LATEST NEWS   PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | The achievement comes as Malaysia and Turkmenistan mark 30 years of cooperation in the energy sector, which has been a key pillar of bilateral relations between the two countries -- PMO | 
BUSINESS • 14/11/2024 10:22 PM

Govt Committed To Ensuring Phase One Of KRC Development Completed Within A Year - Rafizi

KUALA LUMPUR, Nov 14 (Bernama) --  The Ministry of Economy is committed to ensuring that phase one of the Kedah Rubber City (KRC) development will be completed within a year, said Economy Minister Rafizi Ramli.

"I am confident that within a year we will be able to successfully complete phase one (of KRC) and it will allow the Ministry of Economy to assess whether we can build or upgrade the road from Padang Terap to Alor Setar," he told Parliament today in wrapping up the debate on the Supply Bill 2025.

In addition, Rafizi said the Ministry of Finance (MoF) is also in the process of developing and implementing a new incentive package for KRC.

He said the ministry was aware that the existing incentive package would expire on Dec 31, 2024 when he chaired the exco meeting of the Northern Corridor Economic Implementation Authority (NCIA) recently.

"The MOF is in the process of developing and implementing a new incentive package but it will be more about location and the focus will be on certain industries," he said.

-- BERNAMA

 

More News

Categories

Tags