In the ECER SEZ, a special package of fiscal and non-fiscal incentives will be made available in the SEZ Focus Nodes, covering investments in manufacturing, petrochemicals, agro-based processing, tourism, knowledge, education and ICT. These attractive incentives specifically for SEZ Focus Nodes are formulated to spur the investment in what will become a cost-competitive and vibrant investment destination for the investors.
Four Free Zones will be created in the ECER SEZ to promote and concentrate linkages amongst industry clusters which will have significant impact on the economy. The SEZ Free Zone entails Kemaman Port-Free Zone, Kuantan Port City-Free Zone, Kuantan Airport-Free Zone and Tanjung Agas-Free Zone.
In addition, a set of non-fiscal incentives will also be available to encourage investors participation in the ECER SEZ. Prospects to bring in unlimited number of expatriate knowledge workers for key management posts will support the objective of the ECER SEZ in developing and training a skilled workforce among the local population. To encourage the relocation of companies in the SEZ Focus Nodes to spur economic development, competitive utilities tariffs and several other attractive non-fiscal incentives are waiting to be enjoyed. Special non-fiscal incentives are also available to encourage companies to invest in the knowledge-intensive activities.
These attractive set of fiscal and non-fiscal incentives, coupled with improvements in infrastructure, consistent pro-business policies, and a good living and working environment are set to experience a boost in prospective investors flocking to the ECER SEZ.