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Old September 2nd, 2008, 05:08 AM   #121
rizalhakim
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wow!!!! thx Q Damac....how about Emaar Group????
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Old September 10th, 2008, 09:17 AM   #122
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ECER Woos China Investors
September 10, 2008 14:42 PM

KUALA LUMPUR, Sept 10 (Bernama) -- Some 500 Chinese entrepreneurs from Guangdong province will be briefed on trade and investment prospects in the East Coast Economic Region (ECER) on Friday.

The delegation, comprising high-level government officials, will be briefed in the east coast states of Kelantan, Terengganu, Pahang and Mersing in Johor.

Organised by the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCIM) in conjunction with the 2008 China (Guangdong)-Malaysia Business conference, ECER said the conference will pitch to Guangdong businesses to venture and invest in Malaysia.

"During the conference, the ECER Development Council management will also hold face-to-face business discussions with the delegation and participate in business-matching sessions," ECER said in a statement.

ECER initiative spans over five main industry clusters -- manufacturing; oil, gas and petrochemical; agriculture; tourism and education.

According to China's Commerce Ministry, Chinese companies were venturing overseas to secure raw material supply to feed its fast-growing economy.

"Chinese companies overseas investments stood at US$25.7 billion in the first half of 2008," it said.

Meanwhile, the National Development and Reform Commission of China said Chinese firms invested US$18.7 billion abroad in 2007, up 6.3 percent from a year earlier.

The ECER DC also launched special incentives recently to develop specific business clusters that will stimulate and promote urban and regional economic growth.

"These incentives are tailor-made especially for this region, with the aim of transforming ECER into a cost-competitive and vibrant business hub," ECER added.

-- BERNAMA
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Old September 10th, 2008, 09:03 PM   #123
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Guangdong team to visit ECER
By Hamisah Hamid Published: 2008/09/11
BusinessTimes

A CHINESE trade delegation comprising high-level government officials and over 500 entrepreneurs will visit the East Coast Economic Region (ECER) next week to seek business opportunities.

During the visit, the ECER Development Council will brief the delegation from Guangdong province on trade and investment opportunities in East Coast states of Kelantan, Terengganu, Pahang and Mersing in Johor.

The briefing is one of the initiatives by the Associated Chinese Chambers of Commerce and Industry Malaysia in conjunction with the 2008 China (Guangdong)-Malaysia Business Conference to be held tomorrow.

According to the ECER secretariat, the conference seeks to attract Guangdong businesses to venture and invest in Malaysia.

During the conference, the ECER Development Council management will have a face-to-face discussion with the Chinese delegation as well as participate in business matching sessions.

The ECER initiative spans over five main industry clusters - manufacturing, oil and gas and petrochemical, agriculture, tourism and education.

Overseas investment by Chinese companies amounted to US$25.7 billion (RM89 billion) in the first half of this year. Last year, they invested US$18.7 billion (RM65 billion) , a rise of 6.3 per cent from 2006.

The Chinese government is aggressively encouraging its domestic companies to go abroad to secure raw material supplies to feed the country's fast-growing economy.

Overseas expenditure also helps reduce the excess liquidity in the country's financial system from trade, foreign direct investment and inflow of money from investors betting on gains in the yuan.

As at June 30, China's foreign exchange reserves, the world's largest, rose 36 per cent to US$1.81 trillion (RM6.26 trillion), from the same period last year.
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Old September 11th, 2008, 08:04 AM   #124
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ECER Woos China Investors


KUALA LUMPUR, Sept 10 (Bernama) -- Some 500 Chinese entrepreneurs from Guangdong province will be briefed on trade and investment prospects in the East Coast Economic Region (ECER) on Friday.

The delegation, comprising high-level government officials, will be briefed in the east coast states of Kelantan, Terengganu, Pahang and Mersing in Johor.

Organised by the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCIM) in conjunction with the 2008 China (Guangdong)-Malaysia Business conference, ECER said the conference will pitch to Guangdong businesses to venture and invest in Malaysia.

"During the conference, the ECER Development Council management will also hold face-to-face business discussions with the delegation and participate in business-matching sessions," ECER said in a statement.

ECER initiative spans over five main industry clusters -- manufacturing; oil, gas and petrochemical; agriculture; tourism and education.

According to China's Commerce Ministry, Chinese companies were venturing overseas to secure raw material supply to feed its fast-growing economy.

"Chinese companies overseas investments stood at US$25.7 billion in the first half of 2008," it said.

Meanwhile, the National Development and Reform Commission of China said Chinese firms invested US$18.7 billion abroad in 2007, up 6.3 percent from a year earlier.

