RM3.5 Billion To Execute Private Sector Projects In Regional Corridors

10/23/2009 — BERNAMA
The government has allocated RM3.5 billion in 2010 to support the implementation of private sector projects in the regional corridors for infrastructure and basic amenities, as well as to implement training programmes and socio-economic projects, said Prime Minister Datuk Seri Najib Tun Razak.
Najib, who is also the Finance Minister said among the projects to be implemented include, the Public Housing project and cleaning of the Sungei Segget in Iskandar Malaysia, the Northern Corridor Economic Region (NCER)Integrated farming project and the Agricultural Entrepreneurs Training Centre.
It also includes the project to widen the Federal road from Kuala Krai-Gua Musang and Kuala Lipis-Raub-Bentong in the East Coast Economic Region (ECER), the Palm Oil Industry Cluster Project in Sandakan and the Keningau Integrated Livestock Centre in the Sabah Development Corridor (SDC) as well as the access road projects for the Murum and Baram dams in the Sarawak Corridor of Renewable Energy (SCORE).
According to Najib, the government launched the five development corridors to narrow economic growth disparities between regions, increase income and ensure an equitable wealth distribution.
In addition, he said the efforts would generate business and job opportunities,while improving the quality of life of the people.
He stated the government would ensure that the regional corridors are developed according to schedule.
To date, he said 126 out of 195 planned projects, are in various stages of implementation.
“Planned investments totalling RM221 billion have exceeded the Ninth Malaysia Plan target of RM145 billion,” he added.