Bernama Online – Chinese Investors To Invest RM4.5 Billion In MCKIP

NANNING, Sept 14 (Bernama) — The East Coast Economic Region Development Council (ECERDC) has secured potential investments of RM4.50 billion from China for the construction of renewable energy and advanced chemical factory in Malaysia-China Kuantan Industrial Park (MCKIP).

Its Chief Executive Officer, Datuk Seri Jebasingam Issace John, said construction of the factory will commence early next year and was slated for completion early 2018.

“The council and the Chinese company are working out the details and will unveil more details soon,” he told reporters at the China-ASEAN Expo 2016 (CAEXPO) here today…..

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