Kertih plastic park set to woo more investments

THE Kertih Plastic Park, developed under the East
Coast Economic Region (ECER), is well positioned to
attract more investments, the Malaysian Plastics
Manufacturers Association (MPMA) said on Tuesday.
MPMA president Lim Kok Boon said this was
because it has been set up as the first and only
specialised industrial park in the country focusing on
the plastics industry.
“This means that both the federal and state
governments are aware of the importance of the plastics industry to
the country’s economy and are seriously looking into developing
further the plastics industry,” he said in a statement.
Lim said a specialised park meant that the government could look
into the specific needs of the plastics industry.
He said at least one of the association members had bought land in
the country’s first plastic park.
Other members, he added, were waiting for the park’s full launch
when the infrastructure facilities are established before making any
further commitments.
According to Lim, the park’s main attraction is its proximity to the
resin production plants in Kertih, Terengganu, and Kuantan, Pahang.
Resin is the main raw material for the plastics industry and proximity
to the source of supply results in substantial savings on transportation
costs.
In addition, plastics manufacturers could leverage on the existing
Eastern Corridor incentives to enhance their competitiveness, Lim
said.