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Northern Corridor Economic Region
Last Updated : 4/9/2015 3:56 PM
   

 

Northern Corridor Economic Region (Koridor Utara) focuses on accelerating economic growth and elevating income levels in northern Peninsular Malaysia with the objective of becoming a world-class economic region by the year 2025. The northern states of Perlis, Kedah, Pulau Pinang and northern Perak (districts of Hulu Perak, Kerian, Kuala Kangsar and Larut Matang-Selama) form the region, covering an area of 17,816 sq km.

 

Koridor Utara leverages on the existing economic achievements of the region in electronics, tourism and agriculture, as well as its strategic location bordering Thailand and facing the Malacca Straits. Leveraging on the strengths of the region, 4 key thrust areas have been identified, namely agriculture, manufacturing, tourism and logistics.

 

 

The Northern Corridor Implementation Authority (NCIA) is the statutory body responsible for establishing directions, policies and strategies in relation to Koridor Utara development programs. NCIA's role is to move these sectors up the value chain by identifying anchor investors and addressing key enablers that would help create conducive business environment in Koridor Utara.

 

 

Koridor Utara offers the following advantages to investors:

  • An Eco-System That Has Evolved Over 40 Years

The business community in Koridor Utara has gone through an advanced stage of evolution, with over 40 years' experience in dealing with large and small local and foreign organisations. This has caused both technical and business support ecosystems to become efficient enablers for private sector participations in Koridor Utara. 


The above-mentioned evolution has also caused the creation of a broad range of engineering-based baseline skills; and this has enabled the region to expand into new growth sectors such as LEDs, automotive, aerospace, machinery/automation, medical devices and biotechnology/ engineering-driven agriculture. This is supported by a business-friendly culture that has also evolved over the last 40 years, where businesses already have adapted the world class delivery standards to cater for the needs of multinational corporations.

  • Regional Enabler For Private Sector Participation 

NCIA has gained recognition as a regional enabler for private sector participation. By collaborative engagement charter the presence of and efficient delivery system has been set up to support companies establish their operations and growth in Koridor Utara. Strong relationships have been established over the years between various government agencies and the private sector.

  • Readily Available Skilled And Industry - Relevant Workforce

The constant engagement between the Industry and the Academia ; and the setting up of Centres of Excellence to facilitate such collaborative efforts have led to the availability of skilled and industry-relevant workforce that meets the demands of the various sectors in Koridor Utara.

  • Excellent Market Outreach Via Experienced Logistics Network

Being home to the second busiest airport and one of the busiest seaports in Malaysia, the logistics sector has been a key enabler of trade for Koridor Utara along with an entire established cluster of support services. The Malaysian Government is currently pumping in RM20 billion worth of infrastructure investments into Koridor Utara to improve international and regional connectivity. Among the key investments are the upgrade of rail capacity via the Ipoh-Padang Besar Double Tracking project and the 2nd Penang Bridge, which will augment connectivity to the airport and seaport.







Contact Info
Northern Corridor Implementation Authority
Head Office
Level 20 & 21, Menara KWSP
No. 38 Jalan Sultan Ahmad Shah
10050 Georgetown
Pulau Pinang, Malaysia

Tel: +604 238 2888
Fax: +604 238 2998
  

Website:
Northern Corridor Economic Region
   
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