Monday, July 4

ICC supporting 13 projects worth RM7.3 billion so far — Awang Tengah


THE State Industrial Coordination Committee (ICC) has supported 13 projects totalling RM7.3 billion as of April this year.

According to Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan, the projects included Petronas Floating LNG 1 project, cement products, industrial gases, fertilizer and others for manufacturing licences under Industrial Co-ordination Act (ICA) 1975.

He added that for the same period, the state ICC has also approved 14 projects totalling RM94.98 million in non-metallic mineral products (marble and granite, spun concrete piles), food manufacturing, basic metal products (framing system and roof truss) and  woodbased products, among others.

“These investments are expected to generate about 350 employment opportunities in the state,” Awang Tengah, who is also Minister of Industrial and Entrepreneur Development, and Second Minister of Urban Development and Natural Resources said in his winding-up speech yesterday.

He added that last year 52 projects totalling RM129 million had been approved by ICC, mainly  non-metallic mineral products (marble and granite), woodbased products, services (warehouse and storage), chemical and chemical products, basic metal products (metal roofing and wires) and food manufacturing, among others.

He said the investments were expected to generate about 1,100 employment opportunities in the state, adding that the state had managed to attract 13 projects worth RM4.6 billion under ICA last year, the third highest in Malaysia after Johor, (RM26.1 billion) and Selangor (RM7.8 billion).

He also said the RM4.6 billion investments approved were mainly for basic metal products (RM2.4 billion), electronics and electrical products (RM1.61 billion) and chemical and chemicals products (RM529 million).

On the master plan for Tanjung Manis Halal Hub, he said it was completed in March 2015 with emphasis on upstream and downstream agro-based industries, adding that basic infrastructure and government services, including roads, water and electricity supplies, telecommunication, ports, airport, express terminal, school, clinic, mosques, community hall and sports facilities are available.

He, however said the infrastructure for power and water supply would require upgrading to meet industrial needs.