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Northern Corridor Economic Region (NCER)
The Northern Corridor Economic Region (NCER) is a beacon of growth in the north, focusing on high-value-added projects and private sector participation. Spearheaded by the Northern Corridor Implementation Authority (NCIA), NCER is transforming into a world-class economic region and technology hub. With a strategic emphasis on manufacturing, agribusiness, and green technologies, NCER offers a robust ecosystem for businesses to thrive.
NCIA, as the governing body, is tasked with providing guidance, formulating policies, and devising strategies to stimulate and expedite the advancement of the NCER. Through catalysing and executing high-value development projects and initiatives, NCIA encourages private sector involvement in the region.
For further details on NCIA and investment opportunities within NCER, please visit www.ncer.com.my and we would be happy to assist you.
The Northern Corridor Economic Region (NCER) aims to boost economic growth in Perlis, Kedah, Penang, and Perak by focusing on High-Value Manufacturing, Modern Agriculture, and Advanced Services.
NCER’s manufacturing sector, including aerospace, automotive, medical devices, rubber products, FMCG, E&E, and M&E, is a prime mover of the region’s economy and a strong contributor to Malaysia’s GDP.
NCIA aims to transform and modernise NCER’s agriculture sector through programs such as NCER Agri Economic Zone (NAEZ), Superfruits Valley, and IPR-INTAN to support the national food security agenda.
NCER’s services sector continues to be crucial to the region’s growth and development. Tourism and Logistics & Connectivity are established industries within this sector and will continue to evolve. Two newly identified industries; the Digital Economy and Education; will be prioritised to further boost the region’s economy.
The Northern Corridor Economic Region (NCER) in Malaysia is home to several strategically developed industrial parks that are integral to the region’s industrial and economic landscape. Prominent among these are Chuping Valley Industrial Area (CVIA), Kedah Rubber City (KRC), Kedah Science & Technology Park (KSTP), and Sidam Logistics, Aerospace & Manufacturing (SLAM). These industrial parks are designed to leverage the NCER’s strengths, fostering innovation, enhancing industrial capabilities, and driving economic growth. With their specialised focus areas and advanced infrastructure, these parks provide a conducive environment for businesses to thrive, making the NCER a key player in Malaysia’s industrial development.
The Northern Corridor Economic Region (NCER) offers several value propositions for investors. These include a dynamic business ecosystem with ideal growth opportunities, world-class facilitation and engagement services, access to high-value industries, strategic location within the states of Perlis, Kedah, Penang, and Perak, and robust infrastructure.
Strategic Location
NCER’s proximity to the Thailand border adds a significant strategic advantage for investment, cross-border trade, connectivity and providing access to expand their operations within the ASEAN Economic Community.
Investment Incentives and Support
NCER offers attractive investment incentives, including tax exemptions, grants, and ecosystem development programmes, to encourage both local and foreign investments. These incentives are designed to lower the cost of doing business and enhance profitability.
Innovation and Technology
NCER is committed to fostering innovation and technology adoption across various sectors through the NCER Technology Innovation Centre (NTIC) programme.
Skilled Workforce
NCER benefits from a skilled and educated workforce, supported by numerous educational institutions and training centres. This talent pool is crucial for the growth of high-value industries.
Infrastructure Development
Well-developed infrastructure and industrial parks to support business operations.
NCER Tax Incentives (NTAX@NCER)
NCER incentives include an Income Tax Exemption, Investment Tax Allowance and rewards for specific promoted activities such as Research and Development (R&D).
NCER Talent Enhancement Programme (NTEP)
NTEP is a talent ecosystem development initiative designed to ensure there is ample supply of skilled talent that matches the industry’s requirements in the NCER.
NCER Technology Innovation Centre (NTIC)
NTIC is a programme that focuses on activities related to research, product development and specific design that will act as a platform for large local companies (LLC), multinational corporations (MNC), small medium enterprises (SME), start-ups as well as individual technocrats and young entrepreneurs to undertake high value-added high-tech activities at NCER.
Dana Usahawan NCER (DU@NCER)
DU@NCER is a catalytic fund designed as a tipping point for qualified Bumiputera SMEs to explore new investments or business developments in line with the NCER Strategic Development Plan.
Disclaimer: The incentives provided by NCER are subject to expiration or revision. It is advisable to verify the current status and terms of the incentives as they approach their expiry date.
MIDA coordinates with NCIA to provide comprehensive information on national investment opportunities, regulations, and incentives, supporting investors looking to expand into the Northern Corridor. To further streamline the investment process and enhance business operations in this region, the NCER Facilitation Centre for Investors (FaCi@NCER) offers a wide range of services tailored to attract and support businesses in Peninsular Malaysia’s northern area.
FaCi@NCER is dedicated to creating a business environment that not only attracts but also retains investors, thereby driving regional economic growth. The centre facilitates and monitors the realisation of approved investment projects, addressing any challenges that arise during both the implementation and post-implementation stages through close collaboration with Federal and State agencies.
For inquiries regarding NCER’s facilitation services, please contact:
The Head of NCER Facilitation Centre for Investors (FaCi@NCER), NCIA
Email: [email protected]
Explore your investment opportunities in Malaysia. Contact us at MIDA and we would be happy to assist.
