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Perak has potential to be good contributor to economy

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Perak’s Potential to Contribute to National Economy

Economic Affairs Minister’s Remarks

Economic Affairs Minister Rafizi Ramli has expressed optimism about Perak’s potential to contribute to the national economy, surpassing other states. He cited several planned projects at the federal and state level as evidence of Perak’s promising prospects.

Planned Projects

The minister highlighted the Lumut Marine Industrial City (LuMIC), Perak Halal Industrial Park (Perak HIP), Silver Valley Technology Park (SVTP), Kerian Integrated Green Industrial Park (KIGIP), and the Automotive High Technology Valley (AHTV) as key projects that will drive economic growth in Perak.

Industry Nodes

Rafizi emphasized that the industry nodes have been strategically set up across the state, covering the north, central, south, and west regions. These nodes have the potential to attract industry clusters and drive economic development.

Workforce Foundation

The minister praised Perak’s strong workforce foundation, which he believes will support the state’s industrial development. He emphasized the importance of collaboration between the state and federal governments to complete the necessary infrastructure to support these nodes.

Comprehensive Industrial Planning

Rafizi stated that Perak has comprehensive industrial planning in place, covering the entire state from north to south and west. He believes that with the right planning and focus, Perak can achieve significant economic growth and become a major contributor to the national economy.

Projection of Growth

The minister projected that in the next two to three years, Perak will be in a better position to contribute to the national economy, surpassing its current ranking as the seventh largest contributor to the national GDP (Gross Domestic Product).

Conclusion

In conclusion, Economic Affairs Minister Rafizi Ramli’s remarks highlight Perak’s potential to contribute significantly to the national economy. With planned projects and comprehensive industrial planning in place, the state is poised for growth and development. The minister’s optimism about Perak’s prospects is a positive sign for the state’s economic future.

FAQs
Q: What are the planned projects in Perak?

A: The planned projects include the Lumut Marine Industrial City (LuMIC), Perak Halal Industrial Park (Perak HIP), Silver Valley Technology Park (SVTP), Kerian Integrated Green Industrial Park (KIGIP), and the Automotive High Technology Valley (AHTV).

Q: Why is Perak’s workforce foundation strong?

A: Perak’s workforce foundation is strong due to its existing talent pool and potential for growth.

Q: What is the projected growth for Perak’s economy?

A: The minister projects that in the next two to three years, Perak will be in a better position to contribute to the national economy, surpassing its current ranking as the seventh largest contributor to the national GDP (Gross Domestic Product).

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