The ECER DC also launched special incentives recently to develop specific business clusters that will stimulate and promote urban and regional economic growth.

"These incentives are tailor-made especially for this region, with the aim of transforming ECER into a cost-competitive and vibrant business hub," ECER added.

-- BERNAMA
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Old September 22nd, 2008, 11:55 AM   #125
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Malaysia seen a potential regional herbal hub
Published: 2008/09/22

MALAYSIA has the potential to become a herbal hub in the Asia Pacific region with various strategic initiatives under the East Coast Economic Region (ECER).

The ECER secretariat said the region, which is rich in biodiversity and possesses a strong tradition of herbal medicine, targets to produce 625,000 tonnes of herbs by 2020, a sixfold increase over that of 2005.

In 2005, ECER produced 80,560 tonnes of herbal products worth RM201 million.

The ECER said the estimated value of production would surge to RM1.875 billion by 2020.

“The total area of cultivated land will also rise from 2,014ha to 10,000ha in the same period,” it said in a statement today.

The ECER said to spur development of the herbal industry, its masterplan has identified four areas to be designated as herbal parks.

“The areas include the herbal and biotech product park in Gua Musang, a herbal park in Lanchang, Temerloh, a herbal garden in Raub and a herbal park in Dungun.

“There will be also seven satellite farms of 20 hectares each,” it said. — Bernama
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Old September 23rd, 2008, 06:04 AM   #126
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ECER Targets To Produce Over 600,000 Tonnes Of Herbs By 2020


KUALA LUMPUR, Sept 22 (Bernama) -- Malaysia has the potential to become a herbal hub in the Asia Pacific region with various strategic initiatives under the East Coast Economic Region (ECER).

In a statement here Monday, the ECER secretariat said the region, which was rich in biodiversity and possessed a strong tradition of herbal medicine, targeted to produce 625,000 tonnes of herbs by 2020, a sixfold increase over that of 2005.

In 2005, ECER produced 80,560 tonnes of herbal products worth RM201 million.

The ECER said the estimated value of production would surge to RM1.875 billion by 2020.

"The total area of cultivated land will also rise from 2,014ha to 10,000ha in the same period," it said.

The ECER said to spur development of the herbal industry, its masterplan has identified four areas to be designated as herbal parks for cultivation, processing and manufacturing purposes.

"The areas include the herbal and biotech product park in Gua Musang, a herbal park in Lanchang, Temerloh, herbal garden in Raub and a herbal park in Dungun.

"There will be also seven satellite farms of 20 hectares each," it said.

The secretariat said the strategies for the herbal industry included emphasising on research and development in priority areas such as the production technology of both raw materials and end-products.

"Programmes will also be put in place to domesticate and cultivate valuable species on a large-scale plantation with the use of biotechnology," it said.

-- BERNAMA
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Old September 23rd, 2008, 12:48 PM   #127
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"Kelantan Baloh Negara" Programme Yet To Achieve Objective, Says Mustapa
September 21, 2008 14:49 PM

BACHOK, Sept 21 (Bernama) -- The objective to make Kelantan into the country's second rice bowl has yet to succeed due to lack of commitment by all concerned, Agriculture and Agrobased Industry Minister Datuk Mustapa Mohamed said today.

He said the reason could be that there was never a problem on shortage of rice supply in the country that those concerned, including the relevant agencies, were not serious in making any efforts to increase padi production.

"This is a lesson for everyone not to wait until there is shortage of rice to do something to increase padi production," he told reporters after a visit to the padi farming areas in Kampung Jelutong and Kampung Telaga Ara here, Sunday.

The move to make Kelantan the second rice bowl of Malaysia was part of an effort to make the state into a national food hub under a special programme known as "Kelantan Baloh Negara" which was launched by Prime Minister Datuk Seri Abdullah Ahmad Badawi in Pasir Puteh about three years ago.

On his visit, Mustapa said the main problem facing the padi farmers there was irrigation as the only source of water to the area was from Sungai Jelawat and that he had asked the relevant agencies to look into the matter and overcome the problem.

He said the government had allocated RM800 million for various programmes to address the shortage of rice supply in the country.

-- BERNAMA
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Old September 29th, 2008, 05:43 PM   #128
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Worm fertiliser project to boost agriculture yields in ECER
2008/09/29
BERNAMA

KUALA LUMPUR, MON:

Worm farming for fertilizer projects to boost agriculture yields is being pioneered in the East Coast Economic Region (ECER), starting with the Pahang Farmers Organisation Authority.
Some 1,000 farmers from the Kuantan Farmers Association will be involved with the initial project, ECER said in a statement today.

