KUALA TERENGGANU, 28 October – The investment landscape in Terengganu continues to show positive momentum, recording a total committed investment value of RM4.3 billion as of September 2025, driven primarily by major inflows into the renewable energy and high-value manufacturing sectors.

Menteri Besar Dato’ Seri Ir. Dr. Ahmad Samsuri Mokhtar said the achievement reflects both local and international investors’ confidence in the state’s competitiveness and stability as a strategic investment destination within the East Coast Economic Region (ECER).

According to him, these investments are expected to create nearly 2,000 new job opportunities, further strengthening Terengganu’s position as a hub for new energy, green industry, and sustainable economy development in the East Coast.

“This performance demonstrates our strong commitment to building a more resilient and sustainable state economy.

“We are not only focusing on renewable energy and manufacturing sectors but also strengthening the tourism and agriculture sectors to ensure the benefits are shared widely among the people,” he said in a statement issued by the East Coast Economic Region Development Council (ECERDC) yesterday.

He added that a total of 1,981 new jobs are expected to be created.

“The manufacturing sector contributes 74 percent of the total investment, followed by tourism (12 percent), agriculture (8 percent), and services (6 percent).

“The main project driving these investments is the RM2.9 billion hybrid solar project in Tasik Kenyir, a collaboration between TNB Genco Sdn. Bhd. and Terengganu Inc,” he added.

Dr. Ahmad Samsuri further explained that the pilot phase of the project was launched in July and is currently undergoing discussions for the main contract towards full commercial implementation.

“In addition, realised investments to date total RM1.6 billion, demonstrating continued growth in the state’s industrial and tourism sectors.

“Among the key projects are the Kertih Terengganu Industrial Park by Retro Court Sdn. Bhd., and the development of a new three-star hotel on Gemia Island by GEM Island Resort Sdn. Bhd.,” he said.

ECERDC Chief Executive Officer Dato’ Baidzawi Che Mat said the council also focuses on infrastructure development and community empowerment.

“Among the latest projects is the SME Complex Phase 1B at Kerteh Biopolymer Park (KBP), which was completed in July and is expected to receive its Certificate of Completion and Compliance (CCC) by the end of October.

“It also includes enhancements to tourism facilities such as the Sultan Mahmud Airport–KTCC Executive Route (KTAR2) upgrade project and the KTCC Promenade Phase 1, which will open up new commercial and recreational development opportunities in Kuala Terengganu,” he added.