2/24/2009 — NST
The economic slowdown is not expected to derail the East Coast Economic Region (ECER) initiative in Pahang as the government has allocated more than RM1 billion to implement infrastructure projects to support the more than RM5.3 billion worth of investments secured.
Menteri Besar Datuk Seri Adnan Yaakob said this yesterday after the inaugural meeting of the state ECER Implementation and Coordination Committee (ICC).
He said 24 of the 45 ECER projects for Pahang got under way last year. Eighteen more will start this year and three will start next year.
The ICC has agreed on a trust fund of RM200 million to help develop Malay reserve land.