In addition to increasing yield and enhancing soil quality, ECER said the use of worm fertilizers reduces the need for chemical fertilizers and help growers tap into the growing demand for organic food.

Worms are also a green solution to food waste as they are efficient digesting machines that eat over half their body weight in organic matter daily, leaving behind nutrient rich worm castings (poop) which are completely natural at low cost.

According to ECER, apart from quality yield, worm fertilizer produced by earthworms will increase soil aggregate stability, aeration and reduce erosion.
Its broad base of nutrients adds beneficial organisms, nutrients and minerals sustain healthy plant life and stimulate growth, it added.

Aiza Agro Sdn Bhd, a company breeding and selling worm fertilizers in Pahang, said it has seen more fruit and vegetable farmers making a switch due to worm fertilizers’ potency and lower procurement costs.

“Worm fertilizers cost less than chemical fertilizers as the growers only need a third of the normal amount of chemical fertilizers. Farmers also need to apply fertilizers less frequently,” Aiza Agro managing director Zamsulidayat Ismail said.

He said worm fertilizers cost less at an average of RM3,500 per tonne compared to chemical fertilizers at RM4,000 per tonne, adding that less water is required and plants become more disease-resistant.

Zamsulidayat said the company is planning to open worm farms in Terengganu before year-end.

It has started three worm farms in Kuantan as demand for worm fertilizers is growing and more farmers in East Coast venture into organic farming.
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Old September 29th, 2008, 05:52 PM   #129
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Visitors To Kuala Gandah Elephant Sanctuary Up 34 Pct In 2007, Says ECER
September 29, 2008 16:37 PM

KUALA LUMPUR, Sept 29 (Bernama) -- The National Elephant Conservation Centre in Kuala Gandah has seen a 34 percent increase in visitors in 2007 compared to the previous year.

Earmarked as a wildlife reserve under the East Coast Economic Region (ECER), the centre received a total of 81,017 visitors last year from 60,436 in 2006, ECER said in statement here today.

The centre's elephant unit chief, Nasharuddin Othman, said most of the foreign tourists who visited the elephant sanctuary were from Australia, UK, New Zealand, Japan and Germany.

He said the number of both local and foreign visitors keep increasing every year.

"In 2005, there were 38,863 visitors. This figure rose to 60,436 in 2006. We have attracted a lot of visitors due to the fact that this is the only place in Malaysia where visitors are able to observe closely and understand the handling and management of trans-located Asian elephants," Nasharuddin said.

He said centre offered visitors an enriching lifetime experience by allowing them to participate in daily routines such as riding, feeding and bathing the elephants in the river.

"There are plans under the ECER to include our centre as an eco-tourism destination," he said.

The Kuala Gandah Elephant Sanctuary, located near the Krau Wildlife Reserve, was established in 1985 by the Development of Wildlife and National Parks.

There are currently 12 elephants under their care, including two 70-year-old female elephants named Mek Bunga and Lokimala.

-- BERNAMA
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Old October 3rd, 2008, 10:06 PM   #130
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Kelantan to use China padi husk processing know-how
Published: 2008/10/04
BusinessTimes

KELANTAN aims to use padi husk processing technology from China to boost the animal feed industry in the East Coast Economic Region (ECER).

The Kelantan State Council for Agriculture, Rural Industries and Biotechnology recently met with a team of biotechnology experts from Beijing, Shanghai, Nanking and Technology Risk Management company at an economic exchange conference.

"The research team from China has expressed their interest to invest here as Kelantan is a state with bountiful natural resource and minerals, hence having high potential for the development of biotechnology industry," said Kelantan State Council chairman Che Abdullah Mat Nawi in a statement yesterday.

"China has proposed bringing in technology to process padi husk into animal feed," he said.

Padi husk is a waste by-product of the milling process.

In Malaysia, some 350,000 tonnes of padi husks are produced annually. This figure represents 22 per cent of total padi milled.

According to the Committee's chairman, Che Abdullah Mat Nawi, the conference has provided an opportunity for Kelantan government agencies to gain valuable insight into China's biotechnology development.

"With China's technology for processing padi husk into animal feed, we are confident that the local animal feed industry will see growth.

"This move is also in line with Malaysian Agricultural Research and Development Institute's focus in rice crop related R&D to develop cost-effective, sustainable and environment-friendly production systems, as well as efficient post-harvest handling technologies," said Che Abdullah.

