Perlis set for major industrial growth – MITI
20 Feb 2025
Perlis is poised for significant industrial expansion, supported by key initiatives such as the Chuping Valley Industrial Area (CVIA) and the Perlis Inland Port (PIP).
Deputy Investment, Trade and Industry Minister Liew Chin Tong highlighted Perlis’s potential to achieve economic growth as Malaysia gears towards a second takeoff.
As one of the northern region states in Peninsular Malaysia, Liew said Perlis holds immense border trade and business potentials.
“Perlis also stands a great chance of benefiting from the economic spillover from neighbouring Kedah and Penang states. I see positive developments in the implementation of these projects and we hope that they will become new engines of growth for Perlis once completed.
“As we move forward, guided by the New Industrial Master Plan 2030, National Energy Transition Roadmap and the Green Investment Strategy, I believe it is crucial for us to build on this momentum and leverage Perlis’s strengths to drive growth and development across Malaysia,” he said in a statement in conjunction with the Malaysian Investment Development Authority (MIDA), Invest Series.
Echoing this sentiment, MIDA chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid emphasised MIDA’s support in driving investment into Perlis.
“We are stepping into 2025 with a clear and ambitious agenda. Perlis is moving forward with a clear strategy—leveraging its location, business-friendly policies, and growing infrastructure to attract industries that want to expand and innovate.
“At MIDA, we always strive to do our best to facilitate investment across Malaysia, and Perlis is no exception. Our dedication is reflected in action,” he said.
Perlis took center stage today as a promising investment destination during the MIDA Invest Series.
MIDA, the Perlis state government, and the Northern Corridor Implementation Authority (NCIA) jointly hosted the landmark event at MIDA Sentral, drawing 200 attendees from both local and foreign investors, as well as industry players.
A key highlight of the event was the exchange of a memorandum of understanding between Mutiara Perlis Sdn Bhd and Bina Darulaman Bhd, as well as the exchange of memorandum of collaboration between Mutiara Perlis Sdn Bhd and MAERSK Logistics & Services Malaysia Sdn Bhd.
These strategic collaborations aim to enhance logistics efficiency, infrastructure development, and international trade connectivity, reinforcing Perlis’s position as a logistics hub in the region.
Source: NST
