BUSINESS

Melaka Targets 70 Pct GTP Area To Be Filled With Investors Within Two Years

15/10/2024 03:08 PM

MELAKA, Oct 15 (Bernama) -- The Melaka government is aiming for approximately 70 per cent of the 186-hectare German Technology Park (GTP) currently under construction in Ayer Keroh, to be filled by investors within two years.

Chief Minister Datuk Seri Ab Rauf Yusoh said the state government has received technical approval for the development of GTP and the infrastructure construction is expected to be completed within 12 months.

"The state government will then actively promote to Germany afterwards to ensure that this target is achieved and thus create approximately 10,000 job opportunities for the people of this state.

“This GTP is located about 2 km from the Ayer Keroh toll and is an area of potential for investors,” he told the media after officiating at the Deutscher Brand Summit 2024 at the Melaka International Trade Centre at Ayer Keroh here today.

Present with the Minister for Economic, Affairs, Labour and Tourism of the state of Baden-Wurthemberg Dr Nicole Hoffmeiser-Kraut were senior state exco member for Housing, Local Government, Drainage, Climate Change and Disaster Management Datuk Rais Yasin and state secretary Datuk Azhar Arshad.

Ab Rauf said the opening of the GTP was the state government's wish to make Melaka an investment hub from not only German high-tech companies but also fashion industry players from the country.

He said the state government created the Melaka Industrial Booster (MIB) initiative to help speed up the application approval process for investors or developers who want to invest in the state.

"This 186-hectare GTP will become an icon for the new industry in Melaka," he said.

-- BERNAMA


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