MCKIP officially open for business

KUANTAN: With billions of ringgit in investments coming to life after just four months, the highly anticipated Malaysia-China Kuantan Industrial Park (MCKIP) is now officially open for business.

Prime Minister Datuk Seri Najib Tun Razak launched the park yesterday, made possible by Malaysia-China relations being on an “unprecedented high”.

The park in Gebeng here is expected to be fully completed in two years. It has already attracted investment commitments worth RM10.5bil and will create 8,500 jobs.

Naib said it was the first industrial park in Malaysia to be accorded national status which will see it driven by the private sector but guided by the Government.

Chinese People's Political Consultative Conference of the People's Republic of China chairman Jia Qinglin attributed the park a sister project of the China-Malaysia Qinzhou Industrial Park (QIP) to the personal commitment of the two prime ministers and efforts of local governments and businesses of both countries.