The use of padi husks as animal feed also helps solve some of the environmental problems and simultaneously create an additional source of income for rice farmers.
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Old October 9th, 2008, 01:27 PM   #131
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Over 100 Businessmen To Attend ECER DC Briefing On Trade With Chinese Chamber
October 09, 2008 17:20 PM

KUALA LUMPUR, Oct 9 (Bernama) -- Over 100 businessmen are keen to attend the East Coast Economic Region Development Council (ECER DC) briefing session on trade and investment prospects in ECER states with the Chinese chamber.

The session, covering business networking and business-match meetings, will be held at the Primula Beach Resort in Kuala Terengganu tomorrow.

The 13th Dialogue of the Affiliated Chinese Chamber of Commerce and Industry of Terengganu, Kelantan and Pahang follows several of ECER DCs participation in various incoming trade missions to Kuala Lumpur, most recently from Guangdong, China, and India, said ECER DC in a statement.

It said the ECER DC recently launched special incentives to develop specific business clusters that would stimulate and promote urban and regional economic growth.

"These incentives are tailor-made especially for this region aimed at transforming ECER into a cost competitive and vibrant business hub," it said.

The ECER initiative spans five main industry clusters -- tourism, manufacturing, oil, gas and petrochemical, agriculture and education.

It aims to achieve RM112 billion investments for the initiatives by 2020 to improve income levels and enhance the regions socio-economic standing.

-- BERNAMA
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Old October 13th, 2008, 11:18 AM   #132
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100 usahawan tinjau peluang perniagaan di ECER



MAJLIS Pembangunan Wilayah Ekonomi Pantai Timur (ECER DC) memberi taklimat kepada Dewan Perniagaan Cina pada 10 Oktober lalu, mengenai peluang perniagaan dan pelaburan di negeri ECER.

Dialog Ke-13 Gabungan Dewan Perniagaan Cina dan Industri dari Terengganu, Kelantan dan Pahang adalah penyertaan terbaru ECER DC dalam pelbagai misi perdagangan ke Kuala Lumpur selepas menerima kedatangan delegasi Guangdong, China dan India, baru-baru ini.

“Ia menarik minat 100 ahli perniagaan, sesi dengan Dewan Perniagaan China termasuk rangkaian perniagaan dan mesyuarat padanan yang diadakan di Primula Beach Resort.

“Inisiatif Wilayah Ekonomi Pantai Timur meliputi lima kelompok industri utama – pembuatan; minyak, gas dan petrokimia; pertanian, pelancongan dan pendidikan,” katanya dalam satu kenyataan di Kuala Lumpur.

Ia bermatlamat mencapai pelaburan RM112 bilion bagi kelima-lima inisiatif tersebut menjelang 2020 bagi memperbaiki tahap pendapatan dan meningkatkan kedudukan sosioekonomi wilayah tersebut.


Majlis Pembangunan ECER sebelum ini turut melancarkan insentif khas untuk membangunkan kelompok perniagaan spesifik yang akan merangsang dan mempromosikan pertumbuhan ekonomi bandar dan rantau.

Insentif itu direka khas untuk wilayah itu dengan matlamat mengubah ECER menjadi hab perniagaan dan dengan kos kompetitif.
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Old October 14th, 2008, 01:16 PM   #133
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GOVT ALLOCATES RM30 MLN TO ECER DEVELOPMENT COUNCIL TO IMPLEMENT 78 PROJECTS

KUALA LUMPUR, Oct 14 (Bernama) -- The Government has allocated RM30 million to the East Coast Economic Region Development Council (ECERDC) to carry out 78 projects this year, Minister in the Prime Minister's Department Senator Tan Sri Amirsham A. Aziz said.

Under the Mid-Term Review of the Ninth Malaysia Plan, 106 programmes and projects would be implemented in the ECER, he said.

"Several programmes and projects have already been started, specifically those involving basic infrastructure facilities required to attract private sector investments into ECER," he said in reply to a question from Datuk Kamarudin Jaafar (PAS-Tumpat) at the Dewan Rakyat here today.

Among the initiatives already taken include the study on setting up the site and basic infrastructure for Kertih's Plastic Industry Cluster Project, study on the Gambang Halal Products Industrial Park, detailed study on the implementation of the Dairy Cluster Production and Processing Project, and the Kelantan Selatan Development Authority's Agropoliton Project in Gua Musang and the Kenaf Industry project in Bachok, Kelantan.

Amirsham said the kenaf industry project is expected to bring gains to 27 local farmers and this is expected to be expanded to Pasir Puteh, Pengkalan Chepa and Setiu involving more participants.

