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Melaka moving to draw more investments to spur economic growth
by Cals Thu 15 Aug 2013, 18:47
Melaka moving to draw more investments to spur economic growth
Business & Markets 2013
Written by Bernama
Thursday, 15 August 2013 16:58
MELAKA (Aug 15): Melaka, fondly called "The Venice of the East" by the Westerners, is working on ambitious investment plans to continue receiving investments from local and foreign investors, particularly in the automotive, pharmaceuticals and green TECHNOLOGY [] sectors.
Chief Minister Datuk Idris Haron the plan by the Honda company in Japan to increase its investments by three fold will have a huge impact on Melaka.
"When I visited the Honda plant in Japan, I was told the plant will increase its production capacity. Honda's plan will directly or indirectly have a positive impact on its assembling plant in Alor Gajah," he told Bernama.
Idris said Melaka also has the potential to emerge as a "park" for the pharmaceutical industry for the southern region when Malaysian Biotechnology Corp Sdn Bhd developed a pharmaceutical park in Alor Gajah next year.
He said this project will gradually bring in RM1 billion investment
Business & Markets 2013
Written by Bernama
Thursday, 15 August 2013 16:58
MELAKA (Aug 15): Melaka, fondly called "The Venice of the East" by the Westerners, is working on ambitious investment plans to continue receiving investments from local and foreign investors, particularly in the automotive, pharmaceuticals and green TECHNOLOGY [] sectors.
Chief Minister Datuk Idris Haron the plan by the Honda company in Japan to increase its investments by three fold will have a huge impact on Melaka.
"When I visited the Honda plant in Japan, I was told the plant will increase its production capacity. Honda's plan will directly or indirectly have a positive impact on its assembling plant in Alor Gajah," he told Bernama.
Idris said Melaka also has the potential to emerge as a "park" for the pharmaceutical industry for the southern region when Malaysian Biotechnology Corp Sdn Bhd developed a pharmaceutical park in Alor Gajah next year.
He said this project will gradually bring in RM1 billion investment
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