Investments worth RM41.4bil realised by ECERDC up to March 2024

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KUALA LUMPUR: The East Coast Economic Region Development Council has realised investments totalling RM41.4 billion up to March 2024, or 84 per cent of the RM49 billion target under the ECER Master Plan 2.0 .

"During the same period, ECERDC also achieved RM55.2 billion in committed investments, or 79 per cent of EMP 2.0’s target of RM70 billion,” he posted after chairing the first ECERDC meeting for 2024, which was also attended by the Menteris Besar who sit on the council. He said governance for planning and completing projects through the economic corridor authorities also needs to be refined by the relevant ministries prior to approvals.

Source: News Formal (newsformal.com)

 

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