The agropolitan project in Kelantan, Terengganu and Pahang meanwhile aims to reduce the poverty rate among local residents and benefit some 3,500 participants.

"The programmes or projects which have been implemented will bring about great deal of benefits to the local residents particularly in terms of income, and also raise the quality of living," Amirsham said.

-- BERNAMA
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Old October 16th, 2008, 02:51 AM   #134
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RM30m allocated for ECER this year
by Sharon Tan, 15 Oct 2008 12:53 PM
THEEDGEDAILY

KUALA LUMPUR: Some RM30 million has been allocated for the implementation of East Coast Economic Region (ECER) projects this year, and 78 out of the 106 programmes identified for the zone under the Ninth Malaysia Plan Mid-Term Review are on track to take off this year.

Minister in the Prime Minister’s Department Senator Tan Sri Amirsham A Aziz told Parliament that a few of the projects, especially those which provide the basic infrastructure to attract investments, are being rolled out. They include the Gambang Industrial Park, Kertih Plastic Industry Cluster Project and Kenaf Industry in Bachok.

Amirshan said the projects would bring benefits to the locals and help elevate poverty.

“The government believes that with many jobs and business opportunities created through the programmes and projects, the people’s income and quality of life would improve,” he said.

Petronas plans to build a supply base in Kelantan to facilitate the extraction of oil and gas offshore, Amirsham said. The national oil corporation is in the process of getting investors into the region, including some from the chemical industry.

He said that RM141.9 million has been committed by various companies, including Petronas, which will launch its Polymer Technology Centre at a cost of RM50 million.
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Old October 30th, 2008, 11:33 AM   #135
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ECER tuan rumah ekuestrian
Oleh Hanneeyzah Bariah Baharin
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Pertunjukan kuda kebangsaan akan diadakan di Terengganu mulai esok

KUALA TERENGGANU: Wilayah Ekonomi Pantai Timur (ECER) akan menjadi tuan rumah kepada acara ekuestrian terbesar apabila Terengganu Equestrian Resort buat julung kalinya menjadi lokasi penganjuran Pertunjukan Kuda Kebangsaan 2008 (PKK08) bermula 31 Oktober hingga 2 November ini.

Timbalan Pengerusi Jawatankuasa Tertinggi PKK08, Che Mat Din Ismail, berkata acara berskala besar yang pertama kali diadakan di Pantai Timur di bawah pelan induk ECER itu bertujuan menarik kedatangan pelancongan ke wilayah berkenaan.



Beliau berkata, PKK08 adalah salah satu acara ekuestrian menjelang Kejohanan Endurance Dunia Persekutuan Ekuestrian Antarabangsa 2008 di mana tujuh daripada penunggang kuda terbaik dunia, termasuk Yang di-Pertuan Agong, Tuanku Mizan Zainal Abidin dijangka bertanding bermula 6 hingga 9 November ini.

"Pertunjukan kuda ini berjaya menarik penyertaan dari kelab ekuestrian tempatan serta dari Brunei, Indonesia, Singapura dan Thailand. Acara ini juga antara lain bagi mempromosikan sukan ekuestrian di Malaysia, serta menggalakkan dan mempopularkan aktiviti menunggang kuda sebagai satu aktiviti sukan yang sihat.

"Sejak 14 tahun lalu, pertunjukan kuda membabitkan pengikut yang ramai. Jumlah pengunjung setiap tahun ialah antara 10,000 ke 15,000 dan tahun ini kita menjangka kehadiran pelancong meningkat sehingga 30,000 dan masuk ke pertunjukan ini adalah percuma," katanya dalam satu kenyataan di sini, semalam.

Beliau berkata, PKK08 juga akan mempamerkan cabaran menunggang kuda padi, pameran perdagangan dan karnival kuda yang dinamakan 'Kuda Sokmo' yang menyediakan aktiviti menunggang kereta kuda dan kuda padi, mencari harta karun serta permainan dan persembahan untuk keluarga dan kanak-kanak.

Katanya, antara tarikan menarik lain ialah pertandingan menunggang kuda lasak sejauh 40 kilometer (km) dan 80km di trek Marang pada 1 dan 2 November, pameran lebih daripada 20 baka kuda miniatur, pameran koleksi kereta kuda yang diperbuat daripada kaca dari Australia dan kereta kuda kurun ke-18 digunakan untuk membawa surat dan duit.

