Kuantan Could House Sister Industrial Park With China, Says Najib

By Saturday May 5th, 2012 No Comments

KUANTAN, May 6 (Bernama) — Kuantan has been identified as the suitable location to house a sister industrial park between China and Malaysia, said Prime Minister Datuk Seri Mohd Najib Tun Razak.

He said the move was to reciprocate China’s efforts to keep aside a 55 sq km land in Qinzhou, Nanning as the Qinzhou Industrial Park, a joint venture project between China and Malaysia.

“Kuantan is seen as the closest point Nanning and with that I have requested the state government of Pahang to prepare a 1,500-acre land for China to set up the sister industrial park here,” he said.

Najib said this in his speech during a gathering with the rakyat at Taman Gelora here today, which was also attended by his wife, Datin Seri Rosmah Mansor, Deputy Prime Minister Tan Sri Muhyiddin Yassin, Menteri Besar Pahang Datuk Seri Adnan Yaakob and several ministers.

Najib said the government was carrying out detailed studies on the implementation of the project and have had meetings with investors from China towards that.

“Give us a little bit more time to finalise this and if it eventually realised, we would be able to see a higher level of investments especially in Kuantan.”

Last month, Najib witnessed the signing of a memorandum of understanding by two Malaysian companies, Rimbunan Hijau Group and SP Setia Bhd with two Chinese companies, Chian Guangxi Beibu Gulf International Port Group and Qinzhou Jingu Investment Company in Nanning for the Qinzhou Industrial Park.

Source : Bernama

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