Malaysia to draw up more regional development plans
Like many emerging countries in the region and around the world, Malaysia understands that economic development regions can be great drivers of growth if done properly. While Johor’s Iskandar Malaysia has been getting most of the press recently, there are also plans to transform four other regions around the country.
They are: Georgetown and the Northern Corridor Economic Region (NCER); Kuantan and the East Coast Economic Region (ECER); Kuching and the Sarawak Corridor of Renewable Energy (SCORE); and Kota Kinabalu and Sabah Development Corridor (SDC). Plans to focus on these regions have existed for at least four years, but the government’s Performance & Delivery Unit (Pemandu) is accelerating efforts with specific transformation programmes and investigative laboratories to take them to the next level of growth.
Pemandu said “The Regional Cities and Economic Corridors Transformation Programmes will build on the excellent work done to-date. It will take the development achieved to-date to the next level to build out regional and global hubs in their economic areas of specialization.”
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