On 8 March 2024, MIDA’s Domestic Investment Division organised the first-of-its-kind Seminar on the East Coast Rail Link – Economic Accelerator Project (ECRL-EAP) Business and Investment Opportunities together with our strategic partners, the Malaysia Rail Link Sdn. Bhd. (MRL) and PLANMalaysia. The event marked a significant leap forward since the signing of a Memorandum of Understanding (MoU) with China Communications Construction Company Ltd. (CCCC) in 2019. Attended by key governmental figures and over 200 participants from various sectors, the seminar showcased the ECRL-EAP’s progress, with over 60% completion attained by February 2024. Highlighting the ECRL’s potential to increase Malaysia’s GDP by 3.78% by 2047, Minister of Investment, Trade and Industry (MITI), YB Senator Tengku Datuk Seri Utama Zafrul Abdul Aziz, emphasised the project’s role in driving economic parity and shared prosperity in line with national development agendas.

A highlight of the event was the official handover of the ECRL Integrated Land Use Master Plan (PeGTaECRL) from PLANMalaysia to MIDA, symbolising a strategic collaboration to optimise development opportunities along the ECRL routes. This blueprint aims to foster regional harmony and attract investments, aligning with Malaysia’s vision for balanced progress. As MIDA and its partners continue to champion the ECRL-EAP, investors are encouraged to seize the transformative opportunities it presents, while stakeholders are urged to engage in capacity-building activities to ensure its success.