[NEWS] 11 M'SIAN COMPANIES GIVEN APPROVAL - 3

16 Jul 2013 07:54

Commenting on the meeting, Najib said several matters had been discussed including the development of the Malaysia-China Kuantan Industrial Park (MCKIP) being carried out by all the parties concerned.

He said that a plot of land near the Kuantan Port had been identified while the participation of a major Chinese company as a business partner in handling the Kuantan Port was being negotiated, particularly the cost that would determine the participation of the company.

"The negotiation should be held in the next few days. An additional plot of land near the Kuantan Port is also being allocated," he said.

On the Qinzhou Industrial Park in China, Najib said the Chinese government had given all approvals for the project and it was expected to be implemented as a very important project in the context of bilateral relations between Malaysia and China.

Among other things, the purpose of the meeting was also to speed up the development of the project in Kuantan which had been signed last February between the Prime Minister and the Chinese leader as well as to strengthen bilateral trade between the two countries.

-- BERNAMA

NJ HAZ AO