"Pengunjung juga berpeluang menyaksikan pertandingan 'Asian Regional Farriery' kali ketujuh di mana peserta dari Brunei, China, Doha, Hong Kong, Jepun, Indonesia, Korea, Macau, Filipina, Singapura, Thailand dan Turki akan menunjukkan kemahiran memasang ladam kuda yang direka sendiri," katanya.
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Old November 20th, 2008, 04:38 AM   #136
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Pahang being transformed by ECER projects
By NIK NAIZI HUSIN


KUANTAN: The East Coast Economic Region (ECER) development masterplan which involves the states of Pahang, Terengganu, Kelantan and parts of Johor (Mersing) will transform Pahang into a rapidly-developing region when the projects take off.

Mentri Besar Datuk Seri Adnan Yaakob said more local and foreign investments were expected to come in, which augured well for the development of Pahang and the other east coast states.


Adnan said that vast developments in the state would take shape with support from the Government, which practised a pro-business approach in administration.

He said this practice was combined with a people-friendly and business-friendly philosophy of governing which had proven successful.

“Since 1987, the value of investments in the state stood at RM24.88bil, or about RM2bil a year.

“From January to July this year, the Malaysian Industrial Development Authority approved 17 projects with investment value of RM700mil,” Adnan said in his speech during an investor appreciation dinner at the Sultan Ahmad Shah silver jubilee hall here recently.

The text of his speech was read by the state exco member in charge of the Agriculture, Agro-based Industries and Felda Affairs Committee, Datuk Mohd Tan Aminuddin Ishak.

Also present were Pahang State Development Corporation chief executive Datuk Lias Mohd Noor and Lynas Malaysia Sdn Bhd executive chairman Nicholas Curtis, who represented the Pahang investors.

Adnan said the corporation had converted 3,200ha into industrial areas offering good infrastructure to investors in the state.

“There are complaints on the quality of the infrastructure, however, we pledged to continuously upgrade facilities such as uninterrupted supply of water and electricity,” he said.

Adnan said the state would not rest on its laurels despite its achievements in the industrial sector.

“There is much to be done and we will continue to ensure Pahang remains a haven for investors, both local and foreign,” he said.

He said the state recently approved 418.77ha in Gambang to be developed into a techno park embodied by Bio-Technology Park (Pahang Science Park) and Pahang Cyber Park.

Adnan said that adjacent to the parks was 14.2ha for development into the Pahang Halal Complex.

During the dinner, 11 companies staged performances in a competition to show their support and appreciation for the state.

Nippon Precision Technology (M) Sdn Bhd was the winner followed by Polyplastic Asia Pacific Sdn Bhd and Kaneka (M) Sdn Bhd.
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Old November 21st, 2008, 04:33 PM   #137
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Hi-Essence ups investment in ECER to RM85m
21-11-2008:

KERTIH (Terengganu): Plastics wire and cable manufacturer Hi-Essence Cable Sdn Bhd has upped its investment in the Kertih Plastics Park (KPP) to RM85 million.

The KPP, a project under the East Coast Economic Region (ECER) master plan, is the country's first fully integrated plastics hub. Hi-Essence had announced in April that it would be investing RM50 million in KPP.

"We have expanded our product range to be manufactured from the Kertih plant, which will cover all the requirements of the oil and gas industry," said Hi-Essence Cable managing director Mohamed Nor Abu Bakar in a statement on Nov 21.

"In addition, we will also be expanding our lab facilities for product testing and certification. The plant will start production some time in Q2 2009. The physical construction of the factory is near completion and all the machine and testing equipment will arrive at the factory by Q1 2009," he said.

The additional investment is also attributed to the increasing cost and foreign exchange rate in procuring the machine and setting up the facilities.

Hi-Essence Cable’s choice of KPP is due to the "attractive price of land" and its proximity to Petroliam Nasional Bhd's (Petronas's) Kertih Integrated Petrochemical Complex (KIPC), which provides access to feedstock, warehousing and logistics services.

Hi-Essence said it was currently working with Petronas Polymer Technology Centre (PPTC), to identify opportunities for development of polymer resins and product applications in wire & cable. The collaboration will help develop these products locally in the future, as they are currently sourced overseas.

PPTC is a world class research & development (R&D) and technology centre, which has been proposed in KPP to carry out R&D for plastics application, participate in joint venture projects with manufacturers and end users. It will also offer technical services including product testing, technology development and training.

"Hi-Essence’s projected earnings is expected to be in the region of RM50 million to RM80 million per annum, in this current economic climate," said Mohamed Nor.

"The plant and infrastructure will be financed through internal funds as well as loans from commercial banks."

