Canon Eyes 29% Growth from ECER States

5/30/2009 — BERNAMA
Japanese imaging company, Canon, expects 29 percent growth from the East Coast Economic Region (ECER) states as a measure of its confidence in the region’s economic development.
“The east coast states are beginning to show economic development, reminiscent of the west coast some 20 years ago,” said Canon Marketing Malaysia president/chief executive officer, Liew Sip Chon, in a statement released by ECER secretariat here today.
He said Canon expected Pahang, Terengganu and Kelantan to be the next engine of growth in Peninsular Malaysia.
Canon had earlier announced it expected RM22 million in sales of its products from the east coast states this year.