East Coast Region Hits RM6.4B in Investments, Exceeds Target for 2025

Prime Minister Anwar Ibrahim celebrated massive investment wins for Malaysia's East Coast region. The East Coast Economic Region Development Council smashed their money targets during the first six months of 2025. Companies pumped RM6.4 billion into real projects that actually happened. The council also locked down RM10.4 billion worth of future deals. This success created 2,800 brand new jobs for local workers.

Anwar attended a special meeting to check how well the East Coast plans were working. He wants all investment choices to help Malaysia gain better technology and train more skilled people. Eight major projects will finish before 2025 ends. The government aims to make the East Coast a top spot for both local and foreign investors. Council members must keep working hard to attract more business deals.

The Prime Minister also talked about Kota MADANI, a huge housing project worth RM4 billion. This new town will sit right inside Putrajaya and help government workers find homes. Putrajaya Holdings will build 10,000 apartments that can house over 30,000 people. The first construction phase kicks off this September and wraps up during late 2027. Private companies will partner with the government to fund this massive development without draining public money.
 

Attachments

  • East Coast Region Hits RM6.4B in Investments, Exceeds Target for 2025.webp
    East Coast Region Hits RM6.4B in Investments, Exceeds Target for 2025.webp
    51.5 KB · Views: 100

Trending content

Sponsored

Top