Meanwhile, the ECER Secretariat said KPP was expected to draw investments of about RM2 billion, creating new job opportunities for about 7,000 people in the manufacturing, support and ancillary services.

KPP is aimed at adding value to the national hydrocarbon resources by moving up the product value chain and expanding downstream activities in the petrochemical industry into plastics and plastics-related industries. Other than enhancing the competitiveness of Malaysia’s plastics industry, it provides a focused development to cater to the needs of the plastics industry.

Developed on 140-hectares known as Lot Q next to KIPC, the KPP is expected to spur the development of other sectors such as construction, medical appliances, food packaging and automotive as well as encourage the development of local small and medium scale enterprises, which will feed off the critical mass at KPP.

The ECER Secretariat said Malaysia was already one of the largest plastic producers in the Asian region. Malaysia's plastics industry registered a growth of 8.3% in the first half of 2008 with a turnover of RM7.96 billion compared to the same period in the previous year.
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Old December 2nd, 2008, 08:59 AM   #138
rizalhakim
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PM mahu projek ECER dipercepatkan
02/12/2008 12:47pm


KEMAMAN 2 Dis. — Datuk Seri Abdullah Ahmad Badawi mahu projek berkaitan pembangunan Wilayah Ekonomi Pantai Timur (ECER) digerakkan dengan lebih pantas lagi.

Perdana Menteri berkata, kerjasama antara sektor awam, swasta dan institusi kewangan penting bagi memastikan perancangan projek berkaitan ECER direalisasikan lebih pantas demi kebaikan menyeluruh untuk rakyat.

“Berikan perhatian kepada peluang-peluang yang ada, apakah program yang boleh dilaksanakan, pendekatan yang perlu diambil dan infrastruktur apa yang perlu dibina bagi memajukan sektor agropolitan, teknologi, pelancongan dan pembangunan potensi maritim,” katanya ketika berucap merasmikan seminar ECER yang bertemakan Merealisasikan ECER - Komitmen Bersama di sini hari ini.

Turut hadir ialah Menteri Besar Terengganu Datuk Ahmad Said, Menteri Besar Pahang Datuk Seri Adnan Yaakob, wakil Menteri Besar Kelantan, Datuk Husam Musa, Menteri Penerangan, Datuk Ahmad Shabery Cheek dan Ketua Setiausaha Negara, Tan Sri Mohd. Sidek Hassan.

Perdana Menteri berkata, selain memberi tumpuan sektor berkenaan dan sub sektor berkaitan, sumber baru atau potensi lain yang sedia ada juga perlu dilihat dan dimajukan. - Bernama
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Old December 2nd, 2008, 09:30 AM   #139
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Latenfield laburRM40 juta dalam Taman Plastik ECER

KUALA LUMPUR 1 Dis. - Latenfield Pipe Industries Sdn. Bhd. merancang melabur RM40.23 juta bagi membina kilang pembuatan paip pertamanya di taman plastik negara yang pertama seumpamanya di Kertih.

Rancangan itu merupakan susulan dari pengumuman pelaburan RM85 juta oleh Hi-Essence Sdn. Bhd. pada April lalu bagi membina kilang kabel dan wayar plastik, kata Wilayah Ekonomi Pantai Timur (ECER) dalam satu kenyataan di sini hari ini.

Taman Plastik Kertih (KPP) dibina di bawah pelan induk ECER bagi membangunkan industri petrokimia hiliran.

Latenfield yang terletak di kawasan seluas 1.9 hektar di dalam pusat plastik, akan menghasilkan Polivinil Klorida Yang Diolah (MPVC), kerana tahap kemuluran dan kekuatan yang tinggi.

Pengarah Urusannya, Chong Chow Yee berkata, syarikat tersebut berhasrat menembusi industri pertanian, retikulasi air dan kumbahan, perlombongan dan pengkabelan dan pemasangan paip dalaman dengan paip MPVC yang dihasilkan di kilang barunya.

"Latenfield yakin dengan kemampuan mencatat unjuran jualan tahunan RM40 juta apabila kilang baru tersebut mula beroperasi dalam tempoh dua tahun lagi," katanya.

Chong berkata, paip MPVC adalah berkualiti tinggi dan permintaan terhadapnya dijangka datang dari negara-negara Asia Tenggara.

"Kami juga akan menghasilkan satu rangkaian paip berdasarkan pengilang peralatan tulen (OEM)," kata Chong, yang turut mengetuai EPMS Networking (K.Trg) Sdn. Bhd., EPMS Home Titivation (Ktn) Sdn. Bhd. dan EPMS Construction Sdn. Bhd.

