Page 377 - Westport Guide To Malaysia

NORTHERN CORRIDOR IMPLEMENTATION AUTHORITY (NCIA)
1114, Jalan Perindustrian Bukit Minyak 18
Penang Science Park 14100 Simpang Ampat Pulau Pinang, Malaysia
T (04) 502 0708 W ncer.com.my
The Northern Corridor Economic Region (NCER) is aimed
at accelerating economic growth
and transitioning to higher value-added and knowledge-
based economic activities in the states of Kedah, Penang, Perak and Perlis in Peninsular Malaysia. The Northern Corridor Implementation Authority (NCIA) is the regional development authority, leveraging on each state’s strengths to develop a world-class economic region and technology hub. NCIA drives NCER’s growth through high value- added development programmes in six (6) economic clusters: Manufacturing, Services, Agribusiness, Petrochemical,
Green Economy and Sustainable Mining. NCER’s business
ecosystem has evolved over 40
KEDAH
PERLIS
PULAU PINANG
THAILAND
years in technology and engineering based industries, with a large and educated workforce, a sophisticated logistics network, a
thriving business culture,
and many multi-national corporations with their global networks and markets.
Located within the Indonesia Malaysia Thailand - Growth Triangle (IMT-GT) at the strategic crossroads of Asia, NCER’s investors enjoy easy access to the 3.3 billion population of the fastest emerging markets in the world: ASEAN, India and China.
NCIA provides special tax incentives for companies undertaking approved activities in stipulated sectors and facilitates human capital development programmes
to address skills gaps and ensure the availability of a high-skilled workforce.
The region is also renowned
for its diverse and historically rich tourism attractions. These include Lenggong Valley in Perak, a UNESCO Archaeological Heritage Site; the UNESCO World Cultural Heritage City of George Town in Penang; Asia’s
first Geopark, Langkawi in Kedah; and Malaysia’s only semi-deciduous rainforest at Perlis State Park.
NCIA has swiftly mobilised its post-COVID plans, with
a three-pronged strategic approach to address the socioeconomic impact on the people and the region. This focuses on accelerating private investment growth, whilst prioritising strategic infrastructure development. NCIA is fully committed to mitigating the impact of the COVID-19 outbreak to ensure that the region remains resilient in the face of current economic challenges.
PERAK
THE GUIDE TO MALAYSIA 369