KRC attracts RM2.1bil investments from industry players


In progress: The Kedah Rubber City project is expected to start operating in the second quarter of next year. — Bernama

PETALING JAYA: The high-impact Kedah Rubber City (KRC) project in Padang Terap has so far attracted potential investments of more than RM2.1bil with more than 5,000 jobs generated by local rubber industry players.

Kedah Mentri Besar Muhammad Sanusi Md Nor said buoyed by the attractive and comprehensive fiscal incentive package, the industry players had given their commitment to be part of the project which is expected to start operating in the second quarter of next year.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Kedah Rubber City , KRC , investments ,

   

Next In Business News

Bank Islam, Solar Voltech ink RM105.2mil solar financing agreement
Yinson Production secures US$1bil investment from consortium of international investment firms
Oriental Kopi IPO oversubscribed by 59.96 times
FBM KLCI finishes 0.58% lower, hitting six-month low
Sunway Property appoints Chung Soo Kiong as new managing director
StanChart forecasts ringgit to strengthen to 4.40 against US dollar by end-2025
China Dec new bank loans rise to 990 bln yuan, beating expectations
Malaysia’s 2025 growth steady at 5.0%, ringgit outlook positive
Dollar drifts near 2-year high as rate-cut bets fade, eyes on tariffs
Malaysia says EU deforestation law presents challenges, opportunities for palm industry

Others Also Read