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What is Northern Corridor Economic Region mean?
Northern Corridor Economic Region (NCER; Malay: Koridor Utara) was established with the aim to accelerate economic growth in the northern region of Peninsular Malaysia, encompassing the states of Kedah, Pulau Pinang, Perak and Perlis. Since its inception in 2007, NCER has evolved progressively and consistently, aligned with the government's effort to promote inclusive and sustainable development to reduce regional imbalances and provide equitable economic growth across the country. To sustain this growth momentum and achieve fair wealth distribution, the region continuously spearheads bold measures to pave the way for innovative and sustainable initiatives that contribute to the optimal well-being and shared prosperity of the rakyat. This is achieved by leveraging on the strengths of all four states to form a synergy in enhancing the job creations, encourage entrepreneurship, achieve high income and attract private investments.NCER welcomes foreign investment and business opportunities through a conducive and secured environment for investors. Its close proximity and economic links to key export markets in Asia as well its strategic location makes NCER an attractive destination of any business operations.
referencePosted on 16 Dec 2024, this text provides information on Miscellaneous in Governmental related to Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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