MIDA organised the Invest Series: Unfolding States' Business Potential, which focused on Negeri Sembilan, on 21 February 2020 at MIDA headquarters. The event successfully attracted over 200 participants ranging from business chambers, associations and embassies as well as industry players from the services and manufacturing sectors.
"Malaysia continues to be a preferred investment destination despite the challenging global economic environment. Negeri Sembilan has been one of the recipients of these investments. The close working relationship between the Federal and State Government is key to developing and improving the state's standing in the country," said Mr. Arham Abdul Rahman, Deputy Chief Executive Officer I, MIDA at the event.
Mr. Arham also urged local and foreign companies to participate in the Economic Accelerator Projects (EAPs) along the East Coast Rail Link (ECRL) corridor. MIDA established the East Coast Rail Link (ECRL) team in May 2019 as a dedicated contact point to facilitate and promote the development of the Economic Accelerator Projects (EAP) along the ECRL corridor. The 640-kilometre ECRL project is expected to be completed by December 2026, with the realigned track passing through 20 stations that will span from Kota Bharu (Kelantan) through to Port Klang (Selangor).
The EAPs will include the development of industrial parks in the East Coast and West Coast of Peninsular Malaysia to attract trade and investments along the ECRL corridor.
Also, the State Government encourages more investors to invest in the Negeri Sembilan's new growth area, namely the Malaysia Vision Valley (MVV 2.0). Spanning 153,411 hectares covering districts of Seremban and Port Dickson, the area has been earmarked to be the extension to the Greater Kuala Lumpur conurbation. Located at the south of the Klang Valley, MVV 2.0 is the natural destination and sponge for the spillover impacts of the Klang Valley where developments thrive. The investments in MVV 2.0 need to be in line with the four economic clusters highlighted in the Comprehensive Development Plan (CDP) of MVV 2.0. The State Government will facilitate the whole process with end to end handholding exercise in ensuring the smooth sailing of the investment realisation in the area.