Business

Govt eyes RM367.8 billion realised investments for NCER by 2030 - PM Anwar

From 2021 to 2022, NCER contributed 34 per cent (RM197 billion) of the total approved investments.

Updated 2 years ago · Published on 27 Mar 2024 3:18PM

Govt eyes RM367.8 billion realised investments for NCER by 2030 - PM Anwar
The meeting was also attended by the Deputy Prime Minister and Minister of Rural and Regional Development Datuk Seri Dr Ahmad Zahidi Hamidi as well as the relevant Menteri Besar as NCIA council members. - Pic from Anwar's X posting, March 27, 2024

THE government aims for the Northern Corridor Economic Region (NCER) to record RM367.8 billion in realised investments by 2030 through three new focus areas.

Prime Minister Datuk Seri Anwar Ibrahim said NCER plans to become a world-class economic and technological hub through three new areas of focus - advanced services, high-value manufacturing and modern agriculture.

He said the two drivers of change that will support the plan are Environmental, Social and Governance (ESG) practices and applying digital usage.

At the 31st Northern Corridor Implementation Authority (NCIA) Meeting he chaired today, the prime minister said he had examined the main issues related to the NCER Strategic Development Plan 2024-2030.

"From 2021 to 2022, NCER contributed 34 per cent (RM197 billion) of the total approved investments," he noted in a post on X (formerly known as Twitter) today.

Anwar said the meeting also discussed the "Facilitation@NCER" initiative to drive and realise investments in the corridor region. "This will involve coordination with the Malaysian Investment Development Authority (MIDA) for ease of access to information, management of investment relationships, adjustment of services and use of the On-Track digital management platform," he added.

The meeting was also attended by the Deputy Prime Minister and Minister of Rural and Regional Development Datuk Seri Dr Ahmad Zahidi Hamidi as well as the relevant Menteri Besar as NCIA council members. - Bernama, March 27, 2024

Related News

Malaysia / 3w

PH banks on Negeri Sembilan development record as campaign heats up

Opinion / 1mth

Why Bersama is not Malaysia’s best hope

Events / 1mth

Penang: CM attends anniversaries of two heritage icons

Malaysia / 2mth

EPF records investment income of RM27.7b, up 51 per cent in Q1

Opinion / 4mth

A civilizational moment for Malaysia: From Al-Attas to Osman Bakar

Malaysia / 6mth

China remains major player in Penang’s services and manufacturing sectors

Spotlight

Malaysia

Sarawak schools told to halt outdoor activities as haze pushes air quality into unhealthy range

World

Indonesia haze forces schools to close as wildfires intensify amid severe dry season

Malaysia

PN walkout over Tabung Haji debate a political misstep, says analyst

By Alfian Z.M. Tahir

Malaysia

51 witnesses to testify at inquest into death of 10-year-old boy found unconscious in school toilet

Malaysia

Female student arrested for allegedly hurting classmate with kerambit at school

World

Colombia quake death toll hits 111 as rescue teams race to find survivors

World

Trump secretly switched to third aircraft in Türkiye over Iran assassination threat

Malaysia

Anwar questions PN’s priorities after Tabung Haji RCI walkout

Malaysia

MACC, police probing TH after RCI findings as govt warns no one will be spared

By Alfian Z.M. Tahir

You may be interested

Business

Port businesses badly hit by uncertainty over commingled oil tax – maritime expert

Business

Appellate Court rejects Ricky Wong’s appeal, upholds RM169.2m asset freeze

Business

Jobless numbers rise despite unemployment rate holding at 3% - DOSM

Business

Oil holds above US$82 as Trump demands cloud Strait of Hormuz reopening