EPMS menjual paip berkualiti tinggi, tangki dan pemasangan yang digunakan secara meluas di dalam bidang pembinaan.

MPVC merupakan bahan yang diterima secara meluas di negara-negara maju seperti Australia dan New Zealand untuk aplikasi paip tekanan.

Ia dihasilkan dengan menggabungkan bahan resin PVC dengan bahan pengubah kandungan polimer, yang menghasilkan gabungan ciri-ciri ketahanan dan kekuatan yang baik kepada bahan tersebut.

Di KPP, Latenfield akan berkerja sama dengan Vinyl Chloride (M) Sdn. Bhd., iaitu anak syarikat Petronas.

Vinyl Chloride akan membekalkan kompaun MPVC kepada Latenfield dan menyediakan sokongan teknikal terhadap pembuatan dan aplikasi paip MPVC.

Oleh kerana ia hampir dengan sumber utama resin polimer, tapak KPP akan menyediakan akses berkesan kepada syarikat-syarikat plastik dan sumber bahan mentah tepat pada masa, memberikan syarikat-syarikat tersebut penjimatan yang berpatutan dari segi kos logistik dan gudang.

Taman plastik bersepadu pertama negara itu dijangka menarik pelaburan swasta RM2 bilion dan mewujudkan peluang pekerjaan lebih 7,000 dalam aktiviti pengeluaran dan perkhidmatan sokongan dan berkaitan.
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Old December 2nd, 2008, 09:35 AM   #140
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More investors for Kertih Plastics Park
By EILEEN HEE


The three potential firms include one from Australia

KUALA LUMPUR: Three potential investors are expected to come on board the Kertih Plastics Park (KPP) next year.

The investors comprised both local and foregin companies, including one from Australia, said East Coast Economic Region (ECER) development council chief executive officer Datuk Jebasingam Issace John.

“The companies are from the various polymer sectors,” he told StarBiz yesterday.

KPP has already attracted three investors: Hi Essence Cable Sdn Bhd, a manufacturer of cables and wires with a proposed investment of RM85mil; pipe maker Latenfield Pipe Industries Sdn Bhd (RM40mil); and FMD Polypipes Industry Sdn Bhd, a producer of heavy duty bags and pipes (RM20mil).

They would be having joint ventures with foreign companies and were expected to ink some deals today, he said.

“It is still early days yet for KPP,” he said, adding that interest was gaining traction.

Its proximity to the Kertih Integrated Petrochemical Complex (KIPC) and the new Petronas Polymer Technology Centre offered multiple advantages, he said.

The KPP is set to become the country’s first fully integrated plastics hub and the third in the Asian region.

It will be launched by Prime Minister Datuk Seri Abdullah Ahmad Badawi today.

KPP would be an economic cluster supporting the plastics and plastics-related manufacturing activities and offer the opportunity for small and medium enterprises to locate their manufacturing facilities where they would have access to a wide range of plastic resins for raw materials.

“Because KPP is close to the main source of polymer resins, it will provide plastics companies access to reliable and just-in-time feedstock supply, which translates into savings, logistics and warehousing costs,” he said.

A project under the ECER developement master plan, KPP is anticipated to draw investments of some RM2bil and generate jobs for 7,000 people and to have a multiplier effect on employment.

“For every direct job, there is a potential requirement for 2.5 indirect jobs in the form of support and ancillary services,” John said.

The 140ha KPP site is next to the existing KIPC within the Petronas Petroleum Industry Complex. It is also close to the facilities in the Kertih-Chukai-Gebeng petrochemical hub.

“Feedstock can also be sourced from the Gebeng Integrated Petrochemical Complex or imported through Kuantan Port,” he said.

He added that there were well-established supply chain services such as warehousing and logistics services for other imported raw materials and finished products for other markets.

“KPP is adjacent to Kertih Port (for liquid cargoes) and Kertih Terminal (for dry and bulk cargoes) for centralised tankage, and connected to the Kuantan Port via the Kertih-Kuantan railway system,” John said.

KPP is also centrally located between Europe and Asia, making it an ideal plastics hub. The other two regional plastics parks are in India and Abu Dhabi.

“In challenging economic times, many international companies will seek out a lower cost base or attractive incentives. KPP meets these requirements,” John said.

On Petroliam Nasional Bhd’s (Petronas) commitment to KPP, he said Petronas had laid the neccesary foundation and invested RM70bil to build the oil, gas and petrochemical-related facilities.

“It has taken Petronas 35 years to develop Kertih,” he said, adding that KPP was expected to be fully operational by 2015.
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