Beruflich Dokumente
Kultur Dokumente
Muara North and Muara South: Embracing Growth as the New Urban Centre
of Kuala Terengganu
Three Major Catalysts to Drive KTCC
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Getting There
Well-Connected, Global Access
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Investment Opportunities
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Other Incentives
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Contact Us
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The East Coast Economic Region (ECER), covering the states of Kelantan, Terengganu,
Pahang and the district of Mersing in Johor, is now poised to become a dynamic region in
South East Asia by offering various opportunities to manufacturers and investors.
Strategically located in the east coast of Peninsular Malaysia, the ECER has the potential
to become the main gateway for trade and industry within the Asia Pacific region, which
commands a total population of about 2 billion people.
The vision and mission that will guide the transformation of the ECER into a developed Region
by 2020 is defined by three main characteristics distinctive, dynamic and competitive.
The distinctiveness of the ECER is portrayed through its natural beauty, abundant resources,
unique culture and heritage known throughout the world. To maintain this characteristic, a
balanced and sustainable development is emphasised.
The dynamism of the ECER reflects the potential for the Region to grow and develop at
a faster pace through innovation and a shift in economic orientation, structure, technology
and mindset. The competitiveness of the ECER lies in its ability to attract local and foreign
direct investments.
Scope of ECER
Land Area
Total Population
Total Initiatives
Total Investment
Key Clusters
Mission
Key Clusters
Key Enablers
Tourism
Oil, Gas & Petrochemical
Manufacturing
Agriculture
Education
To accelerate the growth and development of the ECER, a special vehicle has been established
through the East Coast Economic Region Development Council (ECERDC).
Key Enablers
The ECERDC plays a leading role in promoting and stimulating economic and social development
as well as private sector investment in the Region. The Council acts as the one-stop centre to fast
track investment applications and approvals.
It provides counselling, advisory services and processes tax incentives and non-tax incentives for
projects. To meet the varying needs of investors, the ECERDC also customises incentives on merit
basis to be recommended for approval by the National Committee on Investment (NCI).
2020
GDP Growth Rate
8.5%
GDP
RM 65,930 million
RM 13,510
Population
4.88 million
Source: Strategic Framework for the ECER SEZ
Setiu
Kuala Terengganu
KELANTAN
Hulu Terengganu
Marang
TERENGGANU
Dungun
Kemaman
PAHANG
TERENGGANU
Dungun
The development of KTCC will strengthen the image of Kuala Terengganu as a lively Heritage
Waterfront City (Bandaraya Warisan Pesisir Air) consistent with the vision set forth by the
State Government.
Kemaman
Besut
PAHANG
Setiu
Kuala Terengganu
KELANTAN
Hulu Terengganu
Marang
TERENGGANU
Dungun
Batu Rakit
Kuala Terengganu
City Centre
A Royal Township
A Waterfront Destination
A Hub for Meetings, Incentives,
Conventions, Exhibitions (MICE)
In terms of land development, KTCC covers an estimated area of 8,000 hectares within the
Kuala Terengganu district.
Kuala Nerus
Kemaman
PAHANG
Kuala Terengganu will remain as the main administrative, commercial, trade, tourism and
education centre. Additionally, it will have a free zone at the airport which will also serve as the
main tourism gateway for ECER.
Five Key Development Areas (KDAs) have been identified in KTCC as catalyst developments that
will spark the growth of the whole development area:
Belara
Manir
Gelugur
Kedai
Serada
Cenering
Pengadang
Buluh
Heritage Island
Corniche Waterfront Corridor
Ready for immediate development are Muara North and Muara South. They have been fully
reclaimed by the state and are free of encumbrances. The land areas of Muara North and Muara
South is approximately 140 acres and 40 acres respectively.
Batu Rakit
Kuala Terengganu
City Centre
Muara North and Muara South represent two arms that embrace and nurture the growth that
distinguishes a new era of prosperity for Kuala Terengganu.
Muara North
The area where Sungai Terengganu meets the sea has now been fully reclaimed and offers
investors vast opportunities to shape the extended city of Kuala Terengganu.
The development in Muara South will flow naturally as an extension to Kuala Terengganu itself and
will flourish as the citys immediate active commercial waterfront address.
Muara North is positioned as the new gateway to the city, opening up new avenues to establish
a variety of development components covering tourism, commerce, business, education
and entertainment.
Muara South
To connect Muara North across Sungai Terengganu to Muara South, an iconic drawbridge will be
constructed, creating a distinctive landmark that will establish a seamless connection between the
northern and southern parts of Kuala Terengganu.
There is ample room for future development as investors see the potential to introduce supporting
services to cater to the needs of residents and visitors who will be drawn by the vibrant growth of
Kuala Terengganu.
In summary, the three catalysts will stimulate development in the Recreation & Entertainment;
Retail; Residential and Commercial & Business sectors.
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KTCCs first integrated family leisure destination within the waterfront living enclave will
feature wholesome family entertainment for residents and visitors. There will be a wide
range of fashion retail outlets, F&B chains, recreational activities and lifestyle attractions for
investors and operators to develop to their fullest potential.
