He said the biggest contributor to FDI from China was from the expansion of Alliance Steel (M) Sdn Bhd, the first investor in the Malaysia-China Kuantan Industrial Park (MCKIP), and a subsidiary of Guangxi Beibu Gulf Iron and Steel Co Ltd.

The presence of MCKIP in Gebeng over the last 10 years has contributed RM30 billion in total investment, besides creating 10,000 job opportunities for local residents, according to Wan Rosdy.

“MCKIP is the first industrial park to be jointly developed between Malaysia and China, (along) with the China-Malaysia Qinzhau Industrial Park (CMQIP) in China.

“We are working together to adhere to the business rules and policies of both countries as well as facilitating the business community investing in both industrial parks to ensure the establishments run smoothly,” Wan Rosdy said at a press conference after attending MCKIP’s 10th anniversary ceremony here today.

Transport minister Loke Siew Fook and deputy international trade and industry minister Liew Chin Tong were also present.

The state government, according to Wan Rosdy, welcomes more FDIs, especially in the high-tech industries as well as the automotive, and aviation research and development sectors.

He said MCKIP’s second and third construction phases are “going well” with positive impact from the nearby East Coast Rail Link and Kuantan port.