Terengganu’s investment surge: East Coast Economic Region Development Council locks in RM3.1b, eyes RM4.2b target for 2024

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East Coast Economic Region Development Council ECE News

Terengganu,Investments

KUALA LUMPUR, Oct 4 — The East Coast Economic Region Development Council (ECERDC) has realised investments totalling RM3.1 billion in Terengganu, 98 per cent of which is in the...

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Singapore’s Hotel Properties Limited halts trading as Malaysian tycoon Ong Beng Seng set to face court today linked to Iswaran scandalKuala Terengganu city centre. The East Coast Economic Region Development Council has realised investments totalling RM3.1 billion in Terengganu, 98 per cent of which is in the manufacturing sector and the balance in the tourism sector. — Picture from ecerdc.com.

As of August 2024, ECERDC is working to realise another RM12 billion in potential investments, with RM5 billion facilitated by the Malaysian Investment Development Authority . “Initiatives like the Economic Accelerator Project play a strategic role in connecting ministries, agencies, and the private sector, creating a strong economic ecosystem.

 

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