WORKING TOGETHER: Area to become sister park with mega zone in Qinzhou, China
KUANTAN: THE state capital has been identified as a location to build a sister industrial park with China, Prime Minister Datuk Seri Najib Razak said yesterday.
The move was to reciprocate China's effort to set aside 5,500ha of land in Qinzhou, Nanning, known as the Qinzhou Industrial Park (QIP), for a joint venture between the country and Malaysia.
"Kuantan is seen as the closest point to Nanning and with that, I have requested the state government to prepare a 600ha piece of land for China to set up the sister industrial park here."
Najib announced this during the Santai programme at Taman Gelora here, held in conjunction with the annual event for the wives of Barisan Nasional elected representatives yesterday.
He said the government was carrying out detailed studies on implementing the project and meetings had been held with Chinese investors for the purpose.
"Give us a little bit of time to finalise this. Once this is on, we will be able to see more investments, especially in Kuantan."
Last month, the prime minister witnessed the signing of a memorandum of understanding between 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 over the QIP.
QIP, located 150km from Nanning, is next to the Qinzhou Free Port and the project, which will be developed in three phases, is expected to take 15 years to complete.
Najib said besides boosting industrial growth, the industrial park could also be a tourism site and he had instructed the East Coast Economic Region to develop a waterfront near it.
"Kuantan has potential to attract visitors. In China, Hainan attracts around 25 million people every year and it will be great if we can get 10 per cent of them to visit Malaysia."
Present were Najib's wife, Datin Seri Rosmah Mansor, Deputy Prime Minister Tan Sri Muhyiddin Yassin, Menteri Besar Datuk Seri Adnan Yaakob and cabinet members.