Kuala Lumpur, 12 July 2019 – As announced of May this year, Malaysian Investment Development Authority (MIDA) has established the East Coast Rail Link (ECRL) Unit as a dedicate contact point to facilitate and promote the development of the Economic Accelerator Projects (EAP) along wing ECRL corridor.
MIDA has been involved in many awareness programs to give the information on the ECRL such as interview with Bernama News Channel, Malaysia-China Manufacturing Roundtable and Malaysia-China Outlook Forum.
MIDA also signed Memorandum of Understanding (MoU) with China Communication Construction Company Ltd. (CCCC) to assist interested Malaysian companies to cooperate with CCCC in the EAPs.
The EAPs will included the development in the East Cost and West Cost of Peninsular Malaysia. It is also involves the establishments of logistics hubs at transport to promote connectivity and goods under ECrl project, and transit-oriented development (TOD) stations for new development for the growth of industrial parks.
MIDA, through its promotional network, will facilitate the provision of suitable land for project development. Under the MoU, no exclusivity of land is determined or granted to any parties. Land policy is under the purview of the state authorities. Conditions may be imposed by the respective state authorities handling land matters, namely State Land and Mines offices, depending on the category of land being applied for. Land reserved for natives and Bumiputera cannot be owned by foreigners.