Melaka sets RM30 billion investment target for five-year period
A planned 302-hectare German Technology Park in Ayer Keroh would support the state's electrical and electronics industry.
Melaka aims to attract investments totalling RM30 billion over a five-year period, with electrical and electronics (E&E), semiconductors and high technology as priorities, Chief Minister Datuk Seri Ab Rauf Yusoh told Bernama. The target averages RM6 billion annually.
Among the projects planned to support E&E is the German Technology Park (GTP) in Ayer Keroh. Ab Rauf said the 302-hectare development would involve a partnership linking private-sector participants with the state government. Its management approach would take cues from Germany to help attract international businesses.
Ab Rauf cited Infineon, Texas Instruments and Koa Denko as examples of global manufacturers already operating in Melaka. He said the existing semiconductor and microelectronics base offered scope to develop the microchip ecosystem further, while expansion by major companies could draw investment into semiconductors and related industries.
State agencies were coordinating work to ease bureaucracy and improve conditions for businesses, he said. He also pointed to Melaka's location and what he described as more competitive land prices and operating costs than those in some other states.
The government would continue promoting Melaka internationally, highlighting its workforce, industrial ecosystem and supporting facilities, Ab Rauf added.
