Invest in NCER
Invest in NCER
Invest in NCER
Under NCERโs Strategic Development Plan (2021-2025), efforts will be channeled towards the following six priority sectors to spur the growth of high-value industries that will provide businesses the greatest chance for expansion and success:
The manufacturing sector in NCER has experienced steady growth since its inception, contributing up to 22% of Malaysiaโs manufacturing GDP.
Agribusiness is key to the national food security agenda and is the third largest contributor to NCERโs economy, making up 9.2% of the regionโs GDP and contributing RM19.7 billion to Malaysiaโs GDP in 2018.
The services sector plays a major role in the growth and development of NCERโs economy.ย
Tourism, Logistics & Connectivity, Digital Economy and Education are expected to boost NCERโs gross domestic product (GDP), as the region moves towards achieving a world-class economic region status.
Like the rest of the world, NCER is going green and plans to establish a green economic zone by leveraging the regionโs natural resources.
Petrochemical is a high potential sector in NCER, as the region has an abundant feedstockย supply of natural gas. This significant industry creates downstream products to be supplied to other industries such as manufacturing, ranging from automotive to electronics, and textiles to pharmaceuticals.
Mining is an economic sector with a long history in the region, dating back over 100 years. Moving forward, efforts will be channelled to ensure that mining activities are carried out in a sustainable manner throughout NCER.ย