Malaysia - Taman Perindustrian Malaysia-Cina Kuantan
Malaysia-China Kuantan Industrial Park (MCKIP), inaugurated on February 5, 2013, holds a strategic position within the East Coast Economic Region (ECER) special economic zone in Kuantan, Pahang.
Encompassing a substantial 14.2 sq.km (3,500 acres), MCKIP is subdivided into MCKIP 1 (1,200 acres), MCKIP 2 (1,000 acres), and MCKIP 3 (1,300 acres). MCKIP 1 and 2 cater to heavy and medium industries, while MCKIP 3 accommodates logistics, light industries, and residential and commercial components.
Bilateral Collaboration: Malaysia-China Kuantan Industrial Park
MCKIP emerges from a collaboration between Malaysia Consortium and China Consortium. It is twinned with the China-Malaysia Qinzhou Industrial Park (CMQIP) in Qinzhou, China. This synergy is defined as “Two Countries, Twin Parks.”
As a pivotal instrument for foreign investment, MCKIP bolsters local employment and drives regional economic advancement.
Diverse Industries
MCKIP hosts a spectrum of industries, including:
Steel and Non-ferrous Metals
Clean Technology and Renewable Energy
Petrochemicals
Research & Development
Electrical & Electronic Energy
Machinery & Equipment Manufacturing
Key Incentives for Investments
MCKIP offers compelling incentives to attract investments:
- 10 + 5 years corporate income tax exemption
- Import duty exemption for essential components
- Stamp duty exemption for land or building transfer
MCKIP has the distinction of being Malaysia’s first “National Industrial Park.” Jointly developed by Malaysia and China, it follows the successful model of CMQIP. Encompassing 685 hectares, MCKIP attracts high-end industries from across the globe, leveraging its proximity to Kuantan Port and other industrial parks in ECER.
Premier Wen Jiabao of China introduced the CMQIP concept in April 2011, receiving full support from Prime Minister Dato Sri Najib Tun Razak of Malaysia. In April 2012, the two governments established the counterpart to CMQIP in Malaysia – MCKIP.
On February 5, 2013, leaders from both nations inaugurated MCKIP, solidifying a bilateral commitment. MCKIP, alongside CMQIP, sets a precedent as the first “Two Countries, Twin Parks” initiative.
Strategic Location of Malaysia-China Kuantan Industrial Park
MCKIP, Malaysia’s premier National Industrial Park, occupies 3,500 acres in Gebeng Industrial Area, Kuantan. Its location is 5km from Kuantan Port, 25km from the town, 40km from Sultan Haji Ahmad Shah Airport, 250km from Kuala Lumpur. MCKIP strategically links to Kuantan Port, ensuring swift connectivity to Qinzhou Port and other Chinese ports.
MCKIP, conceived across three phases covering 14.2 sq km, encompasses commercial, logistics, and support zones. The project is a joint venture between leading Chinese and Malaysian enterprises, with both nations holding shares in a collaboration spanning land development, infrastructure, and investment.
Strategically positioned in ECER, facing the South China Sea, MCKIP harnesses its proximity to Kuantan Port for amplified growth potential in ASEAN, Asia Pacific, and global markets. Synergy between port and park fosters dynamic investment opportunities.
Notable Tenants
Alliance Steel (M) Sdn. Bhd.: Spearheading MCKIP’s inception, this project, with a capacity of 3.5 million tons, signifies a pivotal investment partnership between Malaysia and China.
Maxtrek Tyre Manufacturing Malaysia Sdn. Bhd.: This venture aims to produce millions of car and truck/bus tires annually, leveraging Industry 4.0 and green technologies.
The 10th anniversary of the Malaysia-China Kuantan Industrial Park highlighted new collaborations, signifying a dynamic future for both parks and bilateral production capacity cooperation.
Malaysia-China Kuantan Industrial Park epitomizes strategic bilateral cooperation, leveraging its innovative model “Two Countries, Twin Parks” to propel high-end industries, foster job opportunities, and stimulate economic growth within the region.
With total area of 14.2 sq.km (3,500 acres), MCKIP comprises of MCKIP 1 (1,200 acres), MCKIP 2 (1,000 acres) and MCKIP 3 (1,300 acres). MCKIP 1 and 2 cater for heavy and medium industries. MCKIP 3 caters for logistic hub, light industries, residential and commercial components.
Additional Details
- Total area: 3,500 acres
- Key industrial sectors: Food & Beverages, Metal & Machinery, Rubber, Logistics (Non-Food Resource Based), Automotive, Chemical