Anchoring this growth for the mid- and long-term, will be the unique waterfront character of
KTCC, a premium attraction for the city dwellers of Kuala Terengganu and the larger market
of Peninsular Malaysia, which will include a huge volume of tourists who arrive throughout
the year.
The growth of the enclave will leverage on a number of advantages the growing incomes of
residents attracted to KTCC, their aspirations to rise to a higher quality of life, the increasing
numbers of tourists, Terengganus track record for holding successful annual events, and the
countrys reputation as a shopping haven, among others.
Overall, KTCC will come to define a new concept of living in the East Coast vibrant and
modern, yet holistic and in touch with nature.
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Muara North and Muara South are extensions that echo the natural coastal attraction of Kuala
Terengganu itself. The captivating estuary of Sungai Terengganu, beautiful at any time of day
and night, provide further inspiration to the population of students and academia, ranging
from undergraduates to those pursuing postgraduate degrees like Masters and Doctorates.
KTCCs Learning Quarter will be one of the new and most modern faces of Malaysias profile
as an education hub.
As a result of the Learning Quarters appeal and its depth of infrastructure and natural assets,
it is perfectly poised to attract investors experienced in developing these components:
Tertiary Education
Corporate Training Centres
Specialised Studies
Research Park
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Being the first medical tourism establishment in ECER, KTCC is poised to gain early-mover
advantage in addition to proximity and cultural similarity to regional markets such as Indonesia
and Singapore.
In order to be competitive with these regional centres, it is vital that the quality of services is
benchmarked at international standards at the Medical Centre, Wellness Centre, Alternative
Medicine, Spa Resort and Retirement Village.
Private healthcare for basic wellness and recuperative treatments are on the rise and a
combination of medical tourism and spa treatment is potentially a viable attraction for
investors and operators.
There is scope for the development of a wellness and recuperative centre by leveraging
on the availability of tourism destinations nearby. Potential services can combine
medical, spa treatment and holiday elements. Significant synergies from hotels and
resorts, tourism destinations and the airport, will make this a viable and exciting venture.
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Getting There
KTCC can be reached by modern road, rail and air transportation systems. In addition:
Kuala Terengganu Airport has been upgraded up to the level of an International Airport and
envisioned to be a Low-Cost Carrier Hub.
The East Coast Expressway provides better connections from Kuala Lumpur to Kuantan,
and will be further extended northwards to Kuala Terengganu and Kota Bharu as well as
southwards to Johor Bahru and Singapore.
The second East-West Link has been extended from Simpang Pulai in the west coast to
Kuala Berang in Terengganu.
To enhance accessibility, other modes of transport will be further developed.
A study is being carried out to connect the entire East Coast by rail to the growth areas on
the west of the Peninsula.
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Investment Opportunities
Investors have responded positively to the governments pragmatic policies, political and
economic stability, sound economic fundamentals, well-developed infrastructural facilities
and an educated skilled labour force.
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Well-connected with modern road, rail, air and sea transportation systems.
Supported by quality ICT services, easily accessible amenities and reliable public utilities.
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Other Incentives
Incentives
Activity/Cluster
Tourism
Incentives given to owner or owner operator of hotels and resorts, Integrated resorts,
Themeparks, Amusement and family entertainment centres, Cultural centres, Conference
centres, Exhibition centres, Regional operation of hotel and leisure services
Tourism activities in designated locations in
the ECER Master Plan
Customised incentives based on merit of each case, or
Income tax exemption of 100% for 10 years commencing from the year company
derives statutory income, or
Income tax exemption of 100% for 5 years for eco-tourism commencing from the
year company derives statutory income, or
Income tax exemption equivalent to 100% of qualifying capital expenditure
(Investment tax allowance) for 5 years
Stamp duty exemption on land acquired for development
Withholding tax exemption on royalty and technical fees for 10 years
Application to be submitted to ECERDC
Import duty and sales tax exemption on machinery, equipment, and consumables
that are not produced locally and used directly in the activity
Hallmark Events such as:
Monsoon Cup, Terengganu
Batik
Songket
Brassware
Silverware
Royal tenun
Wood carving
Kite making
All Clusters
To qualify as a tourism project, a company must have a minimum investment of
RM5 million.
Batik
Songket
Brassware
Silverware
Royal tenun
Wood carving
Kite making
Training
Investment in buildings used for industrial, technical or
vocational training approved by the Minister
Single deduction
Tourism
Licensed Tour operators
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Batik
Songket
Brassware
Silverware
Royal tenun
Wood carving
Kite making
Incentives
- domestic tourism packages for more than 1,200 local tourists per year
of assessment
The incentive is available until year of assessment 2011.
Promotion of
- International Conference
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Contact Us
If you are an investor planning to establish or expand your business opportunities in the
East Coast Economic Region (ECER) we will provide you with professional assistance. We will
be the first point-of-contact for all your investment inquiries.
Companies planning to start or expand operations in ECER can obtain information and
assistance from the East Coast Economic Region Development Council. We will help you
harness ECERs competitive edge and capabilities to achieve your business objectives.
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