Home > Overseas Investment News > Malacca Eyes RM30bil Investments From China
Malacca Eyes RM30bil Investments From China
2016-09-30
Brief:Malacca is targeting to draw RM30bil in investments from China over the next 15 years, supported by a charter flight service from Guangdong to the state.
State Tourism committee deputy chairman Datuk Ghazale Muhamad carries the Malacca
flag down while disembarking from the China Southern Airlines aircraft.
 
Malacca is targeting to draw RM30bil in investments from China over the next 15 years, supported by a charter flight service from Guangdong to the state, said Chief Minister Datuk Seri Idris Haron.
 
“The investments are expected to flow into various sectors, particularly deep-sea fishing port development, reclamation land utilisation, as well as accommodation, hotels and a regional trade centre development projects,” he told reporters in Malacca on Thursday.
 
Earlier, he welcomed the arrival of an inaugural direct flight carrying 129 passengers from Guangdong to Malacca. 
 
Also present were Minister in the Prime Minister’s Department Datuk Seri Dr Wee Ka Siong and Chinese Ambassador to Malaysia Dr Huang Huikang.
 
Idris said currently, a 300-room hotel was being built with an investment of RM300mil from China.
 
He also said Malacca was expected to receive three million visitors from the republic within a one-year period, beginning on Thursday.
 
“For the first six months of this year, we have received 653,363 tourists from China who arrived via land roads from Singapore and Kuala Lumpur.
 
“On top of that, all tickets for the next 24 chartered flights scheduled until Jan 3, 2017, have been booked,” said Idris.
 
He said the state government was currently negotiating with relevant parties to make the charter flight service as a regular scheduled flight service.
 
“We have been talking about making it a daily scheduled flight over the past six months,” he said. 
 
Idris said the charter flight service was a stepping stone to establish Malacca as a regional hub for domestic and international routes. 

The Star Online

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