Prime Minister Datuk Seri Najib Tun Razak has launched the country’s first Special Economic Zone that aims to bring in RM90bil worth of investments and create 220,000 jobs by 2020.
The SEZ, which would cover an area measuring 25km by 140km from Kertih in Terengganu to Gambang and Pekan in Pahang, would attract more investments to the East Coast Economic Region (ECER), he said on Tuesday.
The SEZ will focus on high technology, knowledge based activities and the services sector, and will see the creation of four “free zones” covering two sea ports and two airports in the area, with Kuantan port being the main gateway.
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