP)
• Kuantan Port Consortium (KPC)
The objective of the Business Tour is to promote investment/expansion opportunities in the ECER to potential investors involved in manufacturing and related activities for the following sectors:
1) Manufacturing:
• Automotive, Chemical, Medical Devices, High Technology,
Renewable Energy, ICT, etc
2) Halal:
• F & B and Pharmaceutical, etc
3) Petrochemical:
• Oil & Gas, etc
4) Bioeconomy
The tentative programme is as follows:-
|
DATE OF EVENT |
22 SEPTEMBER 2016 |
|
Time |
Particulars |
| 10 am – 10.30 am | Pick up from Kuantan Haji Ahmad Shah Airport and transfer to:
ECERDC Pahang State OfficeB8002,Sri Kuantan Square,Jalan Teluk Sisek, 25000 Kuantan,Pahang, MALAYSIA |
| 10:30 am – 10.45 am | Welcome Remarks & Introduction of ECER |
| 10:45 am – 11.00 am | Speech by Pahang State Government |
| 11:00 am – 11.15 pm | Manufacturing Industries and Malaysia – China Kuantan Industrial Park (MCKIP) |
| 11.15 am – 11.30 am | Halal Industries – Food and Non- Food |
| 11.15 am – 11.30 am | Bio-economy Industries |
| 11.30 am – 11.45 am | Tea Break |
| 11.45am – 12.00 pm | Oil & Gas, Petrochemical Industries |
| 12.00 pm – 12.15pm | Automotive Industries |
| 12.15 pm – 12.30 pm | Q & A |
| 12.30 pm – 1.30 pm | Lunch |
| 1.30 pm – 3:30 pm | Site visits to:
• Malaysia-China Kuantan Industrial Park • Gebeng Industrial Park• Kuantan Integrated Bio park (KIBP) |
| 3.30 pm – 4.30 pm | Tour to Kuantan Port Consortium |
| 4.30 pm – 5.00 pm | Tea Break |
| 5 pm | Adjourn |
The ECERDC will host the Business Tour in Kuantan. Participants are requested to make their own arrangements for flights to/from Kuantan. MAS flights are available as follows:-
MAS Flight Schedule
KUL-KUA MH1268 ETD 09:05 ETA 09:45
KUA-KUL MH1281 ETD 19:45 ETA 20:30
MASSA members are kindly invited to participate in this Business Tour to Kuantan and avail yourself of the opportunities to expand your business in the ECER. As places are limited, kindly email your interest to participate in the Business Tour to MASSA Secretariat at email: mail@massa.net.my or tel. no. 03-2078 3788/fax: 03-2072 8411 as soon as possible to book your place.
We look forward to your participation in the Business Tour to Kuantan.
For further details on the Business Tour, please contact:-
MASSA Secretariat
17th Floor, Bangunan AmBank Group
Letter Box No. 17A, Jalan Raja Chulan
50200 Kuala Lumpur
Tel: 03-2078 3788; Fax: 03-20728411 / Fax: 03-20310208
Email: mail@massa.net.my
Contact Person: Ms Ng Su Fun / Ms Florence Khoo