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obmar Site Admin

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Posted: Fri Mar 21, 2008 7:40 am Post subject: News on ECER |
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19-03-2008: KFH plans financing schemes with ECER
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KUALA LUMPUR: Kuwait Finance House (KFH) is working on a master programme which contains several financing initiatives within the East Coast Economic Region (ECER), said its managing director Datuk K Salman Younis.
“KFH is in discussions with Terengganu Inc, the state's investment company and its related companies on financing opportunities with the relevant companies and the ECER Committee.
“We have looked into specific financing opportunities for some of the related companies ranging from infrastructure, oil and gas, shipping, plantation and IT,” he said, adding that KFH is currently involved in financing a flight training school and a garment manufacturer in Kota Bharu.
On plans for retail branches within the ECER, Younis said KFH will evaluate the feasibility of setting up retail branches based on the success of its corporate, investment and commercial business there.
One of the largest Islamic banks in the world, KFH's projects in Malaysia include establishing a fund investing US$330 million (RM1.06 billion) for the Cultural Cluster comprising the Logistics Village, Creative Park and Heritage District covering 620 acres (250.9 hectares) in the Iskandar Development Region.
Other significant projects include financing for developments such as the Glomac Tower, The Avare and The Oval in Kuala Lumpur City Centre; Kuala Lumpur Sentral Sdn Bhd; The One in Penang Cyber City; and the underwriting of the sale of 30 bungalow units in Batu Uban, Penang.
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obmar Site Admin

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obmar Site Admin

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Posted: Tue Nov 24, 2009 4:19 pm Post subject: |
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ECER SECRETARIAT IN PLACE
KUALA LUMPUR, November 16: The Secretariat of the East Coast Economic Region (ECER) has commenced operations and will respond to public and investor queries on matters related to the region and its economic development plan.
The Secretariat is currently based at the PETRONAS Twin Towers in Kuala Lumpur and is operational from 9.00am to 5.00pm, Monday through Friday.
The contact details of the Secretariat are as follows:
ECER Secretariat
Level 50, Tower 1
PETRONAS Twin Towers
50088 KUALA LUMPUR
Tel: 603-2331 0021 or 603-2331 0022
Fax: 603-2331 0020
Email: ECER_Secretariat@petronas.com.my
Members of the public and potential investors are advised to forward their queries to the Secretariat.
The ECER is an economic development corridor designed to raise income levels and improve standards of living for 3.9 million residents in the states of Kelantan, Terengganu, Pahang and Johor state's Mersing district.
Based on a master plan drawn up by PETRONAS, the ECER will see some RM112 billion spent on 227 projects by the year 2020.
These projects, to be implemented on a regional basis, are expected to overcome income inequalities between rural and urban areas, alleviate poverty; balance the growth between Peninsula Malaysia's west and east coasts; build basic infrastructure and optimise the property sector including Malay reserve land.
Tapping into the inherent resources and strengths of each state, the master plan has identified tourism; oil, gas and petrochemical; manufacturing; agriculture and education sectors for economic development.
Issued by
ECER Secretariat
16 November 2007 |
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obmar Site Admin

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obmar Site Admin

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Posted: Tue Nov 24, 2009 4:25 pm Post subject: |
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Expression of Interest to develop, operate and manage the Rompin Integrated Pineapple Plantation
11/19/2009 -- Press Release
ECERDC will publish in the local newspapers notices for invitation to submit their Expression of Interest (EOI) to commercially develop, operate and manage an integrated pineapple plantation project in Rompin, Pahang.
Among the components that will be developed, operated and managed are pineapple nursery farm, pineapple cultivation for commercial sales, operation of collection, packaging & processing centre (CPPC), animal feed production based on pineapple waste, integrated cattle feedlot farming, post harvest training program, product marketing and promotions and contract farming with out-growers.
Companies interested in participating in the project may obtain the EOI document without charge at ECERDC offices as below beginning 24 November 2009.
• ECERDC Kuala Lumpur Office, Level 69, Tower 2, Petronas Twin Towers, 50088 Kuala Lumpur, and
• ECERDC Kelantan State Office, Ground Floor & Mezzanine, Lot 137 & 138, Bangunan Sutera Inn Prima, Jalan Dusun Muda, Off Jalan Bayam, 15200 Kota Bharu, Kelantan.
• ECERDC Terengganu State Office, Ground Floor & 1st Floor, 100B, Jalan Sultan Zainal Abidin, 20000 Kuala Terengganu, Terengganu.
• ECERDC Pahang State Office, B8002, Sri Kuantan Square, Jln Teluk Sisek, 25000 Kuantan, Pahang.
The closing date for the submission of EOI is on or before 12 noon, 24 December 2009. The notices, both in BM and English, can be viewed here.
Any further clarification and information may be sought from ECERDC Secretariat at 03-2035 0021 / 22 or e-mail to secretariat@ecerdc.com.my |
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obmar Site Admin

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Posted: Tue Nov 24, 2009 4:26 pm Post subject: |
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