{"id":1205,"date":"2021-02-20T23:30:26","date_gmt":"2021-02-20T17:00:26","guid":{"rendered":"https:\/\/directorsdirectory.com\/?post_type=listing&#038;p=1205"},"modified":"2023-09-30T12:22:06","modified_gmt":"2023-09-30T05:22:06","slug":"malaysia-china-kuantan-industrial-park","status":"publish","type":"post","link":"https:\/\/directorsdirectory.com\/malaysia-china-kuantan-industrial-park\/","title":{"rendered":"Malaysia-China Kuantan Industrial Park"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1205\" class=\"elementor elementor-1205\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-298da78e elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"298da78e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-31a85f1\" data-id=\"31a85f1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-958e802 elementor-widget elementor-widget-image\" data-id=\"958e802\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"498\" src=\"https:\/\/directorsdirectory.com\/wp-content\/uploads\/2021\/02\/MCIP2244ed82f0325b9b5ee597-e1696051219588-1024x498.jpg\" class=\"attachment-large size-large wp-image-1207\" alt=\"Malaysia\u2013China Kuantan Industrial Park Taman Perindustrian Malaysia-Cina Kuantan Simp Chinese: \u9a6c\u6765\u897f\u4e9a\u4e2d\u56fd\u5173\u4e39\u5de5\u4e1a\u56ed\u533a Korean: \ub9d0\ub808\uc774\uc2dc\uc544-\uc911\uad6d \ucfe0\uc548\ud0c4 \uc0b0\uc5c5 \uacf5\uc6d0 Japanese: \u30de\u30ec\u30fc\u30b7\u30a2\u30fb\u4e2d\u56fd\u30af\u30a2\u30f3\u30bf\u30f3\u5de5\u696d\u56e3\u5730 Arabic: \u0645\u0646\u0637\u0642\u0629 \u0645\u0627\u0644\u064a\u0632\u064a\u0627-\u0627\u0644\u0635\u064a\u0646 \u0627\u0644\u0635\u0646\u0627\u0639\u064a\u0629 \u0641\u064a \u0643\u0648\u0627\u0646\u062a\u0627\u0646 Hindi: \u092e\u0932\u0947\u0936\u093f\u092f\u093e-\u091a\u0940\u0928 \u0915\u094d\u0935\u093e\u0902\u091f\u0928 \u0914\u0926\u094d\u092f\u094b\u0917\u093f\u0915 \u092a\u093e\u0930\u094d\u0915\" srcset=\"https:\/\/directorsdirectory.com\/wp-content\/uploads\/2021\/02\/MCIP2244ed82f0325b9b5ee597-e1696051219588-1024x498.jpg 1024w, https:\/\/directorsdirectory.com\/wp-content\/uploads\/2021\/02\/MCIP2244ed82f0325b9b5ee597-e1696051219588-300x146.jpg 300w, https:\/\/directorsdirectory.com\/wp-content\/uploads\/2021\/02\/MCIP2244ed82f0325b9b5ee597-e1696051219588-768x374.jpg 768w, https:\/\/directorsdirectory.com\/wp-content\/uploads\/2021\/02\/MCIP2244ed82f0325b9b5ee597-e1696051219588-1536x747.jpg 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1915ed3 elementor-widget elementor-widget-heading\" data-id=\"1915ed3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Malaysia - Taman Perindustrian Malaysia-Cina Kuantan<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-320956fd elementor-widget elementor-widget-text-editor\" data-id=\"320956fd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>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.<\/p>\n<p>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.<\/p>\n<h3>Bilateral Collaboration: Malaysia-China Kuantan Industrial Park<\/h3>\n<p>MCKIP emerges from a collaboration between Malaysia Consortium and China Consortium. It is twinned with the <a href=\"http:\/\/www.cmqip.com.cn\/English\/Index\" target=\"_blank\" rel=\"noopener\">China-Malaysia Qinzhou Industrial Park<\/a> (CMQIP) in Qinzhou, China. This synergy is defined as “Two Countries, Twin Parks.”<\/p>\n<p>As a pivotal instrument for foreign investment, MCKIP bolsters local employment and drives regional economic advancement.<\/p>\n<h3>Diverse Industries<\/h3>\n<p>MCKIP hosts a spectrum of industries, including:<\/p>\n<p>Steel and Non-ferrous Metals<br \/>Clean Technology and Renewable Energy<br \/>Petrochemicals<br \/>Research &amp; Development<br \/>Electrical &amp; Electronic Energy<br \/>Machinery &amp; Equipment Manufacturing<\/p>\n<h3>Key Incentives for Investments<\/h3>\n<p>MCKIP offers compelling incentives to attract investments:<\/p>\n<ul>\n<li>10 + 5 years corporate income tax exemption<\/li>\n<li>Import duty exemption for essential components<\/li>\n<li>Stamp duty exemption for land or building transfer<\/li>\n<\/ul>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<h3>Strategic Location of Malaysia-China Kuantan Industrial Park<\/h3>\n<p>MCKIP, Malaysia’s premier National Industrial Park, occupies 3,500 acres in Gebeng Industrial Area, Kuantan. Its location is 5km from <a href=\"https:\/\/directorsdirectory.com\/kuantan-port\/\" target=\"_blank\" rel=\"noopener\">Kuantan Port<\/a>, 25km from the town, 40km from\u00a0<a href=\"https:\/\/en.wikipedia.org\/wiki\/Sultan_Haji_Ahmad_Shah_Airport\" target=\"_blank\" rel=\"noopener\">Sultan Haji Ahmad Shah Airport,<\/a> 250km from Kuala Lumpur. MCKIP strategically links to Kuantan Port, ensuring swift connectivity to Qinzhou Port and other Chinese ports.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<h3>Notable Tenants<\/h3>\n<p><a href=\"http:\/\/alliancesteel.com.my\/articleList_6_1.html?lang=en\" target=\"_blank\" rel=\"noopener\">Alliance Steel (M) Sdn. Bhd.<\/a>: Spearheading MCKIP’s inception, this project, with a capacity of 3.5 million tons, signifies a pivotal investment partnership between Malaysia and China.<\/p>\n<p><a href=\"http:\/\/www.maxtrektyres.com\/english.php\" target=\"_blank\" rel=\"noopener\">Maxtrek Tyre Manufacturing Malaysia<\/a> Sdn. Bhd.: This venture aims to produce millions of car and truck\/bus tires annually, leveraging Industry 4.0 and green technologies.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n\n<p>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.<\/p>\n\n<h4 class=\"wp-block-heading\">Additional Details<\/h4>\n\n<ul class=\"wp-block-list\">\n<li>Total area: 3,500 acres<\/li>\n\n<li>Key industrial sectors: Food &amp; Beverages, \u00ad Metal &amp; Machinery, \u00ad Rubber,\u00ad Logistics (Non-Food Resource Based), Automotive, Chemical<\/li>\n<\/ul>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-de6be2e\" data-id=\"de6be2e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-70204f0 elementor-widget elementor-widget-ucaddon_post_list\" data-id=\"70204f0\" data-element_type=\"widget\" data-widget_type=\"ucaddon_post_list.default\">\n\t\t\t\t<div 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[&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1207,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_theme","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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