BFM 89.9

TEL: +603-7733 2900 (studio)
SMS  |  WHATSAPP
Advanced Search 
Close Advanced Search Box
Broadcast Date: 

From:   
To: 
Programme: 
Industry: 

Podcast  >  Morning Run  >  The Breakfast Grille  >  ECERDC To Launch Masterplan 2.0; Sets New RM70 bil Investment Target

ECERDC To Launch Masterplan 2.0; Sets New RM70 bil Investment Target

Datuk Seri Jebasingam Issace John, CEO, East Coast Economic Region Development Council

29-Jan-18 08:05

Brought to you by

ECERDC To Launch Masterplan 2.0; Sets New RM70 bil Investment Target

East Coast Economic Region Development Council (ECERDC) is “ready” to launch its Masterplan 2.0 soon.

“Between 2018-2025, we have set a new target of RM70 billion investment,” ECERDC’s CEO Datuk Seri Jebasingam Issace John tells BFM.

The new investment target will bring the total of investments for ECERDC to RM180 billion in 2025.

Over the last decade, the East Coast region accumulated RM111 billion of private investments up to 2017, a target actually set for 2020.

Manufacturing accounts for about half of investments pumped into the region, followed by tourism and oil & gas.

Moving forward, Issace John says ECERDC’s Masterplan 2.0 will look at productivity, where the region will move to a knowledge based economy from a traditional manufacturing one.

He acknowledges that they have to “gear and prepare” themselves for Industry 4.0.

Issace John also talks about the the implementation of high-impact public infrastructure projects such as the Kuantan Port expansion, East Coast Expressway (Phase 3) and the East Coast Rail Line (ECRL) will play in the East coast.

We ask him the reasons behind the escalating cost of the ECRL.

Is the latest figure of RM55 billion for the ECRL a finalised or moving figure?

BFM also asks him if we are relying too heavily on the Chinese.

Of the foreign direct investments into the East Coast, 30% is from China.

Listen in.


Presented by: Joyce Goh

Tags:  East Coast Economic Region Development CouncilECERDCMalaysia Economic CorridorsEconomic CorridorsIndustrial ParksMalaysia-China Kuantan Industrial ParkPekan Automotive ParkKelantanTerengganuPahangPutrajayaMersingFDIForeign Direct InvestmentInvestmentsKuantan PortEast Coast ExpresswayEast Coast Rail LineECRLChinaAviation, Auto, Transport, LogisticsGovernment/Regulatory/Policy MakingCEO/Business leaders


Business
Money

Share this podcast

Latest Podcasts




Play / Pause

Listen now : Live & Learn: The role of youth, women and religion in development

Today’s Shows



6:00 AM

The 6AM Stretch

7:05 AM

Market Watch

7:15 AM

Morning Brief

8:05 AM

The Breakfast Grille

Cherian Varghese, Regional Managing Director and Vice President of ASEAN & SAGE, Oracle

8:30 AM

Morning Brief

9:00 AM

Opening Bell

9:35 AM

BBC World Service

10:05 AM

OFB

Trinity Kids Malaysia

11:05 AM

HV

Soroptimist International

12:05 PM

Enterprise Biz Bytes

1:00 PM

The Breakfast Grille Repeat

Cherian Varghese, Regional Managing Director and Vice President of ASEAN & SAGE, Oracle

2:05 PM

The Daily Digest

3:05 PM

Live & Learn

The role of youth, women and religion in development

4:05 PM

Health and Living

Be Fit Malaysians #12: Stem Cells for Cartilage Repair

5:05 PM

The Evening Edition

7:30 PM

Skip Intro

8:05 PM

Cruise Control

10:00 PM

The Pulse