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Saarani: NCIA’s NTIC pivotal in attracting investments into Perak

Saarani: NCIA’s NTIC pivotal in attracting investments into Perak

06 Nov 2023

The Northern Corridor Economic Region Technology and Innovation Centre (NTIC), an initiative spearheaded by the Northern Corridor Implementation Authority (NCIA), played a role in facilitating cooperation between multinational corporations and local companies, especially in attracting investment into Perak, according to Menteri Besar Datuk Seri Saarani Mohamad.

He said the NTIC initiative is vital in ensuring the state government’s success in developing Perak’s business ecosystem and talent pool.

“The initiative from NCIA has succeeded in attracting investments, nurturing local businesses and empowering the community.

“We hope to continue our cooperation with NCIA to continue attracting investments, developing innovation and increasing Perakian’s well-being,” he said in a statement today (November 6).

Earlier, he chaired the Perak State Steering Committee meeting.

Saarani said the NCIA has also collaborated with the state’s Bumiputera Micro, Small and Medium Enterprises (MSME) to continue their growth and competitiveness.

“To stimulate growth among Bumiputera entrepreneurs, NCIA, through the NCER Entrepreneur Fund programme, has benefited 10 companies in Perak with the distribution of more than RM16 million in funding,” he said.

Meanwhile, NCIA chief executive, Mohamad Haris Kader Sultan, said NCIA remained committed to empowering MSMEs to create more quality job opportunities for locals.

“These MSMEs include those from the services, manufacturing and farming sectors.

“NCIA has attracted over RM480 million in direct domestic investments from more than 8,700 local enterprises since 2019,” he said.

He said the NCIA continued to play an essential role in implementing Technical and Vocational Education and Training (TVET) programmes in Perak and to date, 5,333 participants have undergone TVET skills training to equip themselves for the job market.

“We are proud of the progress achieved in Perak but our journey does not end here. NCIA remains dedicated to nurturing economic growth, developing innovation and strengthening the community,” he added. 

Source: Bernama