RM7.34 bil investments realised in Kedah, creating over 5,000 jobs in 2022
09 May 2023
A total of RM7.34 billion in investments were realised in Kedah last year, creating 5,365 jobs through high impact investments in the Northern Corridor Economic Region (NCER).
This was achieved through a collaboration between the Northern Corridor Implementation Authority (NCIA) and the Kedah state government.
“NCER’s talent development programmes and industrial park development initiatives are a testament to the region’s commitment to creating quality employment opportunities and promoting innovation and growth in Kedah,” Menteri Besar Datuk Seri Muhammad Sanusi Md. Nor said in a statement after chairing the State Steering Committee meeting here today.
“By investing in the skills and knowledge of our workforce and providing world-class infrastructure and facilities, NCIA is creating an environment that will attract new investments and encourage the growth of high-tech industries in Kedah.
“I am confident that NCER’s efforts in creating a conducive ecosystem by developing talent as well as strategic infrastructure as its industrial parks will have a lasting impact on the region’s economic development, and I look forward to seeing the positive outcomes of these initiatives,” added Sanusi in the statement.
NCIA’s chief executive Mohamad Haris Kader Sultan said NCIA was committed to creating quality employment opportunities for highly skilled workers in Kedah through its talent development programmes such as the NCER Talent Enhancement Programme (NTEP) and the NCER Technology and Innovation Centre (NTIC).
He said for this year, NCIA’s focus would be on realising investments for NCER’s industrial parks in Kedah such as the Kedah Rubber City (KRC) and the Kedah Science Technology Park (KSTP).
“Since their introduction over the years, our talent development programmes such as NTEP and NTIC have been successful in developing the skills of highly-skilled workers in Kedah and creating quality employment opportunities. To date, we have 803 committed participants where 448 of those have been hired,” he said in the statement.
“This year, our focus is on realising investments for NCER’s industrial parks in Kedah, which will further create employment opportunities and drive positive economic growth in Kedah.”
“We believe that investing in talent development and industrial parks is key to driving economic growth and creating quality employment opportunities in Kedah,” added Mohamad Haris.
NCER’s industrial parks in Kedah include KRC and KSTP.
The KRC project is Malaysia’s first ever dedicated rubber eco industrial park, covering an area of 1,244 acres in Padang Terap.
KRC is a high-impact strategic national project by NCER with the aim of stimulating and improving the overall socio-economic development within the area by leveraging on Malaysia’s position as a global leader in the rubber industry.
KSTP in Bukit Kayu Hitam on the other hand, is envisioned to accelerate and increase the comparative advantage of the NCER as a preferred investment destination by attracting high value industries to Kedah.