Business

Chuping Valley to change economic landscape of Perlis

That's Bukit Chuping far away on the right of the photo.

Syndicated News
Written by Syndicated News

PADANG BESAR — March 27, 2017: The Chuping Valley Industrial Area (CVIA) project due to be completed in 2025 is expected to contribute substantially to the gross national income of the country while also changing the economic landscape of Perlis.

Mentri Besar Datuk Seri Azlan Man described the project as a key socio-economic catalyst to push the people from the traditional agro-based economy to a modern one.

The CVIA, spread over 3,300 acres, has the Perlis inland port, a 500-acre logistics hub as well as an industrial area that focuses on three clusters — renewable energy generation, green manufacturing and the halal industry.

“In the early stage of the CVIA, more than 12,500 jobs will be created and the figure is expected to double over the long term.

“I am optimistic the CVIA which has been carefully planned from 2014 will attain its objective based on the positive feedback from prospective foreign investors and the private sector,” said Azlan at the launch of the CVIA by the Raja Perlis Tuanku Syed Sirajuddin here today.

Present were the Raja Muda Tuanku Syed Faizuddin Putra and the Northern Corridor Implementing Authority chief
executive officer Datuk Redza Rafiq.

Azlan also expressed gratitude to the federal government for approving the CVIA with an initial allocation of M873.5 million to start work on basic infrastructure.

He said to reporters later that there was no reason for concern over the CVIA in the face of the current global economic uncertainty as when the  basic infrastructure is ready in two to three years’ time, the investments will roll in